2015 Pacific Games-Fiji’s 38-0 record was born and scored 21 goals in half

2015 Pacific Games-Fiji’s 38-0 record was born and scored 21 goals in half
The United States had a 31-0 victory in an international game, creating the biggest score record for the national team game, but this record recently tried to be rewritten. At the 2015 Pacific Games, Fiji defeated Mikero 38-0Federated States of Nicea.  This is the second round of the men’s football group match of this tournament. Fiji scored 21 goals in the first half and finally locked the score to 38-0. Tuivuna scored 10 goals by himself. In the stoppage time, he also scored 10 goals.He scored two goals in a row, while his teammate Wasala scored 9 goals, Verevou, Qasevakatini and Prasad scored 5 goals.In the first round of the Fiji national team, the Federated States of Micronesia lost 0-30 to Tahiti. After two rounds, they lost a total of 68 goals.  In 2001, in a 2002 World Cup qualifier, Australia defeated American Samoa 31-0 and striker Thompson scored 13 goals.Fiji also created the largest score record in the national team’s A-level game, but whether to break the competitor’s record still needs FIFA’s recognition, but because the Federated States of Micronesia is not a member of FIFA, so thisThe record may not be admitted.  Despite the big score defeat, Federated States Micronesia head coach Foster still praised the team’s performance: we did well in the second half, and the tagging was too lax in the first half, so I told them to be a person to tag and they will be in the second halfMuch better.Most of the players are from small villages, they do not play football, so their road is very long.They haven’t played against truly capable players in major events.The game against Tahiti pitted them against, but they cheered up.I gave them some personalities.  There are 8 teams participating in the top Pacific Games men’s football games. Fiji players play for their own teams and are U23 players.  The Federated States of Micronesia is a western Pacific island country with a land area of 702 square kilometers and 607 islands nationwide. According to 2010 data, their population is 10.280,000 people.(Callas)

Shenzhen Huaqiang’s gross profit margin has declined for 6 consecutive years, and goodwill is nearly three times net profit

Shenzhen Huaqiang’s gross profit margin has declined for 6 consecutive years, and goodwill is nearly three times net profit
In 1979, the spring breeze of reform and opening up infiltrated Shenzhen, which was originally a small fishing village. Huaqiangbei also came into being.Shenzhen Huaqiang was listed in January 1997. As of the close of trading on March 30 this year, Shenzhen Huaqiang has become a listed company with a market value of 10 billion yuan.However, Shenzhen Huaqiang’s net profit margin is declining. Behind this, its 2016-2019 revenue growth rate has also decreased year by year, and its net profit to its mother last year has not been broken. When Shenzhen Huaqiang’s internal growth reached the ceiling, it chose the extensional M & A, and produced 18.Goodwill of 4.8 billion.This accounts for 35% of its net assets at the end of 2019.67%, and its net profit attributable to its mother in 2019 was 6.3 billion, 18.The goodwill surplus of US $ 4.8 billion is nearly three times its net profit attributable to its mother. Once the goodwill is impaired, it will affect its profitability.After listing, Shenzhen Huaqiang has achieved 50.The net profit of 86 trillion yuan gradually dividends 12.8.5 billion US dollars, due to the majority shareholder Huaqiang Group holding up to 70%.76%, Huaqiang Group also took away 900 million yuan through the dividends of listed companies.Increasing income does not increase profit, gross profit rate declines year by year, performance moat is not deep 2019 is the 23rd year for Shenzhen Huaqiang to be listed. On March 26th, Shenzhen Huaqiang released its 2019 annual report.143.5.5 billion yuan, an annual increase of 21.66%, the net profit attributable to shareholders of listed companies is 6.3 billion, an annual decrease of 8.10%, the attributable net profit after deduction is 6.1.2 billion, a decrease of 4.At 22%, Shenzhen Huaqiang experienced an increase in income but no increase in profits.In terms of industries, Shenzhen Huaqiang’s operating income mainly comes from the authorized distribution segment of electronic components. In 2019, the operating income from the authorized distribution segment of electronic components was 131.23 trillion, accounting for 91% of operating income.41%, in 2018 the data showed 86.40%.Although the operating income from the authorized distribution segment of electronic components is increasing, operating costs are also increasing, leading to a decrease in gross profit margin. The gross profit margin of this segment in 2019 is 7.42%, a decrease of 4 from the previous period.12%.Judging from the overall sales gross profit margin of Shenzhen Huaqiang, since 2014, the sales gross profit margin of Shenzhen Huaqiang has been declining year by year, falling for 6 consecutive years, from 55.The 19% gross margin fell to 11.16%.During the same period, the sales net interest rate also declined, although occasionally rebounded.Although Shenzhen Huaqiang is already in the first echelon of the local electronic component distribution industry, the gross profit rate has declined year by year, which also means that Shenzhen Huaqiang’s performance moat is not deep, and there is a crisis of being attacked.”Wealth is rich in the land”, the property management segment contributes nearly 20% of the operating profit. The authorized distribution of electronic components is located between agent distribution in the electronic industry chain.It is an important link between the upstream original factory design, manufacturers and downstream electronic product manufacturers in the electronics industry chain.In the early days of the establishment of Huaqiang North, carrying a snakeskin bag and walking into the counter of Huaqiang North, the spot operation method was very common, and countless people came here with rich dreams.However, the electronic distribution industry has also experienced fatigue from the entry of new competitors, rents are becoming more expensive, and profitability is gradually becoming smaller.Shenzhen Huaqiang once said on the interactive platform in January 2017 that Huaqiangbei Commercial Pedestrian Street is a municipal street.Listed companies own more than 200,000 square meters of Huaqiangbei commercial properties.The 2019 annual report shows that Shenzhen Huaqiang’s investment real estate adopts the cost measurement model, and the end value of the original book value of land use rights is 5.7.8 billion US dollars, the closing balance of the original book value of houses and buildings is 15.09 trillion, investment real estate is mainly concentrated in subsidiaries.In 2019, Shenzhen Huaqiang’s operating income from other property operating segments was 2.4.5 billion, the operating cost is 7747.820,000 yuan, operating profit is 1.6.8 billion yuan, and its total operating profit is 8.94.9 billion, which means that the operating profit from other property operating segments accounted for 18% of its total operating profit.77% extended to the upstream and downstream of the industrial chain through mergers and acquisitions, and the goodwill is nearly three times the net profit. In April 2018, Shenzhen Huaqiang said that it will set up a semiconductor group as its focus this year.The 2019 annual report shows that after the establishment of the semiconductor group, the company continued to pay attention to and pay attention to investment opportunities in the authorized distribution industry of electronic components and the upstream and downstream of the industrial chain, researched and investigated potential investment or merger and acquisition targets, and completed a power semiconductor chip IDM companyA small percentage of equity investment.In the process of entering the first echelon of the domestic electronic component distribution industry, Shenzhen Huaqiang also acquired many companies.Since 2015, Shenzhen Huaqiang has actively carried out extensional mergers and acquisitions.In May 2015, Shenzhen Huaqiang made a price of 10.3.4 billion shares acquired 100% equity of Xianghai Electronics. Xianghai Electronics is one of the most well-known local authorized distributors of electronic components and Murata (the world’s largest authorized distributor).In May 2017, Shenzhen Huaqiang made a price of 6.Acquired 70% of the equity of Pengyuan Electronics with 1.6 billion cash. Pengyuan Electronics is the leading authorized distributor of electronic components in the field of power electronics and new energy in the country.In July 2017, Shenzhen Huaqiang made a price of 4.Acquired 60% of the equity of Qinuo Technology for US $ 2.4 billion. Qinuo Technology is an authorized distributor of domestic electronic components such as digital TVs, set-top boxes, and green power supplies.In April 2018, Shenzhen Huaqiang made a price 2.US $ 7.2 billion acquisition of 50% equity of Xinfei ElectronicsFrontier areas such as electronics, connected vehicles, smart cities and security.As of December 31, 2019, the goodwill of Shenzhen Huaqiang was as high as 18.4.8 billion yuan, high goodwill is accompanied by the risk of goodwill impairment.23 years after going public, Shenzhen Huaqiang gradually realized a net profit of 50.8.6 billion US dollars, goodwill accounted for 36% of the gradually realized net profit.34%, 18.Goodwill of US $ 4.8 billion is nearly three times its net profit attributable to its mother in 2019.After listing, Shenzhen Huaqiang Group, a strong shareholder of Shenzhen Huaqiang Group, also took a lot of cash.After listing, Shenzhen Huaqiang accumulated a cash dividend of 12.8.5 billion, with a dividend of 25 per second.26%, the shareholding ratio is as high as 70.76% of the major shareholder Huaqiang Group took 9 points.09 billion cash.Reporter Zhang Yanbin, editor Yue Caizhou proofreading Li Ming