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Shenzhen VMAX New Energy (688612)

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  • 36.14
  • +3.00+9.05%
Market Closed May 22 15:00 CST
15.15BMarket Cap25.74P/E (TTM)

Shenzhen VMAX New Energy (688612) 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
6.67%1.58B
15.87%1.83B
39.80%1.86B
97.62%1.85B
38.88%1.49B
1.22%1.58B
-47.08%1.33B
5.87%936.15M
93.24%1.07B
192.08%1.56B
Transactional financial assets
0.17%1.22B
-8.71%1.27B
-37.74%802.28M
-43.88%776.59M
-18.34%1.22B
20.74%1.39B
6,277.83%1.29B
9,050.18%1.38B
--1.49B
--1.15B
Notes receivable and accounts receivable
-13.22%1.44B
-17.38%1.59B
-8.03%1.74B
24.40%1.88B
10.13%1.66B
11.22%1.93B
50.62%1.89B
37.36%1.51B
30.65%1.5B
46.79%1.73B
-Notes receivable
-15.52%403.96M
26.59%291.13M
34.18%362.66M
182.19%476.93M
44.32%478.18M
-27.22%229.98M
21.29%270.28M
-22.96%169.01M
34.26%331.33M
28.00%316M
-Accounts receivable
-12.29%1.03B
-23.33%1.3B
-15.07%1.38B
4.51%1.4B
0.47%1.18B
19.79%1.7B
56.94%1.62B
52.40%1.34B
29.66%1.17B
51.76%1.42B
Other receivables (including interest and dividends)
-26.14%15.76M
27.23%31.63M
-75.85%10.93M
88.01%26.4M
18.72%21.34M
-1.43%24.86M
116.13%45.28M
-55.74%14.04M
-43.98%17.98M
-42.86%25.22M
-Other receivable
----
27.23%31.63M
----
88.01%26.4M
----
-1.43%24.86M
----
-55.74%14.04M
----
-42.86%25.22M
Advance payment
-92.51%7.58M
-52.13%5.65M
51.04%108.16M
18.11%115.54M
-30.73%101.2M
-69.56%11.8M
-32.24%71.61M
32.35%97.82M
337.06%146.1M
169.43%38.77M
Inventories
17.27%924.98M
22.67%1.09B
-9.50%964.5M
-7.69%919.36M
-24.44%788.75M
-23.97%885.63M
-16.92%1.07B
-5.08%995.92M
16.17%1.04B
16.39%1.16B
Receivable financing
43.33%696.89M
44.35%413.71M
109.14%577.3M
1.87%394.66M
6.11%486.21M
106.63%286.6M
75.88%276.04M
101.38%387.44M
41.15%458.21M
-50.83%138.7M
Other current assets
-25.11%69.14M
-8.45%37.69M
-37.75%33.51M
4.92%68.85M
30.69%92.32M
-39.60%41.17M
-20.30%53.83M
171.14%65.62M
130.93%70.64M
71.21%68.16M
Total current assets
1.83%5.95B
1.94%6.26B
1.19%6.09B
11.86%6.03B
0.83%5.85B
4.53%6.14B
11.12%6.02B
59.96%5.39B
91.78%5.8B
89.80%5.88B
Non Current assets
Fixed assets
----
32.27%1.44B
----
14.81%1.15B
----
20.27%1.09B
----
75.90%1.01B
----
86.62%905.91M
Constru in process
----
-90.91%12M
----
30.37%140.28M
----
117.43%131.97M
----
-41.94%107.61M
----
-57.89%60.69M
Intangible assets
-0.04%73.61M
-2.40%74.09M
-6.46%71.93M
-6.77%72.64M
-6.51%73.63M
-3.13%75.91M
27.45%76.9M
28.67%77.92M
28.55%78.76M
26.87%78.36M
Goodwill
0.00%5.36M
0.00%5.36M
0.00%5.36M
0.00%5.36M
0.00%5.36M
0.00%5.36M
0.00%5.36M
28.84%5.36M
28.84%5.36M
28.84%5.36M
Long deferred expense
-55.89%14.45M
-24.08%20.08M
-8.54%26.99M
-8.34%30.3M
-16.73%32.77M
-36.60%26.44M
-7.65%29.51M
-1.11%33.06M
39.97%39.35M
48.94%41.71M
Deferred tax assets
232.18%3.92M
-73.28%183.37K
322.17%5.4M
151.68%6.58M
-62.95%1.18M
188.36%686.35K
-63.83%1.28M
-27.55%2.61M
-21.39%3.18M
252.08%238.02K
Usufruct assets
-53.00%23.45M
-27.05%27.67M
107.67%36.17M
91.29%38M
115.96%49.89M
26.95%37.94M
-47.95%17.42M
-49.82%19.87M
-47.19%23.1M
-24.84%29.88M
Other non current assets
143.41%171.59M
191.51%196.97M
60.07%160M
-2.54%102.61M
-39.96%70.49M
-47.77%67.57M
5.51%99.96M
143.23%105.28M
102.00%117.4M
52.64%129.38M
Total non current assets
18.25%1.87B
21.99%1.89B
17.88%1.77B
14.42%1.66B
10.76%1.58B
14.29%1.55B
26.87%1.5B
37.78%1.45B
38.79%1.43B
40.75%1.36B
Total assets
5.32%7.82B
5.98%8.15B
4.52%7.86B
12.40%7.69B
2.79%7.43B
6.36%7.69B
13.94%7.52B
54.67%6.84B
78.34%7.23B
78.17%7.23B
Liabilities
Current liabilities
Short term loan
-30.86%78.06M
-7.35%268M
-54.85%166.36M
-71.12%97.17M
-59.73%112.89M
-10.60%289.25M
59.51%368.47M
11.80%336.5M
-4.44%280.33M
38.09%323.53M
Notes payable and accounts payable
0.46%2.97B
0.20%3.24B
9.39%3.16B
26.81%3.08B
10.97%2.96B
17.32%3.23B
8.57%2.89B
14.80%2.43B
35.66%2.67B
32.19%2.75B
-Notes payable
12.56%1.38B
10.48%1.35B
62.01%1.34B
16.65%965.68M
35.94%1.22B
40.22%1.22B
-1.81%824.07M
25.24%827.82M
40.03%900.36M
81.09%868.52M
-Accounts payable
-8.06%1.6B
-6.02%1.89B
-11.58%1.83B
32.05%2.12B
-1.75%1.74B
6.78%2.01B
13.34%2.07B
10.07%1.6B
33.53%1.77B
17.57%1.89B
Contract liabilities
11.77%231.77M
84.84%243.02M
142.44%297.73M
270.59%341.24M
95.77%207.36M
20.28%131.48M
25.63%122.8M
4.44%92.08M
22.43%105.92M
4.60%109.31M
Salaries payable
19.28%123.7M
13.07%145.62M
19.97%125.87M
9.16%95.58M
15.83%103.7M
18.79%128.79M
24.56%104.92M
34.86%87.56M
34.64%89.53M
39.21%108.42M
Taxs payable
21.26%49.33M
-15.49%38.19M
4.90%30.14M
20.65%35.39M
-26.40%40.68M
-22.61%45.18M
180.11%28.74M
105.04%29.33M
428.36%55.27M
363.11%58.38M
Other payable (including interest and dividends)
-35.34%127.75M
-7.90%140.89M
-21.06%179M
145.72%196.23M
104.88%197.57M
115.24%152.98M
184.51%226.75M
18.42%79.86M
87.08%96.43M
-42.73%71.07M
-Dividend payable
----
----
----
----
----
----
--108.19M
----
----
----
-Other payable
----
-7.90%140.89M
----
145.72%196.23M
----
115.24%152.98M
----
18.42%79.86M
----
-42.73%71.07M
Non current liabilities due within one year
-10.45%54.11M
-3.19%61.33M
-11.09%49.28M
390.93%248.99M
32.08%60.42M
32.13%63.35M
249.07%55.43M
55.66%50.72M
101.91%45.75M
143.72%47.95M
Other current liabilities
3.95%28.02M
213.39%18.4M
142.44%38.7M
270.74%44.36M
222.19%26.96M
-33.64%5.87M
25.63%15.96M
4.39%11.97M
34.41%8.37M
-12.16%8.85M
Total current liabilities
-1.09%3.67B
2.66%4.16B
6.23%4.05B
32.85%4.14B
10.77%3.71B
16.27%4.05B
19.40%3.81B
15.63%3.12B
33.77%3.35B
30.57%3.48B
Current liabilities
Estimate liabilities
84.26%149.06M
68.97%147.16M
60.02%120.82M
34.71%108.45M
4.72%80.9M
16.88%87.1M
28.37%75.51M
36.94%80.5M
55.88%77.25M
54.77%74.52M
Deferred tax liabilities
115.57%6.5M
-11.31%2.78M
46.82%8.69M
46.21%9.32M
-65.87%3.02M
-13.09%3.13M
-26.06%5.92M
5.41%6.37M
27.59%8.84M
24.29%3.61M
Long term deferred income
57.70%80.14M
57.98%82.64M
28.09%58.7M
56.56%49.33M
73.19%50.82M
95.39%52.31M
52.63%45.83M
15.05%31.51M
4.98%29.34M
-6.11%26.77M
Lease liabilities
-80.23%6.06M
-57.78%9.16M
569.90%14.91M
364.10%16.95M
508.18%30.64M
297.54%21.68M
-70.78%2.23M
-64.89%3.65M
-61.64%5.04M
-61.22%5.45M
Total non current liabilities
8.13%401.12M
-0.93%366.16M
-12.33%314.76M
-45.57%194.73M
1.94%370.97M
4.46%369.6M
-6.34%359.02M
-23.52%357.78M
-11.55%363.92M
3.19%353.81M
Total liabilities
-0.25%4.07B
2.36%4.52B
4.63%4.37B
24.79%4.34B
9.90%4.08B
15.18%4.42B
16.64%4.17B
9.84%3.48B
27.37%3.71B
27.45%3.84B
Shareholders equity
Paid-in capital
-0.42%419.19M
-0.42%419.19M
0.00%420.96M
0.00%420.96M
0.00%420.96M
0.00%420.96M
0.00%420.96M
11.11%420.96M
11.11%420.96M
11.11%420.96M
Capital reserve funds
-1.89%2.03B
-1.99%2.03B
-0.83%2.05B
-0.08%2.07B
0.34%2.07B
0.34%2.07B
8.29%2.07B
678.55%2.07B
684.24%2.07B
689.60%2.06B
Surplus reserve funds
33.97%176.81M
33.97%176.81M
32.96%131.98M
32.96%131.98M
32.96%131.98M
32.96%131.98M
186.60%99.26M
186.60%99.26M
186.60%99.26M
186.60%99.26M
Retained profit
48.96%1.15B
51.82%1.02B
29.32%943.8M
4.36%790.59M
-15.31%769.53M
-15.83%668.69M
13.47%729.79M
33.27%757.55M
104.27%908.62M
122.74%794.42M
Less:Treasury stock
-59.38%20.99M
-52.62%10.59M
--57.27M
--57.27M
--51.69M
--22.34M
----
----
----
----
Other composite income
-4,805.09%-2.98M
-1,077.11%-2.8M
-7,812.02%-1.52M
-26,728.58%-716.84K
---60.79K
---237.72K
--19.72K
---2.67K
----
----
Shareholders equity without minority interests
12.21%3.75B
10.94%3.63B
5.14%3.49B
0.18%3.35B
-4.32%3.34B
-3.21%3.27B
10.29%3.32B
168.20%3.35B
211.56%3.49B
227.52%3.38B
Minority interests
-100.00%0.34
-100.00%0.64
-100.00%527.06
-90.56%2M
-84.52%2.7M
-85.34%2.37M
147.21%24.3M
76.99%21.19M
19.67%17.47M
-4.60%16.19M
Total shareholder equity
12.12%3.75B
10.86%3.63B
4.38%3.49B
-0.39%3.35B
-4.72%3.35B
-3.61%3.27B
10.73%3.34B
167.33%3.37B
209.09%3.51B
223.77%3.39B
Total liabilityies and equity
5.32%7.82B
5.98%8.15B
4.52%7.86B
12.40%7.69B
2.79%7.43B
6.36%7.69B
13.94%7.52B
54.67%6.84B
78.34%7.23B
78.17%7.23B
Currency Unit
CNY
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CNY
CNY
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Accounting Standards
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
CAS (2007)
Audit Opinions
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Unqualified opinion
Auditor
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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 6.67%1.58B15.87%1.83B39.80%1.86B97.62%1.85B38.88%1.49B1.22%1.58B-47.08%1.33B5.87%936.15M93.24%1.07B192.08%1.56B
Transactional financial assets 0.17%1.22B-8.71%1.27B-37.74%802.28M-43.88%776.59M-18.34%1.22B20.74%1.39B6,277.83%1.29B9,050.18%1.38B--1.49B--1.15B
Notes receivable and accounts receivable -13.22%1.44B-17.38%1.59B-8.03%1.74B24.40%1.88B10.13%1.66B11.22%1.93B50.62%1.89B37.36%1.51B30.65%1.5B46.79%1.73B
-Notes receivable -15.52%403.96M26.59%291.13M34.18%362.66M182.19%476.93M44.32%478.18M-27.22%229.98M21.29%270.28M-22.96%169.01M34.26%331.33M28.00%316M
-Accounts receivable -12.29%1.03B-23.33%1.3B-15.07%1.38B4.51%1.4B0.47%1.18B19.79%1.7B56.94%1.62B52.40%1.34B29.66%1.17B51.76%1.42B
Other receivables (including interest and dividends) -26.14%15.76M27.23%31.63M-75.85%10.93M88.01%26.4M18.72%21.34M-1.43%24.86M116.13%45.28M-55.74%14.04M-43.98%17.98M-42.86%25.22M
-Other receivable ----27.23%31.63M----88.01%26.4M-----1.43%24.86M-----55.74%14.04M-----42.86%25.22M
Advance payment -92.51%7.58M-52.13%5.65M51.04%108.16M18.11%115.54M-30.73%101.2M-69.56%11.8M-32.24%71.61M32.35%97.82M337.06%146.1M169.43%38.77M
Inventories 17.27%924.98M22.67%1.09B-9.50%964.5M-7.69%919.36M-24.44%788.75M-23.97%885.63M-16.92%1.07B-5.08%995.92M16.17%1.04B16.39%1.16B
Receivable financing 43.33%696.89M44.35%413.71M109.14%577.3M1.87%394.66M6.11%486.21M106.63%286.6M75.88%276.04M101.38%387.44M41.15%458.21M-50.83%138.7M
Other current assets -25.11%69.14M-8.45%37.69M-37.75%33.51M4.92%68.85M30.69%92.32M-39.60%41.17M-20.30%53.83M171.14%65.62M130.93%70.64M71.21%68.16M
Total current assets 1.83%5.95B1.94%6.26B1.19%6.09B11.86%6.03B0.83%5.85B4.53%6.14B11.12%6.02B59.96%5.39B91.78%5.8B89.80%5.88B
Non Current assets
Fixed assets ----32.27%1.44B----14.81%1.15B----20.27%1.09B----75.90%1.01B----86.62%905.91M
Constru in process -----90.91%12M----30.37%140.28M----117.43%131.97M-----41.94%107.61M-----57.89%60.69M
Intangible assets -0.04%73.61M-2.40%74.09M-6.46%71.93M-6.77%72.64M-6.51%73.63M-3.13%75.91M27.45%76.9M28.67%77.92M28.55%78.76M26.87%78.36M
Goodwill 0.00%5.36M0.00%5.36M0.00%5.36M0.00%5.36M0.00%5.36M0.00%5.36M0.00%5.36M28.84%5.36M28.84%5.36M28.84%5.36M
Long deferred expense -55.89%14.45M-24.08%20.08M-8.54%26.99M-8.34%30.3M-16.73%32.77M-36.60%26.44M-7.65%29.51M-1.11%33.06M39.97%39.35M48.94%41.71M
Deferred tax assets 232.18%3.92M-73.28%183.37K322.17%5.4M151.68%6.58M-62.95%1.18M188.36%686.35K-63.83%1.28M-27.55%2.61M-21.39%3.18M252.08%238.02K
Usufruct assets -53.00%23.45M-27.05%27.67M107.67%36.17M91.29%38M115.96%49.89M26.95%37.94M-47.95%17.42M-49.82%19.87M-47.19%23.1M-24.84%29.88M
Other non current assets 143.41%171.59M191.51%196.97M60.07%160M-2.54%102.61M-39.96%70.49M-47.77%67.57M5.51%99.96M143.23%105.28M102.00%117.4M52.64%129.38M
Total non current assets 18.25%1.87B21.99%1.89B17.88%1.77B14.42%1.66B10.76%1.58B14.29%1.55B26.87%1.5B37.78%1.45B38.79%1.43B40.75%1.36B
Total assets 5.32%7.82B5.98%8.15B4.52%7.86B12.40%7.69B2.79%7.43B6.36%7.69B13.94%7.52B54.67%6.84B78.34%7.23B78.17%7.23B
Liabilities
Current liabilities
Short term loan -30.86%78.06M-7.35%268M-54.85%166.36M-71.12%97.17M-59.73%112.89M-10.60%289.25M59.51%368.47M11.80%336.5M-4.44%280.33M38.09%323.53M
Notes payable and accounts payable 0.46%2.97B0.20%3.24B9.39%3.16B26.81%3.08B10.97%2.96B17.32%3.23B8.57%2.89B14.80%2.43B35.66%2.67B32.19%2.75B
-Notes payable 12.56%1.38B10.48%1.35B62.01%1.34B16.65%965.68M35.94%1.22B40.22%1.22B-1.81%824.07M25.24%827.82M40.03%900.36M81.09%868.52M
-Accounts payable -8.06%1.6B-6.02%1.89B-11.58%1.83B32.05%2.12B-1.75%1.74B6.78%2.01B13.34%2.07B10.07%1.6B33.53%1.77B17.57%1.89B
Contract liabilities 11.77%231.77M84.84%243.02M142.44%297.73M270.59%341.24M95.77%207.36M20.28%131.48M25.63%122.8M4.44%92.08M22.43%105.92M4.60%109.31M
Salaries payable 19.28%123.7M13.07%145.62M19.97%125.87M9.16%95.58M15.83%103.7M18.79%128.79M24.56%104.92M34.86%87.56M34.64%89.53M39.21%108.42M
Taxs payable 21.26%49.33M-15.49%38.19M4.90%30.14M20.65%35.39M-26.40%40.68M-22.61%45.18M180.11%28.74M105.04%29.33M428.36%55.27M363.11%58.38M
Other payable (including interest and dividends) -35.34%127.75M-7.90%140.89M-21.06%179M145.72%196.23M104.88%197.57M115.24%152.98M184.51%226.75M18.42%79.86M87.08%96.43M-42.73%71.07M
-Dividend payable --------------------------108.19M------------
-Other payable -----7.90%140.89M----145.72%196.23M----115.24%152.98M----18.42%79.86M-----42.73%71.07M
Non current liabilities due within one year -10.45%54.11M-3.19%61.33M-11.09%49.28M390.93%248.99M32.08%60.42M32.13%63.35M249.07%55.43M55.66%50.72M101.91%45.75M143.72%47.95M
Other current liabilities 3.95%28.02M213.39%18.4M142.44%38.7M270.74%44.36M222.19%26.96M-33.64%5.87M25.63%15.96M4.39%11.97M34.41%8.37M-12.16%8.85M
Total current liabilities -1.09%3.67B2.66%4.16B6.23%4.05B32.85%4.14B10.77%3.71B16.27%4.05B19.40%3.81B15.63%3.12B33.77%3.35B30.57%3.48B
Current liabilities
Estimate liabilities 84.26%149.06M68.97%147.16M60.02%120.82M34.71%108.45M4.72%80.9M16.88%87.1M28.37%75.51M36.94%80.5M55.88%77.25M54.77%74.52M
Deferred tax liabilities 115.57%6.5M-11.31%2.78M46.82%8.69M46.21%9.32M-65.87%3.02M-13.09%3.13M-26.06%5.92M5.41%6.37M27.59%8.84M24.29%3.61M
Long term deferred income 57.70%80.14M57.98%82.64M28.09%58.7M56.56%49.33M73.19%50.82M95.39%52.31M52.63%45.83M15.05%31.51M4.98%29.34M-6.11%26.77M
Lease liabilities -80.23%6.06M-57.78%9.16M569.90%14.91M364.10%16.95M508.18%30.64M297.54%21.68M-70.78%2.23M-64.89%3.65M-61.64%5.04M-61.22%5.45M
Total non current liabilities 8.13%401.12M-0.93%366.16M-12.33%314.76M-45.57%194.73M1.94%370.97M4.46%369.6M-6.34%359.02M-23.52%357.78M-11.55%363.92M3.19%353.81M
Total liabilities -0.25%4.07B2.36%4.52B4.63%4.37B24.79%4.34B9.90%4.08B15.18%4.42B16.64%4.17B9.84%3.48B27.37%3.71B27.45%3.84B
Shareholders equity
Paid-in capital -0.42%419.19M-0.42%419.19M0.00%420.96M0.00%420.96M0.00%420.96M0.00%420.96M0.00%420.96M11.11%420.96M11.11%420.96M11.11%420.96M
Capital reserve funds -1.89%2.03B-1.99%2.03B-0.83%2.05B-0.08%2.07B0.34%2.07B0.34%2.07B8.29%2.07B678.55%2.07B684.24%2.07B689.60%2.06B
Surplus reserve funds 33.97%176.81M33.97%176.81M32.96%131.98M32.96%131.98M32.96%131.98M32.96%131.98M186.60%99.26M186.60%99.26M186.60%99.26M186.60%99.26M
Retained profit 48.96%1.15B51.82%1.02B29.32%943.8M4.36%790.59M-15.31%769.53M-15.83%668.69M13.47%729.79M33.27%757.55M104.27%908.62M122.74%794.42M
Less:Treasury stock -59.38%20.99M-52.62%10.59M--57.27M--57.27M--51.69M--22.34M----------------
Other composite income -4,805.09%-2.98M-1,077.11%-2.8M-7,812.02%-1.52M-26,728.58%-716.84K---60.79K---237.72K--19.72K---2.67K--------
Shareholders equity without minority interests 12.21%3.75B10.94%3.63B5.14%3.49B0.18%3.35B-4.32%3.34B-3.21%3.27B10.29%3.32B168.20%3.35B211.56%3.49B227.52%3.38B
Minority interests -100.00%0.34-100.00%0.64-100.00%527.06-90.56%2M-84.52%2.7M-85.34%2.37M147.21%24.3M76.99%21.19M19.67%17.47M-4.60%16.19M
Total shareholder equity 12.12%3.75B10.86%3.63B4.38%3.49B-0.39%3.35B-4.72%3.35B-3.61%3.27B10.73%3.34B167.33%3.37B209.09%3.51B223.77%3.39B
Total liabilityies and equity 5.32%7.82B5.98%8.15B4.52%7.86B12.40%7.69B2.79%7.43B6.36%7.69B13.94%7.52B54.67%6.84B78.34%7.23B78.17%7.23B
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
Auditor ------------------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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