CN Stock MarketDetailed Quotes

Rendong Holdings Group (002647)

Watchlist
  • 10.49
  • +0.37+3.66%
Market Closed Apr 17 15:00 CST
11.86BMarket Cap32.99P/E (TTM)

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Rendong Holdings Group (002647) Balance Sheet

All
YOY yoy
Hide blank lines yoy
(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
43.27%4.41B
17.69%3.9B
57.46%4.2B
23.55%3.59B
10.93%3.08B
25.26%3.31B
11.95%2.67B
20.66%2.91B
-7.17%2.77B
43.08%2.64B
Notes receivable and accounts receivable
-84.23%14.29M
-72.15%20.91M
-78.24%19.16M
-4.17%77.67M
49.31%90.63M
38.71%75.07M
52.32%88.06M
29.95%81.05M
-9.06%60.7M
-52.89%54.12M
-Accounts receivable
-84.23%14.29M
-72.15%20.91M
-78.24%19.16M
-4.17%77.67M
49.31%90.63M
38.71%75.07M
52.32%88.06M
29.95%81.05M
-9.06%60.7M
-52.89%54.12M
Other receivables (including interest and dividends)
-83.59%20.67M
225.51%53.98M
259.68%60.28M
238.66%63.87M
423.24%125.91M
-27.03%16.58M
-39.79%16.76M
-60.52%18.86M
-49.72%24.06M
22.89%22.73M
-Other receivable
-83.59%20.67M
----
259.68%60.28M
----
423.24%125.91M
----
-39.79%16.76M
----
-49.72%24.06M
----
Advance payment
-74.23%4.69M
-41.18%5.26M
-77.40%6.81M
-52.46%15.98M
-6.92%18.2M
-59.35%8.94M
52.63%30.15M
85.11%33.61M
150.24%19.55M
172.08%21.98M
Non-current assets due within one year
----
----
----
-37.96%8.84M
-44.95%8.74M
-52.12%9.09M
-69.77%7.69M
-48.38%14.25M
-40.58%15.88M
-53.69%18.99M
Other current assets
-66.11%21.04M
-69.88%21.76M
-75.59%21.42M
-44.73%51.57M
-42.84%62.08M
-28.03%72.26M
3.55%87.72M
-0.37%93.3M
24.89%108.62M
23.52%100.4M
Total current assets
32.13%4.47B
14.47%4B
48.66%4.31B
21.01%3.81B
12.65%3.38B
22.07%3.49B
11.53%2.9B
18.40%3.15B
-6.87%3B
35.52%2.86B
Non Current assets
Other equity investment
-44.64%119.37M
-25.44%212.23M
-58.75%117.4M
-30.13%215.63M
-29.91%215.63M
-10.77%284.63M
-10.77%284.63M
-3.24%308.63M
-3.56%307.63M
-6.36%318.98M
Long term receivable account
----
----
----
-56.56%14.92M
-57.67%14.98M
-14.74%42.72M
31.23%42.64M
-7.10%34.35M
-26.48%35.39M
17.61%50.11M
Fixed assets
-52.60%6.17M
----
-88.50%10.32M
----
-89.49%13.02M
----
-58.47%89.71M
----
-45.30%123.91M
----
Intangible assets
-64.20%543.93K
472.76%1.16M
359.48%1.18M
52.39%1.27M
-38.16%1.52M
-95.04%202.26K
-95.39%255.98K
-88.38%833.03K
-72.10%2.46M
-64.22%4.08M
Goodwill
0.00%894.36M
-0.21%894.36M
-0.21%894.36M
0.00%894.36M
0.00%894.36M
0.21%896.21M
0.21%896.21M
0.00%894.36M
0.00%894.36M
0.00%894.36M
Long deferred expense
163.09%186.71K
1,131.11%969K
--488.76K
--63.23K
--70.97K
--78.71K
----
----
----
----
Deferred tax assets
-94.15%2.68M
-14.67%34.88M
-14.62%34.94M
12.56%45.67M
12.26%45.73M
6.46%40.87M
6.59%40.93M
5.39%40.58M
-7.88%40.73M
13.65%38.39M
Usufruct assets
-14.05%12.48M
-49.29%8.23M
-45.09%10.19M
-33.47%12.11M
-27.86%14.52M
-13.39%16.24M
12.37%18.56M
-53.67%18.2M
-53.42%20.13M
-60.23%18.75M
Other non current assets
----
--990K
--1.16M
----
----
----
----
----
----
0.00%905.33K
Total non current assets
-13.67%1.04B
-14.31%1.16B
-22.06%1.07B
-14.78%1.2B
-15.78%1.2B
-11.55%1.36B
-9.99%1.37B
-10.56%1.4B
-10.64%1.42B
-7.23%1.53B
Total assets
20.14%5.51B
6.43%5.16B
25.93%5.38B
9.97%5B
3.50%4.58B
10.34%4.85B
3.57%4.27B
7.65%4.55B
-8.12%4.43B
16.75%4.39B
Liabilities
Current liabilities
Short term loan
----
----
----
----
-0.68%174.81M
-2.38%172.69M
-2.99%172.69M
-3.47%172.99M
-2.33%176.01M
-1.99%176.91M
Notes payable and accounts payable
-35.03%68.13M
-38.44%71.54M
-41.45%89.33M
-49.32%99.45M
-52.70%104.86M
-46.74%116.22M
-21.46%152.57M
0.71%196.21M
14.88%221.7M
-19.80%218.21M
-Accounts payable
-35.03%68.13M
-38.44%71.54M
-41.45%89.33M
-49.32%99.45M
-52.70%104.86M
-46.74%116.22M
-21.46%152.57M
0.71%196.21M
14.88%221.7M
-19.80%218.21M
Contract liabilities
-19.79%256.31K
534.78%2.87M
213.22%1.74M
-18.99%719.69K
-61.97%319.56K
-78.88%451.56K
-71.67%556.65K
-40.01%888.39K
157.85%840.21K
1,237.13%2.14M
Salaries payable
-1.71%27.61M
-0.40%10.28M
0.35%10.23M
-7.11%11.14M
23.83%28.1M
-1.58%10.32M
-2.11%10.19M
-5.83%11.99M
-44.51%22.69M
-6.06%10.49M
Taxs payable
-28.08%17.42M
56.33%13.85M
-83.33%7.23M
55.58%20.44M
266.76%24.22M
93.15%8.86M
665.13%43.37M
8.63%13.14M
-17.48%6.61M
-61.03%4.59M
Other payable (including interest and dividends)
-82.83%134.71M
-65.16%280.39M
-74.38%234.07M
-74.54%211.37M
-0.10%784.79M
-7.66%804.86M
8.89%913.72M
-0.71%830.2M
1.28%785.58M
29.46%871.62M
-Interest payable
-89.66%43.06M
-90.67%46.11M
-89.82%46.11M
-88.86%46.11M
11.41%416.59M
54.04%494.09M
59.75%452.97M
58.90%413.75M
68.86%373.93M
94.28%320.76M
-Other payable
-75.11%91.65M
----
-59.21%187.96M
----
-10.55%368.21M
----
-17.06%460.75M
----
-25.73%411.65M
----
Non current liabilities due within one year
-95.96%27.73M
-96.50%23.84M
-96.28%25.38M
-99.01%6.77M
0.12%686.01M
-1.48%680.63M
-0.94%682.67M
-2.62%683.96M
-2.41%685.19M
-1.73%690.83M
Other current liabilities
43.67%3.84B
12.46%3.27B
55.14%3.54B
17.41%2.96B
12.10%2.67B
27.33%2.91B
12.95%2.28B
23.26%2.52B
-9.64%2.38B
45.91%2.29B
Total current liabilities
-8.05%4.12B
-21.87%3.68B
-8.19%3.91B
-25.26%3.31B
4.51%4.48B
10.42%4.7B
8.10%4.26B
11.21%4.43B
-5.64%4.28B
24.63%4.26B
Current liabilities
Long term loan
--39.41M
--39.41M
--39.41M
----
----
----
----
----
----
----
Estimate liabilities
-0.91%738.7M
27,486.89%738.7M
26,715.34%738.85M
--745.5M
--745.5M
--2.68M
--2.76M
----
----
----
Deferred tax liabilities
-32.78%2.83M
-83.02%2.88M
-82.63%2.96M
-75.10%4.15M
-75.09%4.21M
149.68%16.96M
142.16%17.02M
129.25%16.66M
24.60%16.89M
355.54%6.79M
Lease liabilities
-50.26%3.63M
-77.68%3.26M
-75.54%3.59M
-46.96%7.06M
-47.24%7.31M
0.45%14.62M
4.18%14.69M
-38.74%13.32M
-47.35%13.85M
-52.77%14.55M
Total non current liabilities
3.64%784.58M
2,189.17%784.26M
2,176.75%784.82M
2,424.34%756.71M
2,362.50%757.01M
60.50%34.26M
63.12%34.47M
-1.97%29.98M
-25.80%30.74M
-33.92%21.35M
Total liabilities
-6.36%4.9B
-5.88%4.46B
9.35%4.7B
-8.81%4.07B
21.31%5.23B
10.67%4.74B
8.39%4.29B
11.11%4.46B
-5.82%4.31B
24.08%4.28B
Shareholders equity
Paid-in capital
101.86%1.13B
101.86%1.13B
101.86%1.13B
101.86%1.13B
0.00%559.94M
0.00%559.94M
0.00%559.94M
0.00%559.94M
0.00%559.94M
0.00%559.94M
Capital reserve funds
124.49%1.01B
116.67%978.94M
236.24%978.94M
236.24%978.94M
55.19%451.81M
136.38%451.81M
52.32%291.14M
52.32%291.14M
52.32%291.14M
0.00%191.14M
Surplus reserve funds
0.00%43.54M
0.00%43.54M
0.00%43.54M
0.00%43.54M
0.00%43.54M
0.00%43.54M
0.00%43.54M
0.00%43.54M
0.00%43.54M
0.00%43.54M
Retained profit
13.85%-1.32B
-38.28%-1.17B
-45.73%-1.19B
-43.60%-1.05B
-118.57%-1.54B
-37.15%-845.34M
-44.27%-815.81M
-41.15%-731.63M
-44.20%-702.53M
-42.03%-616.36M
Other composite income
-35.11%-303.49M
-110.77%-328.07M
-107.45%-322.83M
-70.62%-224.56M
-70.66%-224.62M
-29.41%-155.65M
-29.39%-155.62M
-9.43%-131.62M
-9.43%-131.62M
-21.96%-120.28M
Ordinary risk reserve funds
----
----
----
----
----
----
----
----
----
0.00%3.77K
Shareholders equity without minority interests
179.70%561.74M
1,107.65%655.73M
934.70%641.06M
2,697.09%877.6M
-1,265.47%-704.84M
-6.37%54.3M
-170.53%-76.8M
-79.89%31.38M
-67.69%60.48M
-77.87%57.99M
Minority interests
-19.77%44.74M
-19.73%45.21M
-21.25%43.48M
1.75%56.91M
2.07%55.77M
2.53%56.32M
1.03%55.2M
3.77%55.93M
3.87%54.64M
6.93%54.93M
Total shareholder equity
193.44%606.48M
533.63%700.94M
3,269.52%684.53M
970.38%934.51M
-663.85%-649.07M
-2.04%110.62M
-113.21%-21.6M
-58.41%87.31M
-51.99%115.11M
-63.97%112.93M
Total liabilityies and equity
20.14%5.51B
6.43%5.16B
25.93%5.38B
9.97%5B
3.50%4.58B
10.34%4.85B
3.57%4.27B
7.65%4.55B
-8.12%4.43B
16.75%4.39B
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
LianDa Certified Public Accountants (Special General Partnership)
--
--
--
Zhongxing Cai Guanghua Certified Public Accountants (Special General Partnership)
--
--
--
Zhongxing Cai Guanghua 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 43.27%4.41B17.69%3.9B57.46%4.2B23.55%3.59B10.93%3.08B25.26%3.31B11.95%2.67B20.66%2.91B-7.17%2.77B43.08%2.64B
Notes receivable and accounts receivable -84.23%14.29M-72.15%20.91M-78.24%19.16M-4.17%77.67M49.31%90.63M38.71%75.07M52.32%88.06M29.95%81.05M-9.06%60.7M-52.89%54.12M
-Accounts receivable -84.23%14.29M-72.15%20.91M-78.24%19.16M-4.17%77.67M49.31%90.63M38.71%75.07M52.32%88.06M29.95%81.05M-9.06%60.7M-52.89%54.12M
Other receivables (including interest and dividends) -83.59%20.67M225.51%53.98M259.68%60.28M238.66%63.87M423.24%125.91M-27.03%16.58M-39.79%16.76M-60.52%18.86M-49.72%24.06M22.89%22.73M
-Other receivable -83.59%20.67M----259.68%60.28M----423.24%125.91M-----39.79%16.76M-----49.72%24.06M----
Advance payment -74.23%4.69M-41.18%5.26M-77.40%6.81M-52.46%15.98M-6.92%18.2M-59.35%8.94M52.63%30.15M85.11%33.61M150.24%19.55M172.08%21.98M
Non-current assets due within one year -------------37.96%8.84M-44.95%8.74M-52.12%9.09M-69.77%7.69M-48.38%14.25M-40.58%15.88M-53.69%18.99M
Other current assets -66.11%21.04M-69.88%21.76M-75.59%21.42M-44.73%51.57M-42.84%62.08M-28.03%72.26M3.55%87.72M-0.37%93.3M24.89%108.62M23.52%100.4M
Total current assets 32.13%4.47B14.47%4B48.66%4.31B21.01%3.81B12.65%3.38B22.07%3.49B11.53%2.9B18.40%3.15B-6.87%3B35.52%2.86B
Non Current assets
Other equity investment -44.64%119.37M-25.44%212.23M-58.75%117.4M-30.13%215.63M-29.91%215.63M-10.77%284.63M-10.77%284.63M-3.24%308.63M-3.56%307.63M-6.36%318.98M
Long term receivable account -------------56.56%14.92M-57.67%14.98M-14.74%42.72M31.23%42.64M-7.10%34.35M-26.48%35.39M17.61%50.11M
Fixed assets -52.60%6.17M-----88.50%10.32M-----89.49%13.02M-----58.47%89.71M-----45.30%123.91M----
Intangible assets -64.20%543.93K472.76%1.16M359.48%1.18M52.39%1.27M-38.16%1.52M-95.04%202.26K-95.39%255.98K-88.38%833.03K-72.10%2.46M-64.22%4.08M
Goodwill 0.00%894.36M-0.21%894.36M-0.21%894.36M0.00%894.36M0.00%894.36M0.21%896.21M0.21%896.21M0.00%894.36M0.00%894.36M0.00%894.36M
Long deferred expense 163.09%186.71K1,131.11%969K--488.76K--63.23K--70.97K--78.71K----------------
Deferred tax assets -94.15%2.68M-14.67%34.88M-14.62%34.94M12.56%45.67M12.26%45.73M6.46%40.87M6.59%40.93M5.39%40.58M-7.88%40.73M13.65%38.39M
Usufruct assets -14.05%12.48M-49.29%8.23M-45.09%10.19M-33.47%12.11M-27.86%14.52M-13.39%16.24M12.37%18.56M-53.67%18.2M-53.42%20.13M-60.23%18.75M
Other non current assets ------990K--1.16M------------------------0.00%905.33K
Total non current assets -13.67%1.04B-14.31%1.16B-22.06%1.07B-14.78%1.2B-15.78%1.2B-11.55%1.36B-9.99%1.37B-10.56%1.4B-10.64%1.42B-7.23%1.53B
Total assets 20.14%5.51B6.43%5.16B25.93%5.38B9.97%5B3.50%4.58B10.34%4.85B3.57%4.27B7.65%4.55B-8.12%4.43B16.75%4.39B
Liabilities
Current liabilities
Short term loan -----------------0.68%174.81M-2.38%172.69M-2.99%172.69M-3.47%172.99M-2.33%176.01M-1.99%176.91M
Notes payable and accounts payable -35.03%68.13M-38.44%71.54M-41.45%89.33M-49.32%99.45M-52.70%104.86M-46.74%116.22M-21.46%152.57M0.71%196.21M14.88%221.7M-19.80%218.21M
-Accounts payable -35.03%68.13M-38.44%71.54M-41.45%89.33M-49.32%99.45M-52.70%104.86M-46.74%116.22M-21.46%152.57M0.71%196.21M14.88%221.7M-19.80%218.21M
Contract liabilities -19.79%256.31K534.78%2.87M213.22%1.74M-18.99%719.69K-61.97%319.56K-78.88%451.56K-71.67%556.65K-40.01%888.39K157.85%840.21K1,237.13%2.14M
Salaries payable -1.71%27.61M-0.40%10.28M0.35%10.23M-7.11%11.14M23.83%28.1M-1.58%10.32M-2.11%10.19M-5.83%11.99M-44.51%22.69M-6.06%10.49M
Taxs payable -28.08%17.42M56.33%13.85M-83.33%7.23M55.58%20.44M266.76%24.22M93.15%8.86M665.13%43.37M8.63%13.14M-17.48%6.61M-61.03%4.59M
Other payable (including interest and dividends) -82.83%134.71M-65.16%280.39M-74.38%234.07M-74.54%211.37M-0.10%784.79M-7.66%804.86M8.89%913.72M-0.71%830.2M1.28%785.58M29.46%871.62M
-Interest payable -89.66%43.06M-90.67%46.11M-89.82%46.11M-88.86%46.11M11.41%416.59M54.04%494.09M59.75%452.97M58.90%413.75M68.86%373.93M94.28%320.76M
-Other payable -75.11%91.65M-----59.21%187.96M-----10.55%368.21M-----17.06%460.75M-----25.73%411.65M----
Non current liabilities due within one year -95.96%27.73M-96.50%23.84M-96.28%25.38M-99.01%6.77M0.12%686.01M-1.48%680.63M-0.94%682.67M-2.62%683.96M-2.41%685.19M-1.73%690.83M
Other current liabilities 43.67%3.84B12.46%3.27B55.14%3.54B17.41%2.96B12.10%2.67B27.33%2.91B12.95%2.28B23.26%2.52B-9.64%2.38B45.91%2.29B
Total current liabilities -8.05%4.12B-21.87%3.68B-8.19%3.91B-25.26%3.31B4.51%4.48B10.42%4.7B8.10%4.26B11.21%4.43B-5.64%4.28B24.63%4.26B
Current liabilities
Long term loan --39.41M--39.41M--39.41M----------------------------
Estimate liabilities -0.91%738.7M27,486.89%738.7M26,715.34%738.85M--745.5M--745.5M--2.68M--2.76M------------
Deferred tax liabilities -32.78%2.83M-83.02%2.88M-82.63%2.96M-75.10%4.15M-75.09%4.21M149.68%16.96M142.16%17.02M129.25%16.66M24.60%16.89M355.54%6.79M
Lease liabilities -50.26%3.63M-77.68%3.26M-75.54%3.59M-46.96%7.06M-47.24%7.31M0.45%14.62M4.18%14.69M-38.74%13.32M-47.35%13.85M-52.77%14.55M
Total non current liabilities 3.64%784.58M2,189.17%784.26M2,176.75%784.82M2,424.34%756.71M2,362.50%757.01M60.50%34.26M63.12%34.47M-1.97%29.98M-25.80%30.74M-33.92%21.35M
Total liabilities -6.36%4.9B-5.88%4.46B9.35%4.7B-8.81%4.07B21.31%5.23B10.67%4.74B8.39%4.29B11.11%4.46B-5.82%4.31B24.08%4.28B
Shareholders equity
Paid-in capital 101.86%1.13B101.86%1.13B101.86%1.13B101.86%1.13B0.00%559.94M0.00%559.94M0.00%559.94M0.00%559.94M0.00%559.94M0.00%559.94M
Capital reserve funds 124.49%1.01B116.67%978.94M236.24%978.94M236.24%978.94M55.19%451.81M136.38%451.81M52.32%291.14M52.32%291.14M52.32%291.14M0.00%191.14M
Surplus reserve funds 0.00%43.54M0.00%43.54M0.00%43.54M0.00%43.54M0.00%43.54M0.00%43.54M0.00%43.54M0.00%43.54M0.00%43.54M0.00%43.54M
Retained profit 13.85%-1.32B-38.28%-1.17B-45.73%-1.19B-43.60%-1.05B-118.57%-1.54B-37.15%-845.34M-44.27%-815.81M-41.15%-731.63M-44.20%-702.53M-42.03%-616.36M
Other composite income -35.11%-303.49M-110.77%-328.07M-107.45%-322.83M-70.62%-224.56M-70.66%-224.62M-29.41%-155.65M-29.39%-155.62M-9.43%-131.62M-9.43%-131.62M-21.96%-120.28M
Ordinary risk reserve funds ------------------------------------0.00%3.77K
Shareholders equity without minority interests 179.70%561.74M1,107.65%655.73M934.70%641.06M2,697.09%877.6M-1,265.47%-704.84M-6.37%54.3M-170.53%-76.8M-79.89%31.38M-67.69%60.48M-77.87%57.99M
Minority interests -19.77%44.74M-19.73%45.21M-21.25%43.48M1.75%56.91M2.07%55.77M2.53%56.32M1.03%55.2M3.77%55.93M3.87%54.64M6.93%54.93M
Total shareholder equity 193.44%606.48M533.63%700.94M3,269.52%684.53M970.38%934.51M-663.85%-649.07M-2.04%110.62M-113.21%-21.6M-58.41%87.31M-51.99%115.11M-63.97%112.93M
Total liabilityies and equity 20.14%5.51B6.43%5.16B25.93%5.38B9.97%5B3.50%4.58B10.34%4.85B3.57%4.27B7.65%4.55B-8.12%4.43B16.75%4.39B
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 LianDa Certified Public Accountants (Special General Partnership)------Zhongxing Cai Guanghua Certified Public Accountants (Special General Partnership)------Zhongxing Cai Guanghua 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.

Market Insights
Petroleum
No. Symbol 20D % Chg
Sample Name
Sample Code
 +1.04%
Sample Name
Sample Code
 -4.60%
Sample Name
Sample Code
 -6.30%
4
CNOOC
00883
-6.32%
5
YANCHANG PETRO
00346
-8.99%
View More
No. Symbol 20D % Chg
Sample Name
Sample Code
 +14.87%
Sample Name
Sample Code
 +10.97%
Sample Name
Sample Code
 +6.23%
4
INESA Intelligent Tech Inc.
600602
+6.13%
5
Business-intelligence Of Oriental Nations Corporation
300166
+1.83%
View More
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
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.
Hormuz, Term Structure and USO: Navigating the Energy Storm

- No more -