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Shenzhen Laibao Hi-Tech (002106)

Watchlist

10.64
+0.02+0.19%

Market Closed Apr 17 15:00 CST

7.51BMarket Cap30.66P/E (TTM)

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Shenzhen Laibao Hi-Tech (002106) Balance Sheet

All

YOY

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(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

(Q9)Sep 30, 2023

Assets

Current assets

Money funds

-51.89%2.09B

-57.89%2.43B

-35.56%3.64B

-15.88%3.83B

43.76%4.35B

93.98%5.77B

105.14%5.65B

60.89%4.56B

14.10%3.02B

15.29%2.97B

Transactional financial assets

----

2.26%26.2M

Notes receivable and accounts receivable

-5.65%1.32B

11.62%1.47B

24.97%1.61B

-2.22%1.36B

4.70%1.4B

-4.53%1.31B

-17.97%1.29B

2.18%1.39B

-3.85%1.34B

0.21%1.38B

-Accounts receivable

-5.65%1.32B

11.62%1.47B

24.97%1.61B

-2.22%1.36B

4.70%1.4B

-4.53%1.31B

-17.97%1.29B

2.18%1.39B

-3.85%1.34B

0.21%1.38B

Other receivables (including interest and dividends)

-52.40%2.64M

-47.34%3.62M

-44.40%3.65M

-44.95%3.65M

4.51%5.56M

2.71%6.88M

-5.99%6.56M

-7.76%6.63M

-22.16%5.32M

-12.31%6.7M

-Other receivable

-52.40%2.64M

----

-44.40%3.65M

----

4.51%5.56M

----

-5.99%6.56M

----

-22.16%5.32M

----

Advance payment

-33.15%4.94M

-42.50%5.21M

-24.87%4.51M

-35.54%5.6M

32.99%7.38M

16.87%9.06M

-28.70%6M

-43.18%8.69M

-21.88%5.55M

-25.87%7.76M

Inventories

-8.57%510.14M

11.49%581.76M

16.58%585.29M

-13.33%474.8M

-0.70%557.96M

-0.58%521.81M

-11.03%502.05M

2.66%547.81M

-3.95%561.92M

-36.66%524.86M

Receivable financing

-1.42%127.78M

4.98%96.62M

-7.33%89.29M

45.75%150.14M

79.23%129.62M

14.36%92.04M

38.16%96.36M

141.01%103.01M

176.41%72.32M

161.97%80.48M

Other current assets

971.59%651.68M

692.88%465.98M

112.80%105.69M

997.87%64.9M

199.50%60.81M

235.84%58.77M

128.59%49.67M

-78.12%5.91M

-15.93%20.31M

14.85%17.5M

Total current assets

-27.64%4.71B

-35.02%5.05B

-20.52%6.03B

-10.99%5.89B

29.49%6.51B

54.99%7.77B

51.32%7.59B

36.62%6.62B

6.58%5.03B

2.92%5.01B

Non Current assets

Other equity investment

0.00%36M

--36M

Long-term equity investment

37.40%25.05M

25.10%23.94M

17.60%21.09M

29.58%20.6M

24.53%18.23M

31.97%19.14M

41.07%17.94M

38.37%15.9M

9.30%14.64M

31.25%14.5M

Fixed assets

6.91%1.23B

----

0.50%1.21B

----

18.26%1.15B

----

41.74%1.2B

----

11.18%970.03M

----

Constru in process

3,999.76%5.04B

----

267.87%387.28M

----

-68.70%122.83M

----

-77.41%105.27M

----

-1.55%392.39M

----

Intangible assets

-3.76%96.09M

12.45%113.63M

12.27%114.81M

-4.68%98.63M

-4.63%99.84M

-4.45%101.05M

-4.40%102.26M

20.23%103.47M

20.63%104.69M

20.86%105.76M

Long deferred expense

-10.24%46.57M

2.85%44.63M

3.94%47.58M

-0.23%48.65M

0.07%51.88M

35.50%43.4M

39.52%45.78M

47.68%48.76M

49.36%51.85M

-10.52%32.03M

Deferred tax assets

39.26%129.5M

59.15%113.23M

29.31%100.23M

26.29%92.51M

24.55%92.99M

-6.20%71.15M

1.85%77.51M

-0.21%73.25M

4.35%74.66M

2.07%75.85M

Usufruct assets

-57.14%4.93M

-50.00%6.57M

-44.44%8.21M

-40.00%9.85M

-36.36%11.49M

-36.29%13.13M

-33.70%14.78M

-31.47%16.42M

-29.54%18.06M

-24.49%20.62M

Other non current assets

-94.18%79.04M

13,649.33%1.65B

31,483.45%1.71B

10,623.17%1.72B

7,442.41%1.36B

-44.66%12M

-77.53%5.41M

-37.48%16.07M

-36.76%18M

-5.40%21.68M

Total non current assets

127.34%6.68B

243.85%5.39B

125.89%3.63B

102.68%3.32B

74.85%2.94B

-4.86%1.57B

-1.09%1.61B

8.02%1.64B

9.71%1.68B

18.60%1.65B

Total assets

20.56%11.39B

11.80%10.44B

5.06%9.67B

11.54%9.21B

40.85%9.45B

40.19%9.34B

38.50%9.2B

29.81%8.26B

7.35%6.71B

6.40%6.66B

Liabilities

Current liabilities

Notes payable and accounts payable

32.49%1.3B

27.61%1.27B

19.31%1.11B

-24.52%729.75M

0.62%982.26M

-2.35%995.76M

-18.33%930.26M

6.48%966.83M

24.01%976.25M

29.09%1.02B

-Notes payable

20.99%62.36M

-11.05%55.49M

-25.57%49.23M

-30.44%46.18M

-14.75%51.54M

26.94%62.39M

83.72%66.14M

112.11%66.39M

25.61%60.45M

-22.04%49.15M

-Accounts payable

33.12%1.24B

30.20%1.22B

22.74%1.06B

-24.09%683.57M

1.63%930.72M

-3.84%933.38M

-21.66%864.11M

2.71%900.44M

23.90%915.8M

33.52%970.63M

Contract liabilities

-10.84%6.88M

-28.13%7.31M

-12.88%7.32M

-6.20%7.25M

-7.31%7.71M

1.24%10.18M

-11.80%8.41M

-19.08%7.73M

-16.71%8.32M

-14.97%10.05M

Advance receipts

-2.03%15.79M

1.07%15.37M

2.37%16.09M

0.95%15.36M

2.63%16.12M

-3.40%15.21M

-0.07%15.72M

-3.40%15.21M

-0.11%15.71M

2,944.13%15.74M

Salaries payable

-2.48%184.34M

16.82%169.83M

20.87%151.02M

23.79%145.83M

10.29%189.02M

3.56%145.38M

4.75%124.94M

-5.30%117.8M

16.93%171.38M

-5.13%140.38M

Taxs payable

-30.80%21.28M

2.27%39.75M

-65.20%29.42M

-34.94%25.76M

-24.15%30.75M

1.93%38.87M

173.51%84.54M

17.76%39.6M

7.84%40.54M

-27.67%38.13M

Other payable (including interest and dividends)

20.64%11.01M

4.25%12.41M

26.00%12.93M

4.49%10.86M

1.17%9.13M

55.91%11.91M

-10.33%10.26M

-8.56%10.39M

0.37%9.02M

-72.03%7.64M

-Interest payable

----

--387.63K

--23.71K

----

-Other payable

20.64%11.01M

----

25.77%12.91M

----

1.17%9.13M

----

-10.33%10.26M

----

0.37%9.02M

----

Non current liabilities due within one year

105.24%23.06M

-14.58%9.51M

-14.57%9.43M

3.67%11.34M

3.67%11.24M

-0.45%11.13M

-0.39%11.03M

64.24%10.94M

64.33%10.84M

76.25%11.18M

Other current liabilities

-33.11%232.61K

-50.95%290.12K

-28.29%303.49K

-18.87%294.93K

28.31%347.74K

194.13%591.52K

87.13%423.21K

9.39%363.51K

-30.82%271.01K

-63.73%201.11K

Total current liabilities

25.46%1.56B

24.10%1.53B

12.72%1.34B

-19.03%946.44M

1.16%1.25B

-1.13%1.23B

-11.34%1.19B

5.34%1.17B

21.64%1.23B

19.85%1.24B

Current liabilities

Long term loan

--1.45B

--563.92M

--16.95M

----

Long term account payable

3.92%2.15B

----

3.74%2.11B

----

15,644.47%2.07B

----

15,681.65%2.04B

----

--13.17M

----

Long term salaries pay

-51.33%44.83M

-46.70%44.83M

-37.15%64.32M

-34.46%64.32M

-16.14%92.09M

-29.59%84.09M

-3.46%102.34M

0.88%98.14M

13.73%109.82M

32.88%119.43M

Long term deferred income

-6.24%106.51M

-2.30%106.3M

-2.73%108.94M

-4.24%110.42M

-4.27%113.59M

-12.47%108.8M

-12.27%112M

-12.02%115.32M

-11.76%118.66M

-9.83%124.3M

Lease liabilities

----

-92.17%576.86K

-74.57%2.3M

-57.12%4.58M

-53.76%5.69M

-48.45%7.37M

-46.00%9.03M

-39.74%10.68M

-36.56%12.32M

-32.78%14.3M

Total non current liabilities

64.22%3.75B

26.19%2.85B

2.01%2.31B

56.94%2.27B

799.61%2.28B

733.25%2.26B

759.05%2.26B

488.45%1.45B

1.40%253.96M

8.86%271.07M

Total liabilities

50.54%5.32B

25.46%4.38B

5.69%3.64B

23.00%3.22B

137.59%3.53B

130.34%3.49B

115.40%3.45B

93.03%2.62B

17.63%1.49B

17.72%1.51B

Shareholders equity

Paid-in capital

0.00%705.82M

Capital reserve funds

0.00%2.04B

Surplus reserve funds

5.85%601.5M

31.38%568.23M

9.86%432.52M

11.22%393.71M

Retained profit

6.35%2.36B

3.98%2.38B

6.34%2.33B

0.87%2.3B

2.88%2.22B

7.85%2.29B

8.62%2.2B

14.71%2.28B

9.98%2.16B

6.66%2.13B

Other composite income

-2.62%-124.8M

0.97%-123.04M

0.15%-122.11M

0.83%-121.77M

1.10%-121.61M

-2.24%-124.24M

-1.01%-122.29M

2.05%-122.78M

1.03%-122.96M

0.17%-121.52M

Shareholders equity without minority interests

3.17%5.58B

4.27%5.57B

5.24%5.52B

2.94%5.49B

3.82%5.41B

3.95%5.35B

4.21%5.25B

6.67%5.33B

4.74%5.21B

3.47%5.14B

Minority interests

-2.68%488.22M

-2.81%492.67M

-1.05%499.31M

63.39%501.07M

8,136.60%501.66M

8,256.03%506.89M

8,352.64%504.61M

5,221.22%306.66M

4.98%6.09M

7.41%6.07M

Total shareholder equity

2.67%6.07B

3.66%6.07B

4.69%6.02B

6.23%5.99B

13.31%5.91B

13.67%5.85B

14.09%5.75B

12.68%5.64B

4.74%5.22B

3.48%5.15B

Total liabilityies and equity

20.56%11.39B

11.80%10.44B

5.06%9.67B

11.54%9.21B

40.85%9.45B

40.19%9.34B

38.50%9.2B

29.81%8.26B

7.35%6.71B

6.40%6.66B

Currency Unit

CNY

Accounting Standards

CAS (2007)

Audit Opinions

Unqualified opinion

Auditor

Tianjian Certified Public Accountants (Special General Partnership)

	(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	(Q9)Sep 30, 2023
Assets
Current assets
Money funds	-51.89%2.09B	-57.89%2.43B	-35.56%3.64B	-15.88%3.83B	43.76%4.35B	93.98%5.77B	105.14%5.65B	60.89%4.56B	14.10%3.02B	15.29%2.97B
Transactional financial assets	----	----	----	----	----	----	----	----	----	2.26%26.2M
Notes receivable and accounts receivable	-5.65%1.32B	11.62%1.47B	24.97%1.61B	-2.22%1.36B	4.70%1.4B	-4.53%1.31B	-17.97%1.29B	2.18%1.39B	-3.85%1.34B	0.21%1.38B
-Accounts receivable	-5.65%1.32B	11.62%1.47B	24.97%1.61B	-2.22%1.36B	4.70%1.4B	-4.53%1.31B	-17.97%1.29B	2.18%1.39B	-3.85%1.34B	0.21%1.38B
Other receivables (including interest and dividends)	-52.40%2.64M	-47.34%3.62M	-44.40%3.65M	-44.95%3.65M	4.51%5.56M	2.71%6.88M	-5.99%6.56M	-7.76%6.63M	-22.16%5.32M	-12.31%6.7M
-Other receivable	-52.40%2.64M	----	-44.40%3.65M	----	4.51%5.56M	----	-5.99%6.56M	----	-22.16%5.32M	----
Advance payment	-33.15%4.94M	-42.50%5.21M	-24.87%4.51M	-35.54%5.6M	32.99%7.38M	16.87%9.06M	-28.70%6M	-43.18%8.69M	-21.88%5.55M	-25.87%7.76M
Inventories	-8.57%510.14M	11.49%581.76M	16.58%585.29M	-13.33%474.8M	-0.70%557.96M	-0.58%521.81M	-11.03%502.05M	2.66%547.81M	-3.95%561.92M	-36.66%524.86M
Receivable financing	-1.42%127.78M	4.98%96.62M	-7.33%89.29M	45.75%150.14M	79.23%129.62M	14.36%92.04M	38.16%96.36M	141.01%103.01M	176.41%72.32M	161.97%80.48M
Other current assets	971.59%651.68M	692.88%465.98M	112.80%105.69M	997.87%64.9M	199.50%60.81M	235.84%58.77M	128.59%49.67M	-78.12%5.91M	-15.93%20.31M	14.85%17.5M
Total current assets	-27.64%4.71B	-35.02%5.05B	-20.52%6.03B	-10.99%5.89B	29.49%6.51B	54.99%7.77B	51.32%7.59B	36.62%6.62B	6.58%5.03B	2.92%5.01B
Non Current assets
Other equity investment	0.00%36M	0.00%36M	0.00%36M	0.00%36M	0.00%36M	0.00%36M	0.00%36M	--36M	--36M	--36M
Long-term equity investment	37.40%25.05M	25.10%23.94M	17.60%21.09M	29.58%20.6M	24.53%18.23M	31.97%19.14M	41.07%17.94M	38.37%15.9M	9.30%14.64M	31.25%14.5M
Fixed assets	6.91%1.23B	----	0.50%1.21B	----	18.26%1.15B	----	41.74%1.2B	----	11.18%970.03M	----
Constru in process	3,999.76%5.04B	----	267.87%387.28M	----	-68.70%122.83M	----	-77.41%105.27M	----	-1.55%392.39M	----
Intangible assets	-3.76%96.09M	12.45%113.63M	12.27%114.81M	-4.68%98.63M	-4.63%99.84M	-4.45%101.05M	-4.40%102.26M	20.23%103.47M	20.63%104.69M	20.86%105.76M
Long deferred expense	-10.24%46.57M	2.85%44.63M	3.94%47.58M	-0.23%48.65M	0.07%51.88M	35.50%43.4M	39.52%45.78M	47.68%48.76M	49.36%51.85M	-10.52%32.03M
Deferred tax assets	39.26%129.5M	59.15%113.23M	29.31%100.23M	26.29%92.51M	24.55%92.99M	-6.20%71.15M	1.85%77.51M	-0.21%73.25M	4.35%74.66M	2.07%75.85M
Usufruct assets	-57.14%4.93M	-50.00%6.57M	-44.44%8.21M	-40.00%9.85M	-36.36%11.49M	-36.29%13.13M	-33.70%14.78M	-31.47%16.42M	-29.54%18.06M	-24.49%20.62M
Other non current assets	-94.18%79.04M	13,649.33%1.65B	31,483.45%1.71B	10,623.17%1.72B	7,442.41%1.36B	-44.66%12M	-77.53%5.41M	-37.48%16.07M	-36.76%18M	-5.40%21.68M
Total non current assets	127.34%6.68B	243.85%5.39B	125.89%3.63B	102.68%3.32B	74.85%2.94B	-4.86%1.57B	-1.09%1.61B	8.02%1.64B	9.71%1.68B	18.60%1.65B
Total assets	20.56%11.39B	11.80%10.44B	5.06%9.67B	11.54%9.21B	40.85%9.45B	40.19%9.34B	38.50%9.2B	29.81%8.26B	7.35%6.71B	6.40%6.66B
Liabilities
Current liabilities
Notes payable and accounts payable	32.49%1.3B	27.61%1.27B	19.31%1.11B	-24.52%729.75M	0.62%982.26M	-2.35%995.76M	-18.33%930.26M	6.48%966.83M	24.01%976.25M	29.09%1.02B
-Notes payable	20.99%62.36M	-11.05%55.49M	-25.57%49.23M	-30.44%46.18M	-14.75%51.54M	26.94%62.39M	83.72%66.14M	112.11%66.39M	25.61%60.45M	-22.04%49.15M
-Accounts payable	33.12%1.24B	30.20%1.22B	22.74%1.06B	-24.09%683.57M	1.63%930.72M	-3.84%933.38M	-21.66%864.11M	2.71%900.44M	23.90%915.8M	33.52%970.63M
Contract liabilities	-10.84%6.88M	-28.13%7.31M	-12.88%7.32M	-6.20%7.25M	-7.31%7.71M	1.24%10.18M	-11.80%8.41M	-19.08%7.73M	-16.71%8.32M	-14.97%10.05M
Advance receipts	-2.03%15.79M	1.07%15.37M	2.37%16.09M	0.95%15.36M	2.63%16.12M	-3.40%15.21M	-0.07%15.72M	-3.40%15.21M	-0.11%15.71M	2,944.13%15.74M
Salaries payable	-2.48%184.34M	16.82%169.83M	20.87%151.02M	23.79%145.83M	10.29%189.02M	3.56%145.38M	4.75%124.94M	-5.30%117.8M	16.93%171.38M	-5.13%140.38M
Taxs payable	-30.80%21.28M	2.27%39.75M	-65.20%29.42M	-34.94%25.76M	-24.15%30.75M	1.93%38.87M	173.51%84.54M	17.76%39.6M	7.84%40.54M	-27.67%38.13M
Other payable (including interest and dividends)	20.64%11.01M	4.25%12.41M	26.00%12.93M	4.49%10.86M	1.17%9.13M	55.91%11.91M	-10.33%10.26M	-8.56%10.39M	0.37%9.02M	-72.03%7.64M
-Interest payable	----	--387.63K	--23.71K	----	----	----	----	----	----	----
-Other payable	20.64%11.01M	----	25.77%12.91M	----	1.17%9.13M	----	-10.33%10.26M	----	0.37%9.02M	----
Non current liabilities due within one year	105.24%23.06M	-14.58%9.51M	-14.57%9.43M	3.67%11.34M	3.67%11.24M	-0.45%11.13M	-0.39%11.03M	64.24%10.94M	64.33%10.84M	76.25%11.18M
Other current liabilities	-33.11%232.61K	-50.95%290.12K	-28.29%303.49K	-18.87%294.93K	28.31%347.74K	194.13%591.52K	87.13%423.21K	9.39%363.51K	-30.82%271.01K	-63.73%201.11K
Total current liabilities	25.46%1.56B	24.10%1.53B	12.72%1.34B	-19.03%946.44M	1.16%1.25B	-1.13%1.23B	-11.34%1.19B	5.34%1.17B	21.64%1.23B	19.85%1.24B
Current liabilities
Long term loan	--1.45B	--563.92M	--16.95M	----	----	----	----	----	----	----
Long term account payable	3.92%2.15B	----	3.74%2.11B	----	15,644.47%2.07B	----	15,681.65%2.04B	----	--13.17M	----
Long term salaries pay	-51.33%44.83M	-46.70%44.83M	-37.15%64.32M	-34.46%64.32M	-16.14%92.09M	-29.59%84.09M	-3.46%102.34M	0.88%98.14M	13.73%109.82M	32.88%119.43M
Long term deferred income	-6.24%106.51M	-2.30%106.3M	-2.73%108.94M	-4.24%110.42M	-4.27%113.59M	-12.47%108.8M	-12.27%112M	-12.02%115.32M	-11.76%118.66M	-9.83%124.3M
Lease liabilities	----	-92.17%576.86K	-74.57%2.3M	-57.12%4.58M	-53.76%5.69M	-48.45%7.37M	-46.00%9.03M	-39.74%10.68M	-36.56%12.32M	-32.78%14.3M
Total non current liabilities	64.22%3.75B	26.19%2.85B	2.01%2.31B	56.94%2.27B	799.61%2.28B	733.25%2.26B	759.05%2.26B	488.45%1.45B	1.40%253.96M	8.86%271.07M
Total liabilities	50.54%5.32B	25.46%4.38B	5.69%3.64B	23.00%3.22B	137.59%3.53B	130.34%3.49B	115.40%3.45B	93.03%2.62B	17.63%1.49B	17.72%1.51B
Shareholders equity
Paid-in capital	0.00%705.82M	0.00%705.82M	0.00%705.82M	0.00%705.82M	0.00%705.82M	0.00%705.82M	0.00%705.82M	0.00%705.82M	0.00%705.82M	0.00%705.82M
Capital reserve funds	0.00%2.04B	0.00%2.04B	0.00%2.04B	0.00%2.04B	0.00%2.04B	0.00%2.04B	0.00%2.04B	0.00%2.04B	0.00%2.04B	0.00%2.04B
Surplus reserve funds	5.85%601.5M	31.38%568.23M	31.38%568.23M	31.38%568.23M	31.38%568.23M	9.86%432.52M	9.86%432.52M	9.86%432.52M	9.86%432.52M	11.22%393.71M
Retained profit	6.35%2.36B	3.98%2.38B	6.34%2.33B	0.87%2.3B	2.88%2.22B	7.85%2.29B	8.62%2.2B	14.71%2.28B	9.98%2.16B	6.66%2.13B
Other composite income	-2.62%-124.8M	0.97%-123.04M	0.15%-122.11M	0.83%-121.77M	1.10%-121.61M	-2.24%-124.24M	-1.01%-122.29M	2.05%-122.78M	1.03%-122.96M	0.17%-121.52M
Shareholders equity without minority interests	3.17%5.58B	4.27%5.57B	5.24%5.52B	2.94%5.49B	3.82%5.41B	3.95%5.35B	4.21%5.25B	6.67%5.33B	4.74%5.21B	3.47%5.14B
Minority interests	-2.68%488.22M	-2.81%492.67M	-1.05%499.31M	63.39%501.07M	8,136.60%501.66M	8,256.03%506.89M	8,352.64%504.61M	5,221.22%306.66M	4.98%6.09M	7.41%6.07M
Total shareholder equity	2.67%6.07B	3.66%6.07B	4.69%6.02B	6.23%5.99B	13.31%5.91B	13.67%5.85B	14.09%5.75B	12.68%5.64B	4.74%5.22B	3.48%5.15B
Total liabilityies and equity	20.56%11.39B	11.80%10.44B	5.06%9.67B	11.54%9.21B	40.85%9.45B	40.19%9.34B	38.50%9.2B	29.81%8.26B	7.35%6.71B	6.40%6.66B
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)	--

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 April 17, the Iranian foreign minister announced the opening of the Strait of Hormuz to merchant ships, and Trump immediately posted a me 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