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Zhejiang Three Stars New Materials (603578)

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  • 13.71
  • +0.14+1.03%
Market Closed Apr 30 15:00 CST
3.21BMarket Cap-17.53P/E (TTM)

Zhejiang Three Stars New Materials (603578) Balance Sheet

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YOY 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
Current assets
Money funds
110.05%1.21B
12.12%570.63M
18.47%487.69M
-3.62%494.24M
-13.02%574.47M
9.13%508.94M
45.69%411.65M
170.93%512.83M
245.97%660.49M
513.10%466.36M
Transactional financial assets
-46.72%7.3M
-45.60%7.18M
-26.85%15.57M
-33.94%14.09M
-37.22%13.7M
-39.70%13.21M
-0.51%21.28M
-0.60%21.33M
4.56%21.82M
10.34%21.9M
Notes receivable and accounts receivable
60.16%774.97M
47.55%712.71M
48.20%678.11M
23.27%672.33M
7.38%483.89M
25.83%483.02M
8.56%457.58M
0.60%545.43M
-1.78%450.65M
1.24%383.89M
-Notes receivable
13.25%93.93M
-21.03%130.05M
-32.01%178.32M
-14.07%174.44M
-29.42%82.94M
1.39%164.68M
22.70%262.28M
25.78%203.01M
-11.22%117.51M
-15.40%162.43M
-Accounts receivable
69.86%681.04M
83.03%582.66M
155.91%499.79M
45.41%497.89M
20.36%400.95M
43.75%318.34M
-5.98%195.3M
-10.07%342.42M
2.05%333.14M
18.32%221.45M
Other receivables (including interest and dividends)
14.37%2.11M
6.22%2.77M
-53.25%1.42M
-65.54%1M
-27.47%1.84M
-57.50%2.61M
-97.73%3.03M
-97.12%2.91M
-97.48%2.54M
-96.95%6.14M
-Other receivable
----
6.22%2.77M
----
-65.54%1M
----
-57.50%2.61M
----
-97.12%2.91M
----
-96.95%6.14M
Advance payment
-31.86%15.25M
-35.68%6.8M
-85.54%11.7M
-80.16%13.04M
424.66%22.38M
78.89%10.57M
1,099.41%80.9M
985.72%65.73M
-46.77%4.26M
13.22%5.91M
Inventories
-14.26%255.9M
22.57%270.59M
20.15%212.78M
204.93%223.3M
141.34%298.48M
99.58%220.76M
100.13%177.09M
-14.42%73.23M
-14.93%123.68M
-14.06%110.61M
Receivable financing
-71.07%20.75M
-25.98%74.7M
9.98%119.64M
5.61%70.74M
99.50%71.73M
-21.82%100.91M
-31.51%108.79M
-22.96%66.99M
-10.03%35.96M
131.38%129.08M
Other current assets
-97.83%2.54M
-90.61%7.65M
-79.67%10.86M
63.06%52.34M
1,722.73%116.89M
1,707.62%81.56M
3,585.06%53.42M
84,184.45%32.1M
29,566.93%6.41M
28,562.05%4.51M
Total current assets
44.34%2.29B
16.28%1.65B
17.05%1.54B
16.70%1.54B
21.26%1.58B
25.98%1.42B
17.87%1.31B
27.89%1.32B
35.32%1.31B
30.24%1.13B
Non Current assets
Other non-current financial assets
----
----
----
----
----
----
0.00%51.5M
0.00%51.5M
0.00%51.5M
0.00%51.5M
Fixed assets
----
-9.56%1.85B
----
736.89%1.99B
----
761.35%2.04B
----
-2.74%237.71M
----
-5.68%236.98M
Constru in process
----
0.86%217.84M
----
-86.30%213.86M
----
-19.23%215.98M
----
178,674.30%1.56B
----
42,307.34%267.39M
Construction materials
----
-41.32%2.18M
----
-72.04%5.08M
----
6,037.80%3.71M
----
--18.16M
----
--60.47K
Intangible assets
-2.18%731.7M
-2.14%735.93M
-2.12%739.95M
-1.87%743.96M
-1.85%747.98M
3.89%752M
97.57%756.01M
2,276.33%758.14M
2,271.68%762.06M
2,136.94%723.87M
Goodwill
----
----
0.00%10.22M
0.00%10.22M
0.00%10.22M
0.00%10.22M
0.00%10.22M
--10.22M
--10.22M
--10.22M
Deferred tax assets
----
----
----
----
----
----
----
-99.94%3.26K
-99.98%1K
----
Usufruct assets
-59.64%884.52K
-50.88%1.31M
-50.11%1.37M
-44.05%1.8M
-40.52%2.19M
-35.81%2.67M
-31.67%2.75M
74.28%3.22M
79.74%3.68M
84.21%4.15M
Other non current assets
14.46%1.02M
33.63%701.25K
-82.87%1.92M
-99.82%651.66K
-99.74%894.72K
-99.80%524.75K
-71.45%11.24M
--363.63M
--343.29M
--263.74M
Total non current assets
-7.14%2.8B
-7.34%2.8B
6.41%2.95B
-1.28%2.96B
38.38%3.01B
94.26%3.03B
250.78%2.77B
794.90%3B
540.01%2.18B
355.38%1.56B
Total assets
10.60%5.08B
0.21%4.46B
9.83%4.49B
4.21%4.51B
31.96%4.59B
65.58%4.45B
114.48%4.08B
216.04%4.32B
166.82%3.48B
122.28%2.69B
Liabilities
Current liabilities
Short term loan
225.14%68.97M
211.17%68.97M
-41.35%20.02M
-67.23%21.21M
-62.75%21.21M
-62.26%22.17M
-40.20%34.13M
13.62%64.72M
62.50%56.94M
-19.65%58.73M
Notes payable and accounts payable
0.53%1.3B
2.32%1.24B
29.13%1.17B
-0.27%1.24B
15.70%1.29B
118.10%1.21B
420.72%904.54M
514.03%1.24B
455.51%1.11B
390.61%555.99M
-Notes payable
-7.35%201.57M
-28.77%119.78M
-31.67%144.71M
-35.51%189.5M
-38.80%217.57M
-35.97%168.15M
65.74%211.79M
214.67%293.82M
386.95%355.52M
501.55%262.61M
-Accounts payable
2.13%1.09B
7.32%1.12B
47.72%1.02B
10.65%1.05B
41.26%1.07B
256.01%1.04B
1,408.44%692.75M
770.84%947.91M
494.77%758.33M
321.09%293.38M
Contract liabilities
314.00%18.23M
98.99%7.88M
-17.73%8.01M
4,921.09%4.74M
2,421.88%4.4M
4,078.93%3.96M
1,470.99%9.74M
251.73%94.39K
-17.08%174.57K
1,944.64%94.81K
Salaries payable
-5.13%28.86M
13.01%38.18M
-13.36%20.35M
8.50%21.02M
45.93%30.42M
41.49%33.79M
39.21%23.49M
46.73%19.37M
26.34%20.85M
21.50%23.88M
Taxs payable
91.23%36.57M
116.57%37.8M
19.68%17.03M
28.87%20.71M
-23.22%19.12M
-11.41%17.45M
-0.67%14.23M
-11.05%16.07M
40.69%24.9M
149.94%19.7M
Other payable (including interest and dividends)
-6.91%98.05M
-7.06%101.11M
-8.09%99.31M
4.24%99.17M
10.29%105.33M
-12.83%108.78M
-80.85%108.05M
381.54%95.14M
756.18%95.5M
1,014.61%124.79M
-Dividend payable
--0
0.00%608.46K
--608.46K
0.00%608.46K
--608.46K
--608.46K
----
--608.46K
----
----
-Other payable
----
-7.10%100.5M
----
4.26%98.56M
----
-13.32%108.17M
----
378.46%94.53M
----
1,014.61%124.79M
Non current liabilities due within one year
1,466.81%529.69M
1,466.56%529.88M
96.03%42.65M
99.54%43.64M
1,733.26%33.81M
1,687.06%33.82M
1,231.49%21.76M
3,014.81%21.87M
162.63%1.84M
137.39%1.89M
Other current liabilities
1,171.54%42.66M
1,017.49%61.55M
1,094.26%61.96M
101.19%7.7M
60.38%3.35M
23.22%5.51M
6,337.41%5.19M
109,601.80%3.83M
7,543.61%2.09M
741,424.85%4.47M
Total current liabilities
40.64%2.12B
45.06%2.09B
28.21%1.44B
-0.43%1.46B
14.45%1.51B
82.14%1.44B
35.33%1.12B
370.45%1.46B
366.97%1.32B
249.43%789.55M
Current liabilities
Long term loan
-16.41%410.61M
-16.50%410.61M
-2.19%470.15M
-2.08%470.64M
--491.21M
--491.74M
--480.65M
--480.65M
----
----
Long term account payable
----
----
----
16.49%1.41B
----
----
----
--1.21B
----
--763.68M
Estimate liabilities
--1.1M
--1.1M
----
----
----
----
----
----
----
----
Deferred tax liabilities
-34.34%2.58M
8.25%3.02M
-49.07%1.17M
-83.74%402.94K
24.77%3.93M
-29.49%2.79M
-77.38%2.31M
-76.13%2.48M
-68.27%3.15M
-58.64%3.96M
Long term deferred income
1,688.18%527.87M
1,659.22%528.67M
1,251.24%411.05M
3,194.92%213.38M
342.81%29.52M
338.26%30.05M
2,178.65%30.42M
367.58%6.48M
364.56%6.67M
358.44%6.86M
Lease liabilities
-1.23%155.17K
-62.82%153.92K
--99.35K
-83.70%175.3K
-89.52%157.1K
-77.89%413.99K
----
-7.81%1.08M
7.78%1.5M
29.61%1.87M
Total non current liabilities
-21.52%1.63B
-20.56%1.59B
14.60%2.11B
23.12%2.1B
102.93%2.08B
158.37%2.01B
13,742.65%1.84B
13,087.72%1.71B
7,932.41%1.02B
6,108.11%776.37M
Total liabilities
4.61%3.75B
6.84%3.68B
19.75%3.55B
12.25%3.56B
53.16%3.58B
119.93%3.44B
251.90%2.96B
878.16%3.17B
694.19%2.34B
556.69%1.57B
Shareholders equity
Paid-in capital
29.78%234.06M
0.00%180.36M
0.00%180.36M
0.00%180.36M
0.00%180.36M
0.00%180.36M
0.00%180.36M
0.00%180.36M
0.00%180.36M
0.00%180.36M
Capital reserve funds
130.00%923.36M
2.65%410.03M
2.54%405.49M
3.35%403.48M
4.18%401.46M
5.03%399.45M
-2.84%395.43M
-4.08%390.39M
-5.31%385.36M
-6.55%380.33M
Surplus reserve funds
0.00%87.15M
0.00%87.15M
14.27%87.15M
14.27%87.15M
14.27%87.15M
14.27%87.15M
19.12%76.27M
19.12%76.27M
19.12%76.27M
19.12%76.27M
Retained profit
-51.44%172.72M
-49.12%175.74M
-31.63%307.6M
-34.12%315.15M
-23.66%355.68M
-22.44%345.38M
-2.57%449.9M
6.64%478.36M
12.51%465.92M
19.34%445.31M
Shareholders equity without minority interests
38.32%1.42B
-15.71%853.28M
-11.01%980.59M
-12.37%986.13M
-7.51%1.02B
-6.46%1.01B
4.99%1.1B
8.59%1.13B
10.58%1.11B
12.62%1.08B
Minority interests
-531.59%-84.15M
-797.54%-75.79M
-296.34%-41.08M
-217.76%-36.04M
-138.70%-13.32M
-122.15%-8.44M
57.40%20.92M
286.14%30.61M
304.33%34.42M
317.82%38.12M
Total shareholder equity
31.82%1.33B
-22.55%777.48M
-16.33%939.51M
-17.81%950.09M
-11.47%1.01B
-10.40%1B
5.65%1.12B
10.70%1.16B
13.06%1.14B
15.49%1.12B
Total liabilityies and equity
10.60%5.08B
0.21%4.46B
9.83%4.49B
4.21%4.51B
31.96%4.59B
65.58%4.45B
114.48%4.08B
216.04%4.32B
166.82%3.48B
122.28%2.69B
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)
--
--
--
Tianjian 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 110.05%1.21B12.12%570.63M18.47%487.69M-3.62%494.24M-13.02%574.47M9.13%508.94M45.69%411.65M170.93%512.83M245.97%660.49M513.10%466.36M
Transactional financial assets -46.72%7.3M-45.60%7.18M-26.85%15.57M-33.94%14.09M-37.22%13.7M-39.70%13.21M-0.51%21.28M-0.60%21.33M4.56%21.82M10.34%21.9M
Notes receivable and accounts receivable 60.16%774.97M47.55%712.71M48.20%678.11M23.27%672.33M7.38%483.89M25.83%483.02M8.56%457.58M0.60%545.43M-1.78%450.65M1.24%383.89M
-Notes receivable 13.25%93.93M-21.03%130.05M-32.01%178.32M-14.07%174.44M-29.42%82.94M1.39%164.68M22.70%262.28M25.78%203.01M-11.22%117.51M-15.40%162.43M
-Accounts receivable 69.86%681.04M83.03%582.66M155.91%499.79M45.41%497.89M20.36%400.95M43.75%318.34M-5.98%195.3M-10.07%342.42M2.05%333.14M18.32%221.45M
Other receivables (including interest and dividends) 14.37%2.11M6.22%2.77M-53.25%1.42M-65.54%1M-27.47%1.84M-57.50%2.61M-97.73%3.03M-97.12%2.91M-97.48%2.54M-96.95%6.14M
-Other receivable ----6.22%2.77M-----65.54%1M-----57.50%2.61M-----97.12%2.91M-----96.95%6.14M
Advance payment -31.86%15.25M-35.68%6.8M-85.54%11.7M-80.16%13.04M424.66%22.38M78.89%10.57M1,099.41%80.9M985.72%65.73M-46.77%4.26M13.22%5.91M
Inventories -14.26%255.9M22.57%270.59M20.15%212.78M204.93%223.3M141.34%298.48M99.58%220.76M100.13%177.09M-14.42%73.23M-14.93%123.68M-14.06%110.61M
Receivable financing -71.07%20.75M-25.98%74.7M9.98%119.64M5.61%70.74M99.50%71.73M-21.82%100.91M-31.51%108.79M-22.96%66.99M-10.03%35.96M131.38%129.08M
Other current assets -97.83%2.54M-90.61%7.65M-79.67%10.86M63.06%52.34M1,722.73%116.89M1,707.62%81.56M3,585.06%53.42M84,184.45%32.1M29,566.93%6.41M28,562.05%4.51M
Total current assets 44.34%2.29B16.28%1.65B17.05%1.54B16.70%1.54B21.26%1.58B25.98%1.42B17.87%1.31B27.89%1.32B35.32%1.31B30.24%1.13B
Non Current assets
Other non-current financial assets ------------------------0.00%51.5M0.00%51.5M0.00%51.5M0.00%51.5M
Fixed assets -----9.56%1.85B----736.89%1.99B----761.35%2.04B-----2.74%237.71M-----5.68%236.98M
Constru in process ----0.86%217.84M-----86.30%213.86M-----19.23%215.98M----178,674.30%1.56B----42,307.34%267.39M
Construction materials -----41.32%2.18M-----72.04%5.08M----6,037.80%3.71M------18.16M------60.47K
Intangible assets -2.18%731.7M-2.14%735.93M-2.12%739.95M-1.87%743.96M-1.85%747.98M3.89%752M97.57%756.01M2,276.33%758.14M2,271.68%762.06M2,136.94%723.87M
Goodwill --------0.00%10.22M0.00%10.22M0.00%10.22M0.00%10.22M0.00%10.22M--10.22M--10.22M--10.22M
Deferred tax assets -----------------------------99.94%3.26K-99.98%1K----
Usufruct assets -59.64%884.52K-50.88%1.31M-50.11%1.37M-44.05%1.8M-40.52%2.19M-35.81%2.67M-31.67%2.75M74.28%3.22M79.74%3.68M84.21%4.15M
Other non current assets 14.46%1.02M33.63%701.25K-82.87%1.92M-99.82%651.66K-99.74%894.72K-99.80%524.75K-71.45%11.24M--363.63M--343.29M--263.74M
Total non current assets -7.14%2.8B-7.34%2.8B6.41%2.95B-1.28%2.96B38.38%3.01B94.26%3.03B250.78%2.77B794.90%3B540.01%2.18B355.38%1.56B
Total assets 10.60%5.08B0.21%4.46B9.83%4.49B4.21%4.51B31.96%4.59B65.58%4.45B114.48%4.08B216.04%4.32B166.82%3.48B122.28%2.69B
Liabilities
Current liabilities
Short term loan 225.14%68.97M211.17%68.97M-41.35%20.02M-67.23%21.21M-62.75%21.21M-62.26%22.17M-40.20%34.13M13.62%64.72M62.50%56.94M-19.65%58.73M
Notes payable and accounts payable 0.53%1.3B2.32%1.24B29.13%1.17B-0.27%1.24B15.70%1.29B118.10%1.21B420.72%904.54M514.03%1.24B455.51%1.11B390.61%555.99M
-Notes payable -7.35%201.57M-28.77%119.78M-31.67%144.71M-35.51%189.5M-38.80%217.57M-35.97%168.15M65.74%211.79M214.67%293.82M386.95%355.52M501.55%262.61M
-Accounts payable 2.13%1.09B7.32%1.12B47.72%1.02B10.65%1.05B41.26%1.07B256.01%1.04B1,408.44%692.75M770.84%947.91M494.77%758.33M321.09%293.38M
Contract liabilities 314.00%18.23M98.99%7.88M-17.73%8.01M4,921.09%4.74M2,421.88%4.4M4,078.93%3.96M1,470.99%9.74M251.73%94.39K-17.08%174.57K1,944.64%94.81K
Salaries payable -5.13%28.86M13.01%38.18M-13.36%20.35M8.50%21.02M45.93%30.42M41.49%33.79M39.21%23.49M46.73%19.37M26.34%20.85M21.50%23.88M
Taxs payable 91.23%36.57M116.57%37.8M19.68%17.03M28.87%20.71M-23.22%19.12M-11.41%17.45M-0.67%14.23M-11.05%16.07M40.69%24.9M149.94%19.7M
Other payable (including interest and dividends) -6.91%98.05M-7.06%101.11M-8.09%99.31M4.24%99.17M10.29%105.33M-12.83%108.78M-80.85%108.05M381.54%95.14M756.18%95.5M1,014.61%124.79M
-Dividend payable --00.00%608.46K--608.46K0.00%608.46K--608.46K--608.46K------608.46K--------
-Other payable -----7.10%100.5M----4.26%98.56M-----13.32%108.17M----378.46%94.53M----1,014.61%124.79M
Non current liabilities due within one year 1,466.81%529.69M1,466.56%529.88M96.03%42.65M99.54%43.64M1,733.26%33.81M1,687.06%33.82M1,231.49%21.76M3,014.81%21.87M162.63%1.84M137.39%1.89M
Other current liabilities 1,171.54%42.66M1,017.49%61.55M1,094.26%61.96M101.19%7.7M60.38%3.35M23.22%5.51M6,337.41%5.19M109,601.80%3.83M7,543.61%2.09M741,424.85%4.47M
Total current liabilities 40.64%2.12B45.06%2.09B28.21%1.44B-0.43%1.46B14.45%1.51B82.14%1.44B35.33%1.12B370.45%1.46B366.97%1.32B249.43%789.55M
Current liabilities
Long term loan -16.41%410.61M-16.50%410.61M-2.19%470.15M-2.08%470.64M--491.21M--491.74M--480.65M--480.65M--------
Long term account payable ------------16.49%1.41B--------------1.21B------763.68M
Estimate liabilities --1.1M--1.1M--------------------------------
Deferred tax liabilities -34.34%2.58M8.25%3.02M-49.07%1.17M-83.74%402.94K24.77%3.93M-29.49%2.79M-77.38%2.31M-76.13%2.48M-68.27%3.15M-58.64%3.96M
Long term deferred income 1,688.18%527.87M1,659.22%528.67M1,251.24%411.05M3,194.92%213.38M342.81%29.52M338.26%30.05M2,178.65%30.42M367.58%6.48M364.56%6.67M358.44%6.86M
Lease liabilities -1.23%155.17K-62.82%153.92K--99.35K-83.70%175.3K-89.52%157.1K-77.89%413.99K-----7.81%1.08M7.78%1.5M29.61%1.87M
Total non current liabilities -21.52%1.63B-20.56%1.59B14.60%2.11B23.12%2.1B102.93%2.08B158.37%2.01B13,742.65%1.84B13,087.72%1.71B7,932.41%1.02B6,108.11%776.37M
Total liabilities 4.61%3.75B6.84%3.68B19.75%3.55B12.25%3.56B53.16%3.58B119.93%3.44B251.90%2.96B878.16%3.17B694.19%2.34B556.69%1.57B
Shareholders equity
Paid-in capital 29.78%234.06M0.00%180.36M0.00%180.36M0.00%180.36M0.00%180.36M0.00%180.36M0.00%180.36M0.00%180.36M0.00%180.36M0.00%180.36M
Capital reserve funds 130.00%923.36M2.65%410.03M2.54%405.49M3.35%403.48M4.18%401.46M5.03%399.45M-2.84%395.43M-4.08%390.39M-5.31%385.36M-6.55%380.33M
Surplus reserve funds 0.00%87.15M0.00%87.15M14.27%87.15M14.27%87.15M14.27%87.15M14.27%87.15M19.12%76.27M19.12%76.27M19.12%76.27M19.12%76.27M
Retained profit -51.44%172.72M-49.12%175.74M-31.63%307.6M-34.12%315.15M-23.66%355.68M-22.44%345.38M-2.57%449.9M6.64%478.36M12.51%465.92M19.34%445.31M
Shareholders equity without minority interests 38.32%1.42B-15.71%853.28M-11.01%980.59M-12.37%986.13M-7.51%1.02B-6.46%1.01B4.99%1.1B8.59%1.13B10.58%1.11B12.62%1.08B
Minority interests -531.59%-84.15M-797.54%-75.79M-296.34%-41.08M-217.76%-36.04M-138.70%-13.32M-122.15%-8.44M57.40%20.92M286.14%30.61M304.33%34.42M317.82%38.12M
Total shareholder equity 31.82%1.33B-22.55%777.48M-16.33%939.51M-17.81%950.09M-11.47%1.01B-10.40%1B5.65%1.12B10.70%1.16B13.06%1.14B15.49%1.12B
Total liabilityies and equity 10.60%5.08B0.21%4.46B9.83%4.49B4.21%4.51B31.96%4.59B65.58%4.45B114.48%4.08B216.04%4.32B166.82%3.48B122.28%2.69B
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)------Tianjian 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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