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Kweichow Moutai (600519)

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  • 1315.00
  • -9.30-0.70%
Not Open May 20 15:00 CST
1.65TMarket Cap19.91P/E (TTM)

Kweichow Moutai (600519) Balance Sheet

All
YOY yoy
Hide blank lines yoy
(Q1)Mar 31, 2026
(FY)Dec 31, 2025
(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
Assets
Current assets
Money funds
-6.54%48.79B
-12.83%51.69B
-13.87%51.75B
-9.14%51.64B
-29.65%52.2B
-14.15%59.3B
-14.94%60.08B
-19.40%56.84B
2.41%74.2B
18.53%69.07B
Transactional financial assets
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----
----
----
----
-37.98%248.51M
-94.28%200.79M
1,815.05%3.83B
--3.81B
--400.71M
Notes receivable and accounts receivable
-98.49%32.34M
-99.87%2.61M
351.62%5.24B
756.72%2.85B
902.16%2.14B
2,596.09%2B
783.42%1.16B
922.68%333.1M
266.04%213.8M
-41.21%74.31M
-Notes receivable
----
----
353.38%5.21B
748.79%2.82B
1,412.27%2.13B
14,142.05%1.98B
--1.15B
--331.74M
--140.68M
-86.79%13.93M
-Accounts receivable
112.80%32.34M
-86.25%2.61M
152.00%25.53M
2,694.15%37.96M
-79.21%15.2M
-68.57%18.97M
-92.28%10.13M
-95.83%1.36M
25.19%73.12M
188.36%60.37M
Other receivables (including interest and dividends)
27.88%60.64M
21.12%36.28M
12.43%71.07M
-6.84%49.93M
80.31%47.42M
8.92%29.96M
-1.55%63.22M
-11.22%53.6M
-20.59%26.3M
-13.57%27.5M
-Other receivable
----
----
----
-6.84%49.93M
----
8.92%29.96M
----
-11.22%53.6M
----
-13.57%27.5M
Advance payment
-34.58%28.05M
-75.39%6.64M
-49.16%21.23M
-11.53%21.5M
4.07%42.88M
-22.00%26.98M
-62.25%41.75M
-76.26%24.31M
-56.40%41.2M
-96.15%34.59M
Inventories
10.76%60.69B
13.04%61.43B
15.83%55.86B
15.08%54.97B
16.96%54.8B
17.03%54.34B
17.65%48.22B
16.88%47.77B
16.98%46.85B
19.60%46.44B
Receivable financing
--3.53B
--4.46B
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----
----
----
----
----
----
----
Non-current assets due within one year
5.20%1.8B
2,118.99%26.87B
2,940.46%4.69B
369.74%718.09M
--1.71B
--1.21B
--154.14M
--152.87M
----
----
Other current assets
265.85%192.74M
-68.14%51.03M
169.61%53.25M
31.97%73.75M
-13.72%52.68M
124.32%160.18M
-54.29%19.75M
14.38%55.89M
-23.57%61.06M
-55.61%71.4M
Total current assets
1.88%271.52B
0.31%252.52B
7.62%256.59B
5.69%245.48B
12.27%266.51B
11.79%251.73B
9.13%238.42B
14.39%232.26B
8.79%237.38B
3.95%225.17B
Non Current assets
Debt investment
9.38%1.1B
-26.54%1.11B
-68.70%1.01B
-68.68%1B
-81.22%1B
-71.54%1.52B
129.59%3.23B
129.72%3.21B
285.33%5.34B
1,298.27%5.32B
Other debt investment
--2.39B
--3.5B
--496.8M
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----
----
----
----
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Other non-current financial assets
1.80%4.1B
1.89%4.11B
0.60%4.04B
0.58%4.03B
0.63%4.03B
0.66%4.03B
0.28%4.01B
--4.01B
--4B
--4B
Investment real estate
-57.42%3.15M
-59.24%3.11M
-12.91%3.82M
58.61%7.22M
86.64%7.39M
84.25%7.63M
-1.22%4.38M
1.04%4.55M
-13.43%3.96M
-22.43%4.14M
Long-term equity investment
--147.27M
--147.18M
----
----
----
----
----
----
----
----
Fixed assets
----
----
----
9.71%21.76B
----
9.86%21.87B
----
3.06%19.83B
----
0.84%19.91B
Constru in process
----
----
----
7.88%2.76B
----
0.57%2.15B
----
-4.41%2.56B
----
-3.21%2.14B
Intangible assets
-1.95%8.61B
-1.86%8.69B
-0.23%8.65B
-0.02%8.72B
3.10%8.78B
3.24%8.85B
2.75%8.67B
4.03%8.72B
1.05%8.52B
21.02%8.57B
Development expenditure
29.32%133.68M
18.76%117.01M
3.25%166M
-12.15%143.18M
-53.53%103.37M
-54.81%98.52M
-38.60%160.77M
-40.18%162.99M
2.58%222.43M
14.42%218.02M
Long deferred expense
-11.19%130.37M
-11.03%135.32M
-11.12%137.29M
-10.37%141.58M
-6.96%146.79M
-4.97%152.11M
9.16%154.46M
9.91%157.96M
8.01%157.77M
9.29%160.06M
Deferred tax assets
10.20%5.69B
19.61%6.6B
-1.63%5.81B
13.66%5.65B
15.27%5.16B
18.81%5.52B
21.65%5.91B
21.46%4.97B
28.90%4.48B
29.23%4.65B
Usufruct assets
-11.73%230.87M
-46.00%221.74M
-25.31%228.66M
-22.59%240.68M
-17.16%261.54M
30.68%410.59M
-3.63%306.14M
-7.36%310.92M
-18.23%315.72M
-21.95%314.21M
Other non current assets
-28.20%144.66M
-24.49%175.47M
-15.37%181.02M
-6.65%187.4M
30.81%201.46M
112.11%232.4M
--213.89M
--200.75M
--154.01M
--109.56M
Total non current assets
5.52%48.39B
8.68%51.32B
-0.41%48.15B
-0.36%46.78B
-4.75%45.86B
-0.65%47.22B
10.89%48.35B
21.72%46.95B
19.80%48.15B
25.44%47.53B
Total assets
2.42%319.92B
1.64%303.83B
6.27%304.74B
4.67%292.26B
9.40%312.37B
9.62%298.94B
9.42%286.77B
15.56%279.21B
10.50%285.52B
7.15%272.7B
Liabilities
Current liabilities
Notes payable and accounts payable
-1.95%3.67B
14.01%4.01B
6.41%2.82B
-10.31%2.95B
-6.92%3.74B
13.64%3.51B
23.21%2.65B
66.03%3.29B
52.37%4.02B
28.43%3.09B
-Accounts payable
-1.95%3.67B
14.01%4.01B
6.41%2.82B
-10.31%2.95B
-6.92%3.74B
13.64%3.51B
23.21%2.65B
66.03%3.29B
52.37%4.02B
28.43%3.09B
Contract liabilities
-65.55%3.03B
-16.53%8.01B
-21.97%7.75B
-44.89%5.51B
-7.72%8.79B
-32.09%9.59B
-12.85%9.93B
36.25%9.99B
14.33%9.52B
-8.70%14.13B
Salaries payable
-9.62%720.26M
-5.17%5.52B
5.59%471.95M
-1.28%426.68M
4.27%796.91M
7.82%5.82B
4.47%446.95M
16.41%432.2M
71.78%764.26M
12.96%5.4B
Taxs payable
-4.83%7.3B
-0.27%7.7B
7.84%6.84B
7.28%6.23B
9.32%7.67B
11.05%7.72B
7.30%6.34B
-6.12%5.81B
2.23%7.02B
0.77%6.95B
Other payable (including interest and dividends)
-0.65%6.59B
-2.41%5.3B
-4.59%5.37B
-1.76%6.33B
16.02%6.63B
4.14%5.43B
-2.27%5.63B
10.91%6.44B
35.57%5.72B
14.73%5.21B
-Dividend payable
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----
----
----
----
----
-34.28%57M
----
----
----
-Other payable
----
----
----
-1.76%6.33B
----
4.14%5.43B
----
20.86%6.44B
----
14.73%5.21B
Non current liabilities due within one year
22.13%53.31M
-60.51%44.21M
19.87%57.45M
-8.24%55.44M
-22.23%43.65M
96.22%111.95M
-23.15%47.93M
-13.00%60.41M
-37.78%56.13M
-47.82%57.05M
Other current liabilities
-65.42%376.77M
-18.63%994.96M
-21.10%974.59M
-43.07%705.74M
-4.88%1.09B
-32.91%1.22B
-13.38%1.24B
36.67%1.24B
16.84%1.15B
-7.92%1.82B
Total current liabilities
-12.34%38.46B
-12.22%49.61B
0.10%38.76B
-15.68%42.84B
19.78%43.87B
16.05%56.52B
5.62%38.72B
58.99%50.81B
16.54%36.63B
-0.75%48.7B
Current liabilities
Deferred tax liabilities
19.04%79.22M
-26.85%75.61M
-13.57%64.66M
-15.36%66.15M
-17.67%66.56M
30.94%103.37M
-6.99%74.82M
-6.85%78.16M
-50.29%80.84M
-51.46%78.94M
Long term deferred income
--59.03M
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----
----
----
----
----
----
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Lease liabilities
-21.73%189.11M
-39.63%189.5M
-27.74%205.12M
-23.15%213.19M
-13.79%241.63M
17.73%313.91M
-9.39%283.85M
-12.64%277.41M
-16.58%280.27M
-20.28%266.64M
Total non current liabilities
6.22%327.36M
-36.47%265.11M
-24.78%269.78M
-21.44%279.35M
-14.65%308.18M
20.75%417.27M
-8.90%358.67M
-11.43%355.57M
-27.58%361.1M
-30.48%345.58M
Total liabilities
-12.21%38.78B
-12.40%49.88B
-0.13%39.03B
-15.72%43.12B
19.44%44.18B
16.09%56.93B
5.46%39.08B
58.12%51.16B
15.85%36.99B
-1.05%49.04B
Shareholders equity
Paid-in capital
-0.31%1.25B
-0.31%1.25B
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
0.00%1.26B
Capital reserve funds
-99.89%1.58M
-99.89%1.58M
0.00%1.37B
0.00%1.37B
0.00%1.37B
0.00%1.37B
0.00%1.37B
0.00%1.37B
0.00%1.37B
0.00%1.37B
Surplus reserve funds
8.38%50.54B
8.38%50.54B
17.96%48.5B
17.96%48.5B
19.58%46.64B
19.58%46.64B
20.95%41.12B
20.95%41.12B
19.92%39B
19.92%39B
Retained profit
4.54%219.15B
4.99%191.91B
9.32%210.88B
10.29%191.65B
6.39%209.63B
5.67%182.79B
7.09%192.9B
6.46%173.77B
8.23%197.05B
7.26%172.98B
Less:Treasury stock
-30.44%1.11B
--120.11M
--6B
--5.2B
--1.6B
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Other composite income
100.14%9.3K
41.72%-5.78M
83.43%-1.06M
109.41%778.67K
18.18%-6.64M
-63.59%-9.92M
29.79%-6.37M
-43.17%-8.27M
18.98%-8.11M
43.75%-6.06M
Ordinary risk reserve funds
0.00%1.06B
0.00%1.06B
0.00%1.06B
0.00%1.06B
0.00%1.06B
0.00%1.06B
0.00%1.06B
0.00%1.06B
0.00%1.06B
0.00%1.06B
Shareholders equity without minority interests
4.85%270.89B
4.95%244.64B
8.14%257.07B
9.18%238.65B
7.77%258.36B
8.09%233.11B
9.14%237.71B
8.79%218.58B
9.83%239.73B
9.21%215.67B
Minority interests
4.16%10.24B
4.67%9.32B
-13.47%8.64B
10.77%10.49B
11.67%9.83B
11.49%8.91B
38.40%9.98B
13.66%9.47B
7.54%8.8B
7.10%7.99B
Total shareholder equity
4.83%281.14B
4.94%253.96B
7.27%265.71B
9.25%249.14B
7.91%268.19B
8.21%242.01B
10.07%247.69B
8.98%228.04B
9.75%248.54B
9.13%223.66B
Total liabilityies and equity
2.42%319.92B
1.64%303.83B
6.27%304.74B
4.67%292.26B
9.40%312.37B
9.62%298.94B
9.42%286.77B
15.56%279.21B
10.50%285.52B
7.15%272.7B
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
--
--
--
Unqualified opinion
--
--
--
Unqualified opinion
Auditor
--
Tianjian Certified Public Accountants (Special General Partnership)
--
--
--
Tianjian Certified Public Accountants (Special General Partnership)
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--
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Tianzhi International Certified Public Accountants (Special General Partnership)
(Q1)Mar 31, 2026(FY)Dec 31, 2025(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
Assets
Current assets
Money funds -6.54%48.79B-12.83%51.69B-13.87%51.75B-9.14%51.64B-29.65%52.2B-14.15%59.3B-14.94%60.08B-19.40%56.84B2.41%74.2B18.53%69.07B
Transactional financial assets ---------------------37.98%248.51M-94.28%200.79M1,815.05%3.83B--3.81B--400.71M
Notes receivable and accounts receivable -98.49%32.34M-99.87%2.61M351.62%5.24B756.72%2.85B902.16%2.14B2,596.09%2B783.42%1.16B922.68%333.1M266.04%213.8M-41.21%74.31M
-Notes receivable --------353.38%5.21B748.79%2.82B1,412.27%2.13B14,142.05%1.98B--1.15B--331.74M--140.68M-86.79%13.93M
-Accounts receivable 112.80%32.34M-86.25%2.61M152.00%25.53M2,694.15%37.96M-79.21%15.2M-68.57%18.97M-92.28%10.13M-95.83%1.36M25.19%73.12M188.36%60.37M
Other receivables (including interest and dividends) 27.88%60.64M21.12%36.28M12.43%71.07M-6.84%49.93M80.31%47.42M8.92%29.96M-1.55%63.22M-11.22%53.6M-20.59%26.3M-13.57%27.5M
-Other receivable -------------6.84%49.93M----8.92%29.96M-----11.22%53.6M-----13.57%27.5M
Advance payment -34.58%28.05M-75.39%6.64M-49.16%21.23M-11.53%21.5M4.07%42.88M-22.00%26.98M-62.25%41.75M-76.26%24.31M-56.40%41.2M-96.15%34.59M
Inventories 10.76%60.69B13.04%61.43B15.83%55.86B15.08%54.97B16.96%54.8B17.03%54.34B17.65%48.22B16.88%47.77B16.98%46.85B19.60%46.44B
Receivable financing --3.53B--4.46B--------------------------------
Non-current assets due within one year 5.20%1.8B2,118.99%26.87B2,940.46%4.69B369.74%718.09M--1.71B--1.21B--154.14M--152.87M--------
Other current assets 265.85%192.74M-68.14%51.03M169.61%53.25M31.97%73.75M-13.72%52.68M124.32%160.18M-54.29%19.75M14.38%55.89M-23.57%61.06M-55.61%71.4M
Total current assets 1.88%271.52B0.31%252.52B7.62%256.59B5.69%245.48B12.27%266.51B11.79%251.73B9.13%238.42B14.39%232.26B8.79%237.38B3.95%225.17B
Non Current assets
Debt investment 9.38%1.1B-26.54%1.11B-68.70%1.01B-68.68%1B-81.22%1B-71.54%1.52B129.59%3.23B129.72%3.21B285.33%5.34B1,298.27%5.32B
Other debt investment --2.39B--3.5B--496.8M----------------------------
Other non-current financial assets 1.80%4.1B1.89%4.11B0.60%4.04B0.58%4.03B0.63%4.03B0.66%4.03B0.28%4.01B--4.01B--4B--4B
Investment real estate -57.42%3.15M-59.24%3.11M-12.91%3.82M58.61%7.22M86.64%7.39M84.25%7.63M-1.22%4.38M1.04%4.55M-13.43%3.96M-22.43%4.14M
Long-term equity investment --147.27M--147.18M--------------------------------
Fixed assets ------------9.71%21.76B----9.86%21.87B----3.06%19.83B----0.84%19.91B
Constru in process ------------7.88%2.76B----0.57%2.15B-----4.41%2.56B-----3.21%2.14B
Intangible assets -1.95%8.61B-1.86%8.69B-0.23%8.65B-0.02%8.72B3.10%8.78B3.24%8.85B2.75%8.67B4.03%8.72B1.05%8.52B21.02%8.57B
Development expenditure 29.32%133.68M18.76%117.01M3.25%166M-12.15%143.18M-53.53%103.37M-54.81%98.52M-38.60%160.77M-40.18%162.99M2.58%222.43M14.42%218.02M
Long deferred expense -11.19%130.37M-11.03%135.32M-11.12%137.29M-10.37%141.58M-6.96%146.79M-4.97%152.11M9.16%154.46M9.91%157.96M8.01%157.77M9.29%160.06M
Deferred tax assets 10.20%5.69B19.61%6.6B-1.63%5.81B13.66%5.65B15.27%5.16B18.81%5.52B21.65%5.91B21.46%4.97B28.90%4.48B29.23%4.65B
Usufruct assets -11.73%230.87M-46.00%221.74M-25.31%228.66M-22.59%240.68M-17.16%261.54M30.68%410.59M-3.63%306.14M-7.36%310.92M-18.23%315.72M-21.95%314.21M
Other non current assets -28.20%144.66M-24.49%175.47M-15.37%181.02M-6.65%187.4M30.81%201.46M112.11%232.4M--213.89M--200.75M--154.01M--109.56M
Total non current assets 5.52%48.39B8.68%51.32B-0.41%48.15B-0.36%46.78B-4.75%45.86B-0.65%47.22B10.89%48.35B21.72%46.95B19.80%48.15B25.44%47.53B
Total assets 2.42%319.92B1.64%303.83B6.27%304.74B4.67%292.26B9.40%312.37B9.62%298.94B9.42%286.77B15.56%279.21B10.50%285.52B7.15%272.7B
Liabilities
Current liabilities
Notes payable and accounts payable -1.95%3.67B14.01%4.01B6.41%2.82B-10.31%2.95B-6.92%3.74B13.64%3.51B23.21%2.65B66.03%3.29B52.37%4.02B28.43%3.09B
-Accounts payable -1.95%3.67B14.01%4.01B6.41%2.82B-10.31%2.95B-6.92%3.74B13.64%3.51B23.21%2.65B66.03%3.29B52.37%4.02B28.43%3.09B
Contract liabilities -65.55%3.03B-16.53%8.01B-21.97%7.75B-44.89%5.51B-7.72%8.79B-32.09%9.59B-12.85%9.93B36.25%9.99B14.33%9.52B-8.70%14.13B
Salaries payable -9.62%720.26M-5.17%5.52B5.59%471.95M-1.28%426.68M4.27%796.91M7.82%5.82B4.47%446.95M16.41%432.2M71.78%764.26M12.96%5.4B
Taxs payable -4.83%7.3B-0.27%7.7B7.84%6.84B7.28%6.23B9.32%7.67B11.05%7.72B7.30%6.34B-6.12%5.81B2.23%7.02B0.77%6.95B
Other payable (including interest and dividends) -0.65%6.59B-2.41%5.3B-4.59%5.37B-1.76%6.33B16.02%6.63B4.14%5.43B-2.27%5.63B10.91%6.44B35.57%5.72B14.73%5.21B
-Dividend payable -------------------------34.28%57M------------
-Other payable -------------1.76%6.33B----4.14%5.43B----20.86%6.44B----14.73%5.21B
Non current liabilities due within one year 22.13%53.31M-60.51%44.21M19.87%57.45M-8.24%55.44M-22.23%43.65M96.22%111.95M-23.15%47.93M-13.00%60.41M-37.78%56.13M-47.82%57.05M
Other current liabilities -65.42%376.77M-18.63%994.96M-21.10%974.59M-43.07%705.74M-4.88%1.09B-32.91%1.22B-13.38%1.24B36.67%1.24B16.84%1.15B-7.92%1.82B
Total current liabilities -12.34%38.46B-12.22%49.61B0.10%38.76B-15.68%42.84B19.78%43.87B16.05%56.52B5.62%38.72B58.99%50.81B16.54%36.63B-0.75%48.7B
Current liabilities
Deferred tax liabilities 19.04%79.22M-26.85%75.61M-13.57%64.66M-15.36%66.15M-17.67%66.56M30.94%103.37M-6.99%74.82M-6.85%78.16M-50.29%80.84M-51.46%78.94M
Long term deferred income --59.03M------------------------------------
Lease liabilities -21.73%189.11M-39.63%189.5M-27.74%205.12M-23.15%213.19M-13.79%241.63M17.73%313.91M-9.39%283.85M-12.64%277.41M-16.58%280.27M-20.28%266.64M
Total non current liabilities 6.22%327.36M-36.47%265.11M-24.78%269.78M-21.44%279.35M-14.65%308.18M20.75%417.27M-8.90%358.67M-11.43%355.57M-27.58%361.1M-30.48%345.58M
Total liabilities -12.21%38.78B-12.40%49.88B-0.13%39.03B-15.72%43.12B19.44%44.18B16.09%56.93B5.46%39.08B58.12%51.16B15.85%36.99B-1.05%49.04B
Shareholders equity
Paid-in capital -0.31%1.25B-0.31%1.25B0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B0.00%1.26B
Capital reserve funds -99.89%1.58M-99.89%1.58M0.00%1.37B0.00%1.37B0.00%1.37B0.00%1.37B0.00%1.37B0.00%1.37B0.00%1.37B0.00%1.37B
Surplus reserve funds 8.38%50.54B8.38%50.54B17.96%48.5B17.96%48.5B19.58%46.64B19.58%46.64B20.95%41.12B20.95%41.12B19.92%39B19.92%39B
Retained profit 4.54%219.15B4.99%191.91B9.32%210.88B10.29%191.65B6.39%209.63B5.67%182.79B7.09%192.9B6.46%173.77B8.23%197.05B7.26%172.98B
Less:Treasury stock -30.44%1.11B--120.11M--6B--5.2B--1.6B--------------------
Other composite income 100.14%9.3K41.72%-5.78M83.43%-1.06M109.41%778.67K18.18%-6.64M-63.59%-9.92M29.79%-6.37M-43.17%-8.27M18.98%-8.11M43.75%-6.06M
Ordinary risk reserve funds 0.00%1.06B0.00%1.06B0.00%1.06B0.00%1.06B0.00%1.06B0.00%1.06B0.00%1.06B0.00%1.06B0.00%1.06B0.00%1.06B
Shareholders equity without minority interests 4.85%270.89B4.95%244.64B8.14%257.07B9.18%238.65B7.77%258.36B8.09%233.11B9.14%237.71B8.79%218.58B9.83%239.73B9.21%215.67B
Minority interests 4.16%10.24B4.67%9.32B-13.47%8.64B10.77%10.49B11.67%9.83B11.49%8.91B38.40%9.98B13.66%9.47B7.54%8.8B7.10%7.99B
Total shareholder equity 4.83%281.14B4.94%253.96B7.27%265.71B9.25%249.14B7.91%268.19B8.21%242.01B10.07%247.69B8.98%228.04B9.75%248.54B9.13%223.66B
Total liabilityies and equity 2.42%319.92B1.64%303.83B6.27%304.74B4.67%292.26B9.40%312.37B9.62%298.94B9.42%286.77B15.56%279.21B10.50%285.52B7.15%272.7B
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------Unqualified opinion------Unqualified opinion
Auditor --Tianjian Certified Public Accountants (Special General Partnership)------Tianjian Certified Public Accountants (Special General Partnership)------Tianzhi International 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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