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Hunan Airbluer Environmental Protection Technology (301259)

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  • 34.90
  • +0.56+1.63%
Market Closed Jan 23 15:00 CST
5.44BMarket Cap-1163.33P/E (TTM)

Hunan Airbluer Environmental Protection Technology (301259) Balance Sheet

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YOY yoy
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(Q9)Sep 30, 2025
(Q6)Jun 30, 2025
(Q1)Mar 31, 2025
(FY)Dec 31, 2024
(Q9)Sep 30, 2024
(Q6)Jun 30, 2024
(Q1)Mar 31, 2024
(FY)Dec 31, 2023
(Q9)Sep 30, 2023
(Q6)Jun 30, 2023
Assets
Current assets
Money funds
-58.55%61.37M
36.53%105.32M
229.71%170.35M
156.68%171.54M
67.18%148.06M
-20.13%77.14M
-51.83%51.67M
-54.15%66.83M
-27.69%88.56M
-54.92%96.59M
Transactional financial assets
330.42%190.25M
233.19%223.72M
69.47%182.52M
-19.77%102.56M
2.53%44.2M
55.88%67.15M
150.00%107.7M
196.68%127.83M
-85.37%43.11M
-82.38%43.08M
Notes receivable and accounts receivable
-33.33%195.8M
-30.70%213.11M
-1.53%239.09M
1.34%261.58M
-2.91%293.71M
5.64%307.54M
-14.84%242.8M
-19.17%258.13M
-11.47%302.53M
-20.40%291.11M
-Notes receivable
--267.12K
36.03%396.86K
-36.59%697.5K
-29.75%667.41K
--0
-41.65%291.75K
120.00%1.1M
--950K
--2.5M
--500K
-Accounts receivable
-33.43%195.54M
-30.77%212.71M
-1.37%238.39M
1.45%260.91M
-2.11%293.71M
5.72%307.25M
-15.08%241.7M
-19.47%257.18M
-12.20%300.03M
-20.54%290.61M
Other receivables (including interest and dividends)
-32.81%9.85M
-55.41%11.82M
19.64%15.54M
197.36%34.49M
-37.73%14.66M
-11.42%26.52M
-58.01%12.99M
-71.81%11.6M
-47.38%23.55M
0.24%29.93M
-Other receivable
----
-55.41%11.82M
----
----
----
-11.42%26.52M
----
-71.81%11.6M
----
0.24%29.93M
Contractual assets
24.51%77.51M
68.97%94.33M
-47.78%64M
-58.89%60.07M
-64.80%62.25M
-79.24%55.82M
-55.75%122.57M
-47.09%146.12M
-28.00%176.84M
33.23%268.89M
Advance payment
7.69%18.39M
58.44%18.57M
332.38%17.27M
85.43%4.24M
-20.60%17.08M
71.36%11.72M
-46.09%3.99M
-52.81%2.29M
654.67%21.51M
151.68%6.84M
Inventories
-67.44%10.58M
-82.92%10.52M
-37.85%12.46M
-69.50%5.18M
344.53%32.51M
911.48%61.56M
306.87%20.05M
264.38%16.98M
62.03%7.31M
-27.93%6.09M
Receivable financing
--0
--0
--2.56M
--2.42M
----
----
----
----
----
----
Non-current assets due within one year
-53.33%73.29M
-42.51%71.22M
5,097.70%137.42M
5,561.56%147.22M
1,152.19%157.03M
913.83%123.89M
19.26%2.64M
18.17%2.6M
484.21%12.54M
481.28%12.22M
Other current assets
85.09%26.16M
158.39%27.77M
134.65%16.75M
151.19%16.4M
72.36%14.13M
-4.30%10.75M
-31.06%7.14M
-9.24%6.53M
14.26%8.2M
-5.73%11.23M
Total current assets
-15.37%663.22M
4.62%776.39M
50.11%857.96M
26.11%805.7M
14.54%783.63M
-3.12%742.08M
-25.61%571.55M
-24.34%638.9M
-35.81%684.15M
-29.16%765.98M
Non Current assets
Long-term equity investment
--324.95M
--125M
--125M
--125M
----
----
----
----
----
----
Long term receivable account
-0.14%376.18M
-1.14%373.89M
110.46%375.14M
110.13%375.98M
108.55%376.7M
122.71%378.22M
4.62%178.24M
4.70%178.93M
20.56%180.63M
12.93%169.82M
Fixed assets
----
159.90%151.55M
----
----
----
40.04%58.31M
----
41.07%58.81M
----
61.75%41.64M
Constru in process
----
4.11%1.41M
----
----
----
-88.13%1.35M
----
-80.47%1.22M
----
-9.22%11.38M
Intangible assets
229.36%38.05M
241.95%39.73M
254.59%41.43M
267.09%43.14M
-2.24%11.55M
-2.23%11.62M
-1.67%11.69M
-2.39%11.75M
-2.37%11.82M
-2.36%11.88M
Goodwill
--0
--0
--0
--0
--0
--0
----
--0
0.00%1.79M
0.00%1.79M
Long deferred expense
-39.61%4.39M
-15.11%4.63M
-11.15%4.92M
-12.28%5.06M
22.81%7.26M
-10.98%5.45M
-9.90%5.54M
-9.09%5.77M
73.77%5.92M
--6.12M
Deferred tax assets
22.52%40.39M
22.79%40.06M
29.52%35.91M
29.72%34.33M
50.54%32.96M
57.87%32.63M
97.95%27.73M
32.92%26.47M
95.96%21.9M
97.30%20.67M
Usufruct assets
-5.75%24.74M
-19.72%26.29M
-9.69%28.05M
-45.03%17.62M
-20.59%26.24M
-3.82%32.74M
-11.34%31.06M
-11.02%32.06M
-6.89%33.05M
--34.04M
Other non current assets
-91.02%15M
-68.97%55.69M
-82.74%87.09M
-82.39%86.38M
-64.45%167.1M
-58.58%179.47M
13.60%504.74M
18.01%490.42M
284.15%470.01M
1,022.34%433.27M
Total non current assets
35.35%970.67M
16.93%818.24M
4.83%857.07M
5.97%853.53M
-8.77%717.17M
-4.22%699.79M
11.11%817.62M
13.36%805.41M
108.39%786.14M
190.28%730.61M
Total assets
8.87%1.63B
10.59%1.59B
23.46%1.72B
14.88%1.66B
2.08%1.5B
-3.66%1.44B
-7.64%1.39B
-7.11%1.44B
1.88%1.47B
12.27%1.5B
Liabilities
Current liabilities
Short term loan
--0
--0
--12.67M
--12.67M
--10M
--0
----
--0
----
--0
Notes payable and accounts payable
-3.42%289.7M
10.31%306.07M
40.09%377.95M
25.27%414.22M
-10.15%299.98M
-29.60%277.47M
-32.68%269.78M
-22.57%330.66M
-9.60%333.87M
24.51%394.16M
-Notes payable
119.55%26.84M
129.60%21.7M
238.58%39.19M
36.65%37.36M
-70.22%12.22M
-87.69%9.45M
-87.10%11.58M
-43.57%27.34M
85.16%41.05M
2,244.06%76.79M
-Accounts payable
-8.65%262.87M
6.10%284.37M
31.20%338.75M
24.24%376.86M
-1.73%287.75M
-15.55%268.02M
-16.99%258.21M
-19.88%303.32M
-15.65%292.83M
1.30%317.36M
Contract liabilities
-64.98%10.6M
-54.09%18.03M
144.89%16.92M
310.26%17.4M
1,571.86%30.27M
2,587.86%39.28M
302.80%6.91M
261.90%4.24M
30.71%1.81M
12.07%1.46M
Salaries payable
12.01%2.62M
13.38%2.51M
37.05%2.77M
-43.72%3.14M
2.67%2.34M
-0.79%2.22M
-11.70%2.02M
-23.54%5.57M
-16.77%2.28M
-13.62%2.23M
Taxs payable
-65.67%300.8K
-70.65%197.18K
138.54%696.78K
1,169.87%2.27M
1,026.89%876.22K
1,930.80%671.91K
-96.81%292.11K
-98.64%179.08K
-99.23%77.76K
-99.37%33.09K
Other payable (including interest and dividends)
-64.62%3.18M
12.75%8.79M
12.31%8.79M
58.28%14.28M
380.17%8.97M
276.29%7.8M
208.04%7.82M
75.55%9.02M
-95.03%1.87M
26.39%2.07M
-Other payable
----
12.75%8.79M
----
----
----
276.29%7.8M
----
75.55%9.02M
----
26.39%2.07M
Non current liabilities due within one year
113.56%45.83M
201.62%43.18M
210.63%44.02M
69.22%23.88M
72.51%21.46M
21.35%14.32M
28.87%14.17M
33.86%14.11M
33.91%12.44M
96.62%11.8M
Other current liabilities
-5.61%41.91M
-6.57%43.23M
-12.25%40.62M
-18.70%44.11M
-27.63%44.41M
-21.59%46.28M
-23.40%46.29M
-8.85%54.25M
60.60%61.36M
28.60%59.02M
Total current liabilities
-5.78%394.15M
8.76%422.03M
45.25%504.42M
27.25%531.97M
1.11%418.3M
-17.57%388.03M
-28.82%347.28M
-23.14%418.04M
-11.71%413.71M
24.13%470.77M
Current liabilities
Long term loan
31.15%275.93M
56.79%263.1M
113.64%282M
93.90%217.17M
79.96%210.4M
116.50%167.8M
115.69%132M
83.01%112M
88.58%116.92M
25.01%77.51M
Deferred tax liabilities
0.24%5.46M
-2.97%6.11M
-3.52%7.12M
-41.25%4.14M
-22.62%5.45M
-4.68%6.3M
411.50%7.38M
7.09%7.06M
--7.04M
--6.6M
Long term deferred income
--0
--0
--0
--0
-56.14%50K
-95.51%50K
-89.77%114K
-89.77%114K
-89.14%114K
6.10%1.11M
Lease liabilities
-11.44%21.1M
-30.26%21.22M
-22.87%22.42M
-50.51%14.83M
-22.95%23.83M
-3.96%30.42M
-10.29%29.07M
-9.46%29.96M
-4.10%30.93M
--31.67M
Total non current liabilities
26.18%302.5M
41.97%290.42M
84.82%311.54M
58.35%236.14M
54.66%239.73M
75.00%204.57M
75.29%168.57M
46.22%149.13M
62.65%155M
85.40%116.9M
Total liabilities
5.87%696.64M
20.22%712.45M
58.18%815.97M
35.43%768.11M
15.70%658.03M
0.84%592.6M
-11.68%515.85M
-12.18%567.17M
0.86%568.72M
32.86%587.67M
Shareholders equity
Paid-in capital
0.00%156M
0.00%156M
0.00%156M
0.00%156M
0.00%156M
0.00%156M
30.00%156M
30.00%156M
30.00%156M
30.00%156M
Capital reserve funds
-0.00%437.66M
0.00%437.66M
0.00%437.66M
0.00%437.66M
-0.67%437.66M
-0.67%437.66M
-8.17%437.66M
-8.17%437.66M
-7.55%440.6M
-7.55%440.6M
Surplus reserve funds
0.00%34.92M
0.00%34.92M
1.85%35.57M
0.00%34.92M
0.60%34.92M
-0.32%34.92M
-2.73%34.92M
0.00%34.92M
8.11%34.72M
17.17%35.04M
Retained profit
-2.37%193.91M
-6.13%192.4M
-8.34%209.17M
-13.29%201.31M
-22.73%198.62M
-21.95%204.97M
-16.40%228.21M
-11.83%232.15M
8.42%257.03M
4.32%262.63M
Specific reserves
7.39%4.9M
7.69%4.98M
-17.31%4.37M
-12.68%4.58M
-14.64%4.57M
-30.31%4.62M
-15.97%5.28M
-11.92%5.24M
5.60%5.35M
60.00%6.63M
Shareholders equity without minority interests
-0.53%827.4M
-1.46%825.96M
-2.24%842.77M
-3.64%834.47M
-6.93%831.77M
-6.96%838.18M
-5.45%862.08M
-3.86%865.98M
2.62%893.7M
2.10%900.89M
Minority interests
897.95%109.84M
406.79%56.21M
400.76%56.3M
407.01%56.65M
39.72%11.01M
38.10%11.09M
35.03%11.24M
34.99%11.17M
-5.85%7.88M
-3.54%8.03M
Total shareholder equity
11.21%937.24M
3.87%882.17M
2.95%899.07M
1.59%891.12M
-6.52%842.78M
-6.56%849.27M
-5.08%873.32M
-3.51%877.15M
2.54%901.58M
2.04%908.93M
Total liabilityies and equity
8.87%1.63B
10.59%1.59B
23.46%1.72B
14.88%1.66B
2.08%1.5B
-3.66%1.44B
-7.64%1.39B
-7.11%1.44B
1.88%1.47B
12.27%1.5B
Currency Unit
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY
Accounting Standards
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
Audit Opinions
--
--
--
Unqualified opinion with explanatory notes
--
--
--
Unqualified opinion
--
--
Auditor
--
--
--
Zhongshen Hua Certified Public Accountants (Special General Partnership)
--
--
--
Zhongshen Hua Certified Public Accountants (Special General Partnership)
--
--
(Q9)Sep 30, 2025(Q6)Jun 30, 2025(Q1)Mar 31, 2025(FY)Dec 31, 2024(Q9)Sep 30, 2024(Q6)Jun 30, 2024(Q1)Mar 31, 2024(FY)Dec 31, 2023(Q9)Sep 30, 2023(Q6)Jun 30, 2023
Assets
Current assets
Money funds -58.55%61.37M36.53%105.32M229.71%170.35M156.68%171.54M67.18%148.06M-20.13%77.14M-51.83%51.67M-54.15%66.83M-27.69%88.56M-54.92%96.59M
Transactional financial assets 330.42%190.25M233.19%223.72M69.47%182.52M-19.77%102.56M2.53%44.2M55.88%67.15M150.00%107.7M196.68%127.83M-85.37%43.11M-82.38%43.08M
Notes receivable and accounts receivable -33.33%195.8M-30.70%213.11M-1.53%239.09M1.34%261.58M-2.91%293.71M5.64%307.54M-14.84%242.8M-19.17%258.13M-11.47%302.53M-20.40%291.11M
-Notes receivable --267.12K36.03%396.86K-36.59%697.5K-29.75%667.41K--0-41.65%291.75K120.00%1.1M--950K--2.5M--500K
-Accounts receivable -33.43%195.54M-30.77%212.71M-1.37%238.39M1.45%260.91M-2.11%293.71M5.72%307.25M-15.08%241.7M-19.47%257.18M-12.20%300.03M-20.54%290.61M
Other receivables (including interest and dividends) -32.81%9.85M-55.41%11.82M19.64%15.54M197.36%34.49M-37.73%14.66M-11.42%26.52M-58.01%12.99M-71.81%11.6M-47.38%23.55M0.24%29.93M
-Other receivable -----55.41%11.82M-------------11.42%26.52M-----71.81%11.6M----0.24%29.93M
Contractual assets 24.51%77.51M68.97%94.33M-47.78%64M-58.89%60.07M-64.80%62.25M-79.24%55.82M-55.75%122.57M-47.09%146.12M-28.00%176.84M33.23%268.89M
Advance payment 7.69%18.39M58.44%18.57M332.38%17.27M85.43%4.24M-20.60%17.08M71.36%11.72M-46.09%3.99M-52.81%2.29M654.67%21.51M151.68%6.84M
Inventories -67.44%10.58M-82.92%10.52M-37.85%12.46M-69.50%5.18M344.53%32.51M911.48%61.56M306.87%20.05M264.38%16.98M62.03%7.31M-27.93%6.09M
Receivable financing --0--0--2.56M--2.42M------------------------
Non-current assets due within one year -53.33%73.29M-42.51%71.22M5,097.70%137.42M5,561.56%147.22M1,152.19%157.03M913.83%123.89M19.26%2.64M18.17%2.6M484.21%12.54M481.28%12.22M
Other current assets 85.09%26.16M158.39%27.77M134.65%16.75M151.19%16.4M72.36%14.13M-4.30%10.75M-31.06%7.14M-9.24%6.53M14.26%8.2M-5.73%11.23M
Total current assets -15.37%663.22M4.62%776.39M50.11%857.96M26.11%805.7M14.54%783.63M-3.12%742.08M-25.61%571.55M-24.34%638.9M-35.81%684.15M-29.16%765.98M
Non Current assets
Long-term equity investment --324.95M--125M--125M--125M------------------------
Long term receivable account -0.14%376.18M-1.14%373.89M110.46%375.14M110.13%375.98M108.55%376.7M122.71%378.22M4.62%178.24M4.70%178.93M20.56%180.63M12.93%169.82M
Fixed assets ----159.90%151.55M------------40.04%58.31M----41.07%58.81M----61.75%41.64M
Constru in process ----4.11%1.41M-------------88.13%1.35M-----80.47%1.22M-----9.22%11.38M
Intangible assets 229.36%38.05M241.95%39.73M254.59%41.43M267.09%43.14M-2.24%11.55M-2.23%11.62M-1.67%11.69M-2.39%11.75M-2.37%11.82M-2.36%11.88M
Goodwill --0--0--0--0--0--0------00.00%1.79M0.00%1.79M
Long deferred expense -39.61%4.39M-15.11%4.63M-11.15%4.92M-12.28%5.06M22.81%7.26M-10.98%5.45M-9.90%5.54M-9.09%5.77M73.77%5.92M--6.12M
Deferred tax assets 22.52%40.39M22.79%40.06M29.52%35.91M29.72%34.33M50.54%32.96M57.87%32.63M97.95%27.73M32.92%26.47M95.96%21.9M97.30%20.67M
Usufruct assets -5.75%24.74M-19.72%26.29M-9.69%28.05M-45.03%17.62M-20.59%26.24M-3.82%32.74M-11.34%31.06M-11.02%32.06M-6.89%33.05M--34.04M
Other non current assets -91.02%15M-68.97%55.69M-82.74%87.09M-82.39%86.38M-64.45%167.1M-58.58%179.47M13.60%504.74M18.01%490.42M284.15%470.01M1,022.34%433.27M
Total non current assets 35.35%970.67M16.93%818.24M4.83%857.07M5.97%853.53M-8.77%717.17M-4.22%699.79M11.11%817.62M13.36%805.41M108.39%786.14M190.28%730.61M
Total assets 8.87%1.63B10.59%1.59B23.46%1.72B14.88%1.66B2.08%1.5B-3.66%1.44B-7.64%1.39B-7.11%1.44B1.88%1.47B12.27%1.5B
Liabilities
Current liabilities
Short term loan --0--0--12.67M--12.67M--10M--0------0------0
Notes payable and accounts payable -3.42%289.7M10.31%306.07M40.09%377.95M25.27%414.22M-10.15%299.98M-29.60%277.47M-32.68%269.78M-22.57%330.66M-9.60%333.87M24.51%394.16M
-Notes payable 119.55%26.84M129.60%21.7M238.58%39.19M36.65%37.36M-70.22%12.22M-87.69%9.45M-87.10%11.58M-43.57%27.34M85.16%41.05M2,244.06%76.79M
-Accounts payable -8.65%262.87M6.10%284.37M31.20%338.75M24.24%376.86M-1.73%287.75M-15.55%268.02M-16.99%258.21M-19.88%303.32M-15.65%292.83M1.30%317.36M
Contract liabilities -64.98%10.6M-54.09%18.03M144.89%16.92M310.26%17.4M1,571.86%30.27M2,587.86%39.28M302.80%6.91M261.90%4.24M30.71%1.81M12.07%1.46M
Salaries payable 12.01%2.62M13.38%2.51M37.05%2.77M-43.72%3.14M2.67%2.34M-0.79%2.22M-11.70%2.02M-23.54%5.57M-16.77%2.28M-13.62%2.23M
Taxs payable -65.67%300.8K-70.65%197.18K138.54%696.78K1,169.87%2.27M1,026.89%876.22K1,930.80%671.91K-96.81%292.11K-98.64%179.08K-99.23%77.76K-99.37%33.09K
Other payable (including interest and dividends) -64.62%3.18M12.75%8.79M12.31%8.79M58.28%14.28M380.17%8.97M276.29%7.8M208.04%7.82M75.55%9.02M-95.03%1.87M26.39%2.07M
-Other payable ----12.75%8.79M------------276.29%7.8M----75.55%9.02M----26.39%2.07M
Non current liabilities due within one year 113.56%45.83M201.62%43.18M210.63%44.02M69.22%23.88M72.51%21.46M21.35%14.32M28.87%14.17M33.86%14.11M33.91%12.44M96.62%11.8M
Other current liabilities -5.61%41.91M-6.57%43.23M-12.25%40.62M-18.70%44.11M-27.63%44.41M-21.59%46.28M-23.40%46.29M-8.85%54.25M60.60%61.36M28.60%59.02M
Total current liabilities -5.78%394.15M8.76%422.03M45.25%504.42M27.25%531.97M1.11%418.3M-17.57%388.03M-28.82%347.28M-23.14%418.04M-11.71%413.71M24.13%470.77M
Current liabilities
Long term loan 31.15%275.93M56.79%263.1M113.64%282M93.90%217.17M79.96%210.4M116.50%167.8M115.69%132M83.01%112M88.58%116.92M25.01%77.51M
Deferred tax liabilities 0.24%5.46M-2.97%6.11M-3.52%7.12M-41.25%4.14M-22.62%5.45M-4.68%6.3M411.50%7.38M7.09%7.06M--7.04M--6.6M
Long term deferred income --0--0--0--0-56.14%50K-95.51%50K-89.77%114K-89.77%114K-89.14%114K6.10%1.11M
Lease liabilities -11.44%21.1M-30.26%21.22M-22.87%22.42M-50.51%14.83M-22.95%23.83M-3.96%30.42M-10.29%29.07M-9.46%29.96M-4.10%30.93M--31.67M
Total non current liabilities 26.18%302.5M41.97%290.42M84.82%311.54M58.35%236.14M54.66%239.73M75.00%204.57M75.29%168.57M46.22%149.13M62.65%155M85.40%116.9M
Total liabilities 5.87%696.64M20.22%712.45M58.18%815.97M35.43%768.11M15.70%658.03M0.84%592.6M-11.68%515.85M-12.18%567.17M0.86%568.72M32.86%587.67M
Shareholders equity
Paid-in capital 0.00%156M0.00%156M0.00%156M0.00%156M0.00%156M0.00%156M30.00%156M30.00%156M30.00%156M30.00%156M
Capital reserve funds -0.00%437.66M0.00%437.66M0.00%437.66M0.00%437.66M-0.67%437.66M-0.67%437.66M-8.17%437.66M-8.17%437.66M-7.55%440.6M-7.55%440.6M
Surplus reserve funds 0.00%34.92M0.00%34.92M1.85%35.57M0.00%34.92M0.60%34.92M-0.32%34.92M-2.73%34.92M0.00%34.92M8.11%34.72M17.17%35.04M
Retained profit -2.37%193.91M-6.13%192.4M-8.34%209.17M-13.29%201.31M-22.73%198.62M-21.95%204.97M-16.40%228.21M-11.83%232.15M8.42%257.03M4.32%262.63M
Specific reserves 7.39%4.9M7.69%4.98M-17.31%4.37M-12.68%4.58M-14.64%4.57M-30.31%4.62M-15.97%5.28M-11.92%5.24M5.60%5.35M60.00%6.63M
Shareholders equity without minority interests -0.53%827.4M-1.46%825.96M-2.24%842.77M-3.64%834.47M-6.93%831.77M-6.96%838.18M-5.45%862.08M-3.86%865.98M2.62%893.7M2.10%900.89M
Minority interests 897.95%109.84M406.79%56.21M400.76%56.3M407.01%56.65M39.72%11.01M38.10%11.09M35.03%11.24M34.99%11.17M-5.85%7.88M-3.54%8.03M
Total shareholder equity 11.21%937.24M3.87%882.17M2.95%899.07M1.59%891.12M-6.52%842.78M-6.56%849.27M-5.08%873.32M-3.51%877.15M2.54%901.58M2.04%908.93M
Total liabilityies and equity 8.87%1.63B10.59%1.59B23.46%1.72B14.88%1.66B2.08%1.5B-3.66%1.44B-7.64%1.39B-7.11%1.44B1.88%1.47B12.27%1.5B
Currency Unit CNYCNYCNYCNYCNYCNYCNYCNYCNYCNY
Accounting Standards CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)CAS (2007)
Audit Opinions ------Unqualified opinion with explanatory notes------Unqualified opinion----
Auditor ------Zhongshen Hua Certified Public Accountants (Special General Partnership)------Zhongshen Hua Certified Public Accountants (Special General Partnership)----

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

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