CN Stock MarketDetailed Quotes

Zheshang (601878)

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9.58
-0.05-0.52%

Trading May 20 09:42 CST

43.82BMarket Cap16.81P/E (TTM)

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Zheshang (601878) Balance Sheet

All

YOY

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(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

Money funds

29.00%67.98B

46.59%61.37B

41.44%61.32B

84.13%60.15B

25.76%52.7B

6.13%41.86B

-0.90%43.36B

-30.63%32.67B

-14.04%41.9B

-8.23%39.44B

-Including:Client deposit

27.56%58.2B

51.53%51.68B

42.46%51.45B

108.65%52.14B

37.81%45.63B

9.62%34.11B

6.64%36.12B

-31.45%24.99B

-12.42%33.11B

-8.15%31.11B

Settlement provisions

167.80%22.83B

25.18%12.04B

172.17%12.9B

13.86%9.2B

43.79%8.52B

23.51%9.62B

-31.37%4.74B

11.19%8.08B

10.93%5.93B

24.99%7.79B

-Including:Client provisions

229.94%17.76B

18.56%7.53B

283.29%8.21B

6.65%6.27B

39.41%5.38B

17.53%6.35B

-56.50%2.14B

20.12%5.88B

23.75%3.86B

44.24%5.4B

Transactional financial assets

22.36%48.97B

40.13%50.48B

26.22%46.63B

46.96%50.88B

-1.84%40.02B

-14.06%36.02B

-12.62%36.94B

-13.69%34.62B

-7.67%40.77B

-4.73%41.92B

Derivative assets

66.02%652.13M

-28.17%409.78M

-47.07%659.85M

-83.30%393.89M

-80.14%392.8M

-55.40%570.46M

56.61%1.25B

120.38%2.36B

77.40%1.98B

27.81%1.28B

Bought sellback assets

30.34%7.76B

32.49%7.28B

14.04%7.96B

-20.33%5.24B

4.83%5.95B

-28.96%5.49B

10.61%6.98B

15.88%6.57B

-44.11%5.68B

23.17%7.73B

Refundable deposit

66.07%16.83B

62.05%15.02B

42.10%14.93B

6.42%10.29B

10.53%10.13B

-4.54%9.27B

-5.31%10.51B

-9.43%9.67B

-16.59%9.17B

-17.44%9.71B

Other debt investment

51.93%18.17B

42.75%17.75B

44.60%15.51B

36.87%14.19B

55.78%11.96B

52.32%12.44B

40.20%10.73B

65.18%10.37B

108.59%7.68B

894.46%8.16B

Other equity investment

169.15%8.1B

284.83%6.59B

306.83%5.23B

908.68%5.23B

105,229.56%3.01B

61,927.68%1.71B

--1.29B

--518.79M

--2.86M

--2.76M

Long term equity investment

-42.53%3.12B

-43.08%3.07B

2,180.46%3.09B

2,171.45%3.02B

4,209.09%5.43B

4,127.59%5.39B

1.49%135.33M

-0.40%132.97M

5.48%126.02M

10.23%127.43M

Fixed assets

----

6.30%892.76M

----

1.26%883.76M

----

-4.07%839.84M

----

-3.58%872.74M

Fixed assets liquidation

----

--136.18K

----

Intangible assets

115.34%530.27M

117.55%555.85M

115.48%502.28M

109.24%508.47M

-3.10%246.24M

-4.41%255.5M

6.34%233.1M

11.39%243.01M

9.94%254.13M

11.58%267.29M

Goodwill

3,336.62%682.01M

0.00%19.85M

Deferred tax assets

86.11%881.01M

65.48%802.43M

53.88%968.09M

30.41%760.57M

-27.46%473.39M

-12.81%484.9M

-21.49%629.11M

-23.92%583.2M

-9.57%652.56M

-0.85%556.13M

Financing funds

60.20%39.79B

60.85%38.96B

114.07%38.54B

58.26%29.11B

32.34%24.84B

21.52%24.22B

-7.46%18B

-4.42%18.4B

-2.13%18.77B

13.54%19.93B

Other assets

59.94%9.7B

52.78%7.83B

-9.98%8.25B

-14.91%7.78B

-28.57%6.07B

-26.36%5.13B

54.83%9.16B

60.80%9.14B

79.91%8.49B

85.24%6.96B

Total assets

44.69%248.02B

45.90%224.81B

50.59%219.05B

47.50%199.08B

19.85%171.42B

5.88%154.09B

-1.03%145.46B

-7.49%134.98B

-5.19%143.03B

6.25%145.53B

Liabilities

Short term loan

86.30%1.05B

61.17%942.66M

302.31%1.18B

137.22%834.21M

90.72%564.29M

72.74%584.89M

-24.34%292.36M

-30.79%351.67M

-39.46%295.87M

-4.06%338.59M

Borrowing capital

423.46%5.08B

209.61%5.42B

223.13%4.16B

281.56%3.82B

25.97%970M

-10.26%1.75B

5.49%1.29B

-28.06%1B

-49.31%770M

178.57%1.95B

Transactional financial liabilities

60.57%839.54M

20.22%577.7M

50.65%539.96M

466.64%484.25M

60.93%522.86M

1.80%480.55M

-52.71%358.43M

-92.50%85.46M

-69.34%324.89M

-55.37%472.06M

Contract liabilities

-71.18%59.95M

98.92%52.32M

-39.94%67.49M

-9.52%159.21M

-27.25%208.02M

-74.71%26.3M

-63.65%112.37M

-43.08%175.96M

10.85%285.95M

-35.56%104M

Derivative liabilities

66.07%777.96M

9.14%609.13M

-8.47%872.22M

-66.64%538.13M

-67.15%468.44M

-43.96%558.13M

105.46%952.93M

87.56%1.61B

36.36%1.43B

79.67%996.03M

Funds from selling out and repurchasing financial assets

3.04%29.66B

48.81%34.43B

33.23%30.78B

52.26%30.8B

27.33%28.79B

-5.91%23.14B

-1.91%23.1B

-1.76%20.23B

-3.36%22.61B

3.22%24.59B

Funds from securities trading agency

82.44%57.52B

48.02%44.34B

59.43%44.01B

92.24%39.22B

53.94%31.53B

47.68%29.96B

46.93%27.61B

-5.58%20.4B

-3.80%20.48B

-2.56%20.29B

Funds from underwriting securities agency

----

4,453.78%798.39M

--88.94M

----

4.29%17.53M

----

-83.04%40M

----

--16.81M

Salaries payable

68.52%2.21B

59.24%2.17B

129.03%2.79B

81.15%2.05B

18.38%1.31B

3.30%1.36B

-8.42%1.22B

-27.24%1.13B

-21.32%1.11B

3.56%1.32B

Taxs payable

17.22%622.59M

23.90%806.46M

240.42%896.5M

82.94%463.23M

41.33%531.12M

43.86%650.87M

-25.54%263.35M

-40.72%253.21M

-16.74%375.81M

-11.26%452.42M

Estimate liabilities

--5.04M

----

Bonds payable

81.84%44.39B

51.08%36.9B

5.88%31.43B

-0.59%27.42B

-16.31%24.41B

-11.39%24.42B

21.28%29.69B

10.86%27.58B

9.28%29.17B

27.77%27.56B

Deferred tax liabilitise

92.01%472.28M

22.63%327.65M

-5.48%330.23M

79.82%433.76M

-9.59%245.97M

248.66%267.19M

-13.45%349.37M

-33.72%241.23M

-18.83%272.05M

-64.22%76.63M

Other liabilitise

17.62%42.95B

33.38%35.26B

23.27%36.77B

20.67%36.63B

1.75%36.52B

-26.43%26.43B

-28.27%29.83B

-26.07%30.35B

-7.78%35.89B

4.05%35.93B

Total liabilities

48.49%199.61B

50.97%177.48B

48.07%172.05B

43.89%152.94B

17.66%134.43B

0.26%117.56B

-2.49%116.2B

-10.31%106.29B

-7.17%114.25B

6.93%117.26B

Shareholders equity

Paid-in capital

0.00%4.57B

17.79%4.57B

17.81%4.57B

17.94%4.57B

0.13%3.88B

0.10%3.88B

0.00%3.88B

Other equity instruments

----

-0.72%678.83M

-0.58%679.78M

-0.00%683.76M

Capital reserve funds

0.00%17.12B

62.71%17.12B

62.85%17.12B

63.46%17.12B

0.46%10.52B

0.37%10.51B

0.00%10.47B

Surplus reserve funds

16.46%1.59B

20.26%1.53B

15.55%1.47B

14.28%1.36B

14.47%1.27B

15.76%1.19B

Retained profit

13.39%10.28B

12.22%9.55B

14.54%9.55B

12.70%8.85B

9.01%9.06B

8.15%8.51B

8.11%8.33B

7.80%7.85B

8.99%8.31B

10.18%7.87B

Less:Treasury stock

0.00%405.14M

5.38%405.14M

715.50%405.14M

--405.14M

Other composite income

30.23%391.61M

-47.40%212.07M

-25.72%167.04M

211.35%459.37M

210.67%300.7M

696.19%403.2M

432.20%224.87M

277.84%147.54M

700.79%96.79M

482.86%50.64M

Ordinary risk reserve funds

14.41%4.16B

16.36%4.02B

12.17%3.88B

10.84%3.63B

11.76%3.46B

12.54%3.28B

Shareholders equity without minority interests

5.76%37.7B

4.54%36.79B

30.70%36.55B

31.19%35.94B

29.57%35.65B

30.26%35.19B

5.19%27.97B

4.66%27.4B

3.55%27.51B

3.41%27.02B

Minority interests

697.42%10.71B

691.57%10.54B

704.14%10.44B

693.29%10.2B

6.11%1.34B

6.12%1.33B

5.63%1.3B

5.72%1.29B

5.42%1.27B

6.02%1.25B

Total shareholder equity

30.86%48.4B

29.58%47.33B

60.59%46.99B

60.87%46.14B

28.54%36.99B

29.19%36.52B

5.21%29.26B

4.71%28.68B

3.63%28.78B

3.52%28.27B

Total liabilities and equity

44.69%248.02B

45.90%224.81B

50.59%219.05B

47.50%199.08B

19.85%171.42B

5.88%154.09B

-1.03%145.46B

-7.49%134.98B

-5.19%143.03B

6.25%145.53B

Currency Unit

CNY

Accounting Standards

CAS (2007)

Audit Opinions

Unqualified opinion

Auditor

Tianjian Certified Public Accountants (Special General Partnership)

Zhonghui 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
Money funds	29.00%67.98B	46.59%61.37B	41.44%61.32B	84.13%60.15B	25.76%52.7B	6.13%41.86B	-0.90%43.36B	-30.63%32.67B	-14.04%41.9B	-8.23%39.44B
-Including:Client deposit	27.56%58.2B	51.53%51.68B	42.46%51.45B	108.65%52.14B	37.81%45.63B	9.62%34.11B	6.64%36.12B	-31.45%24.99B	-12.42%33.11B	-8.15%31.11B
Settlement provisions	167.80%22.83B	25.18%12.04B	172.17%12.9B	13.86%9.2B	43.79%8.52B	23.51%9.62B	-31.37%4.74B	11.19%8.08B	10.93%5.93B	24.99%7.79B
-Including:Client provisions	229.94%17.76B	18.56%7.53B	283.29%8.21B	6.65%6.27B	39.41%5.38B	17.53%6.35B	-56.50%2.14B	20.12%5.88B	23.75%3.86B	44.24%5.4B
Transactional financial assets	22.36%48.97B	40.13%50.48B	26.22%46.63B	46.96%50.88B	-1.84%40.02B	-14.06%36.02B	-12.62%36.94B	-13.69%34.62B	-7.67%40.77B	-4.73%41.92B
Derivative assets	66.02%652.13M	-28.17%409.78M	-47.07%659.85M	-83.30%393.89M	-80.14%392.8M	-55.40%570.46M	56.61%1.25B	120.38%2.36B	77.40%1.98B	27.81%1.28B
Bought sellback assets	30.34%7.76B	32.49%7.28B	14.04%7.96B	-20.33%5.24B	4.83%5.95B	-28.96%5.49B	10.61%6.98B	15.88%6.57B	-44.11%5.68B	23.17%7.73B
Refundable deposit	66.07%16.83B	62.05%15.02B	42.10%14.93B	6.42%10.29B	10.53%10.13B	-4.54%9.27B	-5.31%10.51B	-9.43%9.67B	-16.59%9.17B	-17.44%9.71B
Other debt investment	51.93%18.17B	42.75%17.75B	44.60%15.51B	36.87%14.19B	55.78%11.96B	52.32%12.44B	40.20%10.73B	65.18%10.37B	108.59%7.68B	894.46%8.16B
Other equity investment	169.15%8.1B	284.83%6.59B	306.83%5.23B	908.68%5.23B	105,229.56%3.01B	61,927.68%1.71B	--1.29B	--518.79M	--2.86M	--2.76M
Long term equity investment	-42.53%3.12B	-43.08%3.07B	2,180.46%3.09B	2,171.45%3.02B	4,209.09%5.43B	4,127.59%5.39B	1.49%135.33M	-0.40%132.97M	5.48%126.02M	10.23%127.43M
Fixed assets	----	----	----	6.30%892.76M	----	1.26%883.76M	----	-4.07%839.84M	----	-3.58%872.74M
Fixed assets liquidation	----	----	----	----	----	----	----	--136.18K	----	----
Intangible assets	115.34%530.27M	117.55%555.85M	115.48%502.28M	109.24%508.47M	-3.10%246.24M	-4.41%255.5M	6.34%233.1M	11.39%243.01M	9.94%254.13M	11.58%267.29M
Goodwill	3,336.62%682.01M	3,336.62%682.01M	3,336.62%682.01M	3,336.62%682.01M	0.00%19.85M	0.00%19.85M	0.00%19.85M	0.00%19.85M	0.00%19.85M	0.00%19.85M
Deferred tax assets	86.11%881.01M	65.48%802.43M	53.88%968.09M	30.41%760.57M	-27.46%473.39M	-12.81%484.9M	-21.49%629.11M	-23.92%583.2M	-9.57%652.56M	-0.85%556.13M
Financing funds	60.20%39.79B	60.85%38.96B	114.07%38.54B	58.26%29.11B	32.34%24.84B	21.52%24.22B	-7.46%18B	-4.42%18.4B	-2.13%18.77B	13.54%19.93B
Other assets	59.94%9.7B	52.78%7.83B	-9.98%8.25B	-14.91%7.78B	-28.57%6.07B	-26.36%5.13B	54.83%9.16B	60.80%9.14B	79.91%8.49B	85.24%6.96B
Total assets	44.69%248.02B	45.90%224.81B	50.59%219.05B	47.50%199.08B	19.85%171.42B	5.88%154.09B	-1.03%145.46B	-7.49%134.98B	-5.19%143.03B	6.25%145.53B
Liabilities
Short term loan	86.30%1.05B	61.17%942.66M	302.31%1.18B	137.22%834.21M	90.72%564.29M	72.74%584.89M	-24.34%292.36M	-30.79%351.67M	-39.46%295.87M	-4.06%338.59M
Borrowing capital	423.46%5.08B	209.61%5.42B	223.13%4.16B	281.56%3.82B	25.97%970M	-10.26%1.75B	5.49%1.29B	-28.06%1B	-49.31%770M	178.57%1.95B
Transactional financial liabilities	60.57%839.54M	20.22%577.7M	50.65%539.96M	466.64%484.25M	60.93%522.86M	1.80%480.55M	-52.71%358.43M	-92.50%85.46M	-69.34%324.89M	-55.37%472.06M
Contract liabilities	-71.18%59.95M	98.92%52.32M	-39.94%67.49M	-9.52%159.21M	-27.25%208.02M	-74.71%26.3M	-63.65%112.37M	-43.08%175.96M	10.85%285.95M	-35.56%104M
Derivative liabilities	66.07%777.96M	9.14%609.13M	-8.47%872.22M	-66.64%538.13M	-67.15%468.44M	-43.96%558.13M	105.46%952.93M	87.56%1.61B	36.36%1.43B	79.67%996.03M
Funds from selling out and repurchasing financial assets	3.04%29.66B	48.81%34.43B	33.23%30.78B	52.26%30.8B	27.33%28.79B	-5.91%23.14B	-1.91%23.1B	-1.76%20.23B	-3.36%22.61B	3.22%24.59B
Funds from securities trading agency	82.44%57.52B	48.02%44.34B	59.43%44.01B	92.24%39.22B	53.94%31.53B	47.68%29.96B	46.93%27.61B	-5.58%20.4B	-3.80%20.48B	-2.56%20.29B
Funds from underwriting securities agency	----	4,453.78%798.39M	--88.94M	----	----	4.29%17.53M	----	-83.04%40M	----	--16.81M
Salaries payable	68.52%2.21B	59.24%2.17B	129.03%2.79B	81.15%2.05B	18.38%1.31B	3.30%1.36B	-8.42%1.22B	-27.24%1.13B	-21.32%1.11B	3.56%1.32B
Taxs payable	17.22%622.59M	23.90%806.46M	240.42%896.5M	82.94%463.23M	41.33%531.12M	43.86%650.87M	-25.54%263.35M	-40.72%253.21M	-16.74%375.81M	-11.26%452.42M
Estimate liabilities	--5.04M	--5.04M	----	----	----	----	----	----	----	----
Bonds payable	81.84%44.39B	51.08%36.9B	5.88%31.43B	-0.59%27.42B	-16.31%24.41B	-11.39%24.42B	21.28%29.69B	10.86%27.58B	9.28%29.17B	27.77%27.56B
Deferred tax liabilitise	92.01%472.28M	22.63%327.65M	-5.48%330.23M	79.82%433.76M	-9.59%245.97M	248.66%267.19M	-13.45%349.37M	-33.72%241.23M	-18.83%272.05M	-64.22%76.63M
Other liabilitise	17.62%42.95B	33.38%35.26B	23.27%36.77B	20.67%36.63B	1.75%36.52B	-26.43%26.43B	-28.27%29.83B	-26.07%30.35B	-7.78%35.89B	4.05%35.93B
Total liabilities	48.49%199.61B	50.97%177.48B	48.07%172.05B	43.89%152.94B	17.66%134.43B	0.26%117.56B	-2.49%116.2B	-10.31%106.29B	-7.17%114.25B	6.93%117.26B
Shareholders equity
Paid-in capital	0.00%4.57B	0.00%4.57B	17.79%4.57B	17.81%4.57B	17.94%4.57B	17.94%4.57B	0.13%3.88B	0.10%3.88B	0.00%3.88B	0.00%3.88B
Other equity instruments	----	----	----	----	----	----	-0.72%678.83M	-0.58%679.78M	-0.00%683.76M	-0.00%683.76M
Capital reserve funds	0.00%17.12B	0.00%17.12B	62.71%17.12B	62.85%17.12B	63.46%17.12B	63.46%17.12B	0.46%10.52B	0.37%10.51B	0.00%10.47B	0.00%10.47B
Surplus reserve funds	16.46%1.59B	16.46%1.59B	20.26%1.53B	15.55%1.47B	14.28%1.36B	14.28%1.36B	14.47%1.27B	14.47%1.27B	15.76%1.19B	15.76%1.19B
Retained profit	13.39%10.28B	12.22%9.55B	14.54%9.55B	12.70%8.85B	9.01%9.06B	8.15%8.51B	8.11%8.33B	7.80%7.85B	8.99%8.31B	10.18%7.87B
Less:Treasury stock	0.00%405.14M	0.00%405.14M	0.00%405.14M	0.00%405.14M	0.00%405.14M	0.00%405.14M	0.00%405.14M	5.38%405.14M	715.50%405.14M	--405.14M
Other composite income	30.23%391.61M	-47.40%212.07M	-25.72%167.04M	211.35%459.37M	210.67%300.7M	696.19%403.2M	432.20%224.87M	277.84%147.54M	700.79%96.79M	482.86%50.64M
Ordinary risk reserve funds	14.41%4.16B	14.41%4.16B	16.36%4.02B	12.17%3.88B	10.84%3.63B	10.84%3.63B	11.76%3.46B	11.76%3.46B	12.54%3.28B	12.54%3.28B
Shareholders equity without minority interests	5.76%37.7B	4.54%36.79B	30.70%36.55B	31.19%35.94B	29.57%35.65B	30.26%35.19B	5.19%27.97B	4.66%27.4B	3.55%27.51B	3.41%27.02B
Minority interests	697.42%10.71B	691.57%10.54B	704.14%10.44B	693.29%10.2B	6.11%1.34B	6.12%1.33B	5.63%1.3B	5.72%1.29B	5.42%1.27B	6.02%1.25B
Total shareholder equity	30.86%48.4B	29.58%47.33B	60.59%46.99B	60.87%46.14B	28.54%36.99B	29.19%36.52B	5.21%29.26B	4.71%28.68B	3.63%28.78B	3.52%28.27B
Total liabilities and equity	44.69%248.02B	45.90%224.81B	50.59%219.05B	47.50%199.08B	19.85%171.42B	5.88%154.09B	-1.03%145.46B	-7.49%134.98B	-5.19%143.03B	6.25%145.53B
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)	--	--	--	Zhonghui Certified Public Accountants (Special General Partnership)	--	--	--	Zhonghui 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.

Middle East conflict spreads to the stock market! How should investors respond?

On May 19, Eastern Time, Trump issued a clear countdown: 'in two or three days—maybe Friday, Saturday, Sunday, or early next week'—the U.S. Show More

牛牛課堂

Mar 4 17:09

Long-term answers | Your account on the left shrinks, while your right hand is chased by the times — Be the person that no bombardment can ever wipe out.

牛牛課堂

Mar 18 18:18

Hormuz, Term Structure and USO: Navigating the Energy Storm