CN Stock MarketDetailed Quotes

China Merchants Bank (600036)

Watchlist

39.52
-0.39-0.98%

Market Closed Apr 17 15:00 CST

996.69BMarket Cap6.64P/E (TTM)

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

China Merchants Bank (600036) Balance Sheet

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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

Money funds

0.17%575.02B

-13.37%545.3B

-7.73%553.19B

-29.18%576.04B

-15.93%574.07B

4.92%629.47B

1.47%599.52B

36.09%813.34B

13.23%682.8B

0.25%599.97B

Deposit in interbank

-9.01%200.4B

14.60%173.98B

37.08%185.08B

56.59%144.73B

118.55%220.23B

95.41%151.81B

14.60%135.02B

-9.73%92.43B

10.32%100.77B

-22.57%77.69B

Rare metal

310.72%38.67B

205.57%20.74B

37.47%15.6B

269.40%8.16B

305.64%9.42B

143.05%6.79B

412.83%11.35B

-1.07%2.21B

-0.34%2.32B

-2.07%2.79B

Lending capital

24.08%507.44B

48.06%525.14B

34.81%482.95B

44.92%426.34B

42.15%408.96B

24.32%354.68B

13.37%358.24B

10.68%294.18B

8.89%287.69B

-3.79%285.31B

Transactional financial assets

4.99%647.8B

30.55%655.49B

14.09%660.82B

19.70%628.03B

17.27%617.02B

2.58%502.09B

18.76%579.23B

0.77%524.69B

24.25%526.15B

3.65%489.48B

Derivative assets

-42.14%18.82B

-0.22%19.11B

6.84%21.4B

30.12%25.33B

73.67%32.53B

-15.17%19.15B

-11.67%20.03B

53.53%19.46B

0.33%18.73B

-31.24%22.57B

Bought sellback assets

-4.65%258.71B

-72.22%86.2B

-12.06%270.36B

16.99%262.63B

57.52%271.33B

344.27%310.27B

10.65%307.45B

46.12%224.49B

-37.74%172.25B

-8.15%69.84B

Loan and advance

5.60%7T

5.78%6.87T

5.70%6.85T

4.72%6.86T

6.07%6.63T

4.91%6.5T

6.36%6.49T

7.81%6.56T

7.67%6.25T

7.80%6.19T

Debt investment

9.44%2.12T

12.27%2.07T

13.11%2.01T

14.42%1.99T

11.01%1.94T

8.89%1.85T

7.39%1.77T

7.95%1.74T

12.44%1.75T

23.64%1.7T

Other debt investment

22.51%1.34T

33.26%1.31T

31.81%1.26T

31.68%1.21T

21.47%1.09T

11.35%979.86B

14.04%956.01B

11.59%916.47B

15.22%899.1B

25.61%879.96B

Other equity investment

9.45%24.42B

14.87%23.87B

12.64%23.83B

14.95%23.13B

13.57%22.32B

12.28%20.78B

16.75%21.16B

10.20%20.12B

46.46%19.65B

64.97%18.51B

Long term equity investment

6.12%32.91B

7.49%32.37B

13.97%33.05B

13.28%31.97B

16.64%31.02B

14.08%30.12B

10.27%29B

14.00%28.22B

11.52%26.59B

11.82%26.4B

Investment property

-10.74%997M

-9.63%976M

-9.72%1.01B

-7.11%1.06B

-3.71%1.12B

-10.00%1.08B

-8.64%1.12B

-9.24%1.14B

-8.52%1.16B

-11.18%1.2B

Fixed assets

5.36%130.64B

----

2.05%119.29B

----

12.44%123.99B

----

10.21%116.9B

----

16.08%110.28B

----

Constru in process

-98.46%59M

----

1.35%4.74B

----

-3.89%3.83B

----

50.79%4.68B

----

5.10%3.98B

----

Intangible assets

-6.34%6B

-6.96%6.03B

-7.78%6.15B

-8.44%6.3B

-9.71%6.41B

-10.67%6.48B

-10.65%6.67B

-10.32%6.88B

-10.96%7.1B

-10.59%7.25B

Goodwill

0.00%9.95B

-0.45%9.95B

0.00%9.95B

Deferred tax assets

7.39%89.86B

2.71%91.56B

-0.62%88.76B

-7.32%83.39B

-7.60%83.67B

-7.87%89.15B

-5.05%89.32B

-3.17%89.98B

-0.32%90.56B

8.12%96.77B

Other assets

-11.84%50.48B

0.80%64.24B

-16.29%47.91B

100.79%102.23B

4.15%57.26B

-5.16%63.73B

-2.64%57.23B

-26.49%50.91B

-3.74%54.98B

26.05%67.2B

Total assets

7.56%13.07T

8.49%12.64T

9.35%12.66T

8.76%12.53T

10.19%12.15T

9.25%11.65T

7.77%11.57T

9.63%11.52T

8.77%11.03T

9.90%10.67T

Liabilities

Borrowing from the central bank

-41.52%111.08B

-68.96%81.49B

-23.56%172.3B

-6.31%238.21B

-49.84%189.93B

17.01%262.51B

42.49%225.4B

30.31%254.27B

191.82%378.62B

51.98%224.35B

Deposit of interbank

30.25%911.7B

37.74%821.61B

43.71%745.6B

36.64%767.92B

37.69%699.98B

25.69%596.48B

-7.26%518.84B

-1.76%562B

-21.26%508.38B

-9.19%474.56B

Deposit

7.93%9.92T

8.90%9.61T

8.49%9.51T

10.22%9.41T

11.59%9.2T

9.51%8.82T

8.23%8.77T

8.95%8.53T

8.56%8.24T

12.83%8.06T

Borrowing capital

6.51%250.7B

12.82%253.68B

7.37%257.76B

-6.69%259.12B

-4.82%235.38B

-9.14%224.87B

-4.35%240.07B

13.12%277.69B

19.45%247.3B

14.02%247.5B

Transactional financial liabilities

78.62%120.5B

38.52%87.25B

90.39%99.28B

75.31%85.49B

53.47%67.46B

29.10%62.99B

1.07%52.15B

-4.93%48.77B

-10.55%43.96B

-38.13%48.79B

Contract liabilities

-15.38%3.55B

-20.98%3.73B

-21.85%3.92B

-22.72%4.06B

-23.57%4.19B

-22.04%4.71B

-24.60%5.01B

-20.69%5.25B

-17.86%5.49B

-21.25%6.05B

Derivative liabilities

-40.94%18.65B

-7.84%16.72B

19.72%22.82B

34.96%23.5B

81.06%31.58B

-20.99%18.14B

-15.25%19.07B

49.58%17.41B

-6.40%17.44B

-31.87%22.96B

Funds from selling out and repurchasing financial assets

13.53%95.41B

145.39%144.29B

12.08%116.47B

-21.99%126.91B

-37.78%84.04B

-51.73%58.8B

14.59%103.91B

26.45%162.68B

26.13%135.08B

-32.09%121.82B

Salaries payable

4.19%35.96B

10.17%39.82B

12.95%38.81B

26.75%35.93B

20.34%34.51B

9.31%36.14B

20.41%34.36B

20.74%28.35B

20.17%28.68B

5.38%33.07B

Taxs payable

25.61%14.71B

15.33%17.05B

0.23%15.39B

0.34%16.36B

-13.86%11.71B

-16.67%14.78B

-12.62%15.36B

-29.44%16.31B

-30.12%13.6B

-22.01%17.74B

Estimate liabilities

0.94%16.92B

-11.75%17.61B

-17.29%18.1B

-19.01%17.12B

-14.75%16.76B

-14.94%19.95B

-8.13%21.88B

-5.21%21.14B

-12.58%19.66B

-0.60%23.46B

Bonds payable

-35.63%143.49B

-36.97%148.9B

-40.89%163.33B

-46.45%166.84B

26.25%222.92B

-1.64%236.21B

3.95%276.33B

17.36%311.56B

-21.11%176.58B

1.85%240.16B

Absorbing deposits and interbank deposits

9.51%10.84T

10.73%10.43T

10.46%10.26T

11.85%10.17T

13.10%9.9T

10.41%9.42T

7.23%9.28T

8.22%9.1T

6.22%8.75T

11.33%8.53T

Deferred tax liabilitise

-29.96%1.12B

-30.94%1.07B

-32.44%1.11B

-3.60%1.58B

-0.93%1.59B

-1.34%1.55B

4.57%1.65B

10.68%1.64B

6.42%1.61B

17.22%1.57B

Other liabilitise

17.80%130.03B

-5.38%115.08B

11.04%183.78B

-18.86%114.3B

-2.48%110.39B

6.56%121.62B

-0.08%165.51B

11.20%140.87B

-10.12%113.2B

-7.19%114.14B

Total liabilities

7.98%11.79T

8.33%11.37T

8.63%11.36T

8.48%11.28T

9.81%10.92T

8.80%10.5T

7.22%10.46T

9.20%10.39T

8.25%9.94T

9.88%9.65T

Shareholders equity

Paid-in capital

0.00%25.22B

Other equity instruments

-1.66%177.46B

17.95%177.46B

51.18%227.45B

19.94%180.45B

24.91%150.45B

0.00%120.45B

-Equity of prefer stock

0.00%27.47B

-Equity of Perpetual debt

-1.95%149.99B

21.96%149.99B

62.61%199.98B

24.39%152.98B

32.27%122.98B

0.00%92.98B

Capital reserve funds

-0.03%65.41B

-0.04%65.41B

-0.02%65.42B

-0.00%65.43B

0.00%65.44B

Surplus reserve funds

11.10%136.27B

12.80%122.65B

14.48%108.74B

15.64%94.99B

Retained profit

7.21%679.81B

10.30%694.94B

10.94%656.27B

10.69%671.19B

11.56%634.08B

12.37%630.05B

13.24%591.55B

14.07%606.36B

15.30%568.37B

13.63%560.69B

Other composite income

-41.67%25.23B

-16.55%26.18B

34.57%36.97B

23.59%26.17B

159.30%43.26B

148.46%31.37B

75.48%27.47B

97.56%21.18B

19.37%16.68B

-22.21%12.63B

Ordinary risk reserve funds

5.52%163.48B

10.02%155.43B

9.83%155.26B

9.54%155.09B

9.51%154.93B

6.35%141.27B

6.28%141.36B

6.71%141.59B

6.80%141.48B

13.86%132.84B

Shareholders equity without minority interests

3.82%1.27T

9.96%1.27T

16.12%1.29T

11.37%1.25T

13.90%1.23T

13.86%1.15T

13.62%1.11T

14.05%1.12T

13.84%1.08T

10.08%1.01T

Minority interests

7.55%8.02B

10.45%7.85B

11.96%7.63B

17.33%7.66B

-20.28%7.46B

-21.92%7.11B

-22.48%6.81B

-24.77%6.53B

7.14%9.36B

11.23%9.1B

Total shareholder equity

3.84%1.28T

9.96%1.28T

16.10%1.3T

11.41%1.25T

13.61%1.23T

13.54%1.16T

13.30%1.12T

13.71%1.13T

13.78%1.09T

10.09%1.02T

Total liabilities and equity

7.56%13.07T

8.49%12.64T

9.35%12.66T

8.76%12.53T

10.19%12.15T

9.25%11.65T

7.77%11.57T

9.63%11.52T

8.77%11.03T

9.90%10.67T

Currency Unit

CNY

Accounting Standards

CAS (2007)

Audit Opinions

Unqualified opinion

Auditor

Ernst & Young Huaming Accounting Firm (Special General Partnership)

Deloitte Touche Tohmatsu 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
Money funds	0.17%575.02B	-13.37%545.3B	-7.73%553.19B	-29.18%576.04B	-15.93%574.07B	4.92%629.47B	1.47%599.52B	36.09%813.34B	13.23%682.8B	0.25%599.97B
Deposit in interbank	-9.01%200.4B	14.60%173.98B	37.08%185.08B	56.59%144.73B	118.55%220.23B	95.41%151.81B	14.60%135.02B	-9.73%92.43B	10.32%100.77B	-22.57%77.69B
Rare metal	310.72%38.67B	205.57%20.74B	37.47%15.6B	269.40%8.16B	305.64%9.42B	143.05%6.79B	412.83%11.35B	-1.07%2.21B	-0.34%2.32B	-2.07%2.79B
Lending capital	24.08%507.44B	48.06%525.14B	34.81%482.95B	44.92%426.34B	42.15%408.96B	24.32%354.68B	13.37%358.24B	10.68%294.18B	8.89%287.69B	-3.79%285.31B
Transactional financial assets	4.99%647.8B	30.55%655.49B	14.09%660.82B	19.70%628.03B	17.27%617.02B	2.58%502.09B	18.76%579.23B	0.77%524.69B	24.25%526.15B	3.65%489.48B
Derivative assets	-42.14%18.82B	-0.22%19.11B	6.84%21.4B	30.12%25.33B	73.67%32.53B	-15.17%19.15B	-11.67%20.03B	53.53%19.46B	0.33%18.73B	-31.24%22.57B
Bought sellback assets	-4.65%258.71B	-72.22%86.2B	-12.06%270.36B	16.99%262.63B	57.52%271.33B	344.27%310.27B	10.65%307.45B	46.12%224.49B	-37.74%172.25B	-8.15%69.84B
Loan and advance	5.60%7T	5.78%6.87T	5.70%6.85T	4.72%6.86T	6.07%6.63T	4.91%6.5T	6.36%6.49T	7.81%6.56T	7.67%6.25T	7.80%6.19T
Debt investment	9.44%2.12T	12.27%2.07T	13.11%2.01T	14.42%1.99T	11.01%1.94T	8.89%1.85T	7.39%1.77T	7.95%1.74T	12.44%1.75T	23.64%1.7T
Other debt investment	22.51%1.34T	33.26%1.31T	31.81%1.26T	31.68%1.21T	21.47%1.09T	11.35%979.86B	14.04%956.01B	11.59%916.47B	15.22%899.1B	25.61%879.96B
Other equity investment	9.45%24.42B	14.87%23.87B	12.64%23.83B	14.95%23.13B	13.57%22.32B	12.28%20.78B	16.75%21.16B	10.20%20.12B	46.46%19.65B	64.97%18.51B
Long term equity investment	6.12%32.91B	7.49%32.37B	13.97%33.05B	13.28%31.97B	16.64%31.02B	14.08%30.12B	10.27%29B	14.00%28.22B	11.52%26.59B	11.82%26.4B
Investment property	-10.74%997M	-9.63%976M	-9.72%1.01B	-7.11%1.06B	-3.71%1.12B	-10.00%1.08B	-8.64%1.12B	-9.24%1.14B	-8.52%1.16B	-11.18%1.2B
Fixed assets	5.36%130.64B	----	2.05%119.29B	----	12.44%123.99B	----	10.21%116.9B	----	16.08%110.28B	----
Constru in process	-98.46%59M	----	1.35%4.74B	----	-3.89%3.83B	----	50.79%4.68B	----	5.10%3.98B	----
Intangible assets	-6.34%6B	-6.96%6.03B	-7.78%6.15B	-8.44%6.3B	-9.71%6.41B	-10.67%6.48B	-10.65%6.67B	-10.32%6.88B	-10.96%7.1B	-10.59%7.25B
Goodwill	0.00%9.95B	0.00%9.95B	0.00%9.95B	0.00%9.95B	0.00%9.95B	0.00%9.95B	0.00%9.95B	-0.45%9.95B	-0.45%9.95B	0.00%9.95B
Deferred tax assets	7.39%89.86B	2.71%91.56B	-0.62%88.76B	-7.32%83.39B	-7.60%83.67B	-7.87%89.15B	-5.05%89.32B	-3.17%89.98B	-0.32%90.56B	8.12%96.77B
Other assets	-11.84%50.48B	0.80%64.24B	-16.29%47.91B	100.79%102.23B	4.15%57.26B	-5.16%63.73B	-2.64%57.23B	-26.49%50.91B	-3.74%54.98B	26.05%67.2B
Total assets	7.56%13.07T	8.49%12.64T	9.35%12.66T	8.76%12.53T	10.19%12.15T	9.25%11.65T	7.77%11.57T	9.63%11.52T	8.77%11.03T	9.90%10.67T
Liabilities
Borrowing from the central bank	-41.52%111.08B	-68.96%81.49B	-23.56%172.3B	-6.31%238.21B	-49.84%189.93B	17.01%262.51B	42.49%225.4B	30.31%254.27B	191.82%378.62B	51.98%224.35B
Deposit of interbank	30.25%911.7B	37.74%821.61B	43.71%745.6B	36.64%767.92B	37.69%699.98B	25.69%596.48B	-7.26%518.84B	-1.76%562B	-21.26%508.38B	-9.19%474.56B
Deposit	7.93%9.92T	8.90%9.61T	8.49%9.51T	10.22%9.41T	11.59%9.2T	9.51%8.82T	8.23%8.77T	8.95%8.53T	8.56%8.24T	12.83%8.06T
Borrowing capital	6.51%250.7B	12.82%253.68B	7.37%257.76B	-6.69%259.12B	-4.82%235.38B	-9.14%224.87B	-4.35%240.07B	13.12%277.69B	19.45%247.3B	14.02%247.5B
Transactional financial liabilities	78.62%120.5B	38.52%87.25B	90.39%99.28B	75.31%85.49B	53.47%67.46B	29.10%62.99B	1.07%52.15B	-4.93%48.77B	-10.55%43.96B	-38.13%48.79B
Contract liabilities	-15.38%3.55B	-20.98%3.73B	-21.85%3.92B	-22.72%4.06B	-23.57%4.19B	-22.04%4.71B	-24.60%5.01B	-20.69%5.25B	-17.86%5.49B	-21.25%6.05B
Derivative liabilities	-40.94%18.65B	-7.84%16.72B	19.72%22.82B	34.96%23.5B	81.06%31.58B	-20.99%18.14B	-15.25%19.07B	49.58%17.41B	-6.40%17.44B	-31.87%22.96B
Funds from selling out and repurchasing financial assets	13.53%95.41B	145.39%144.29B	12.08%116.47B	-21.99%126.91B	-37.78%84.04B	-51.73%58.8B	14.59%103.91B	26.45%162.68B	26.13%135.08B	-32.09%121.82B
Salaries payable	4.19%35.96B	10.17%39.82B	12.95%38.81B	26.75%35.93B	20.34%34.51B	9.31%36.14B	20.41%34.36B	20.74%28.35B	20.17%28.68B	5.38%33.07B
Taxs payable	25.61%14.71B	15.33%17.05B	0.23%15.39B	0.34%16.36B	-13.86%11.71B	-16.67%14.78B	-12.62%15.36B	-29.44%16.31B	-30.12%13.6B	-22.01%17.74B
Estimate liabilities	0.94%16.92B	-11.75%17.61B	-17.29%18.1B	-19.01%17.12B	-14.75%16.76B	-14.94%19.95B	-8.13%21.88B	-5.21%21.14B	-12.58%19.66B	-0.60%23.46B
Bonds payable	-35.63%143.49B	-36.97%148.9B	-40.89%163.33B	-46.45%166.84B	26.25%222.92B	-1.64%236.21B	3.95%276.33B	17.36%311.56B	-21.11%176.58B	1.85%240.16B
Absorbing deposits and interbank deposits	9.51%10.84T	10.73%10.43T	10.46%10.26T	11.85%10.17T	13.10%9.9T	10.41%9.42T	7.23%9.28T	8.22%9.1T	6.22%8.75T	11.33%8.53T
Deferred tax liabilitise	-29.96%1.12B	-30.94%1.07B	-32.44%1.11B	-3.60%1.58B	-0.93%1.59B	-1.34%1.55B	4.57%1.65B	10.68%1.64B	6.42%1.61B	17.22%1.57B
Other liabilitise	17.80%130.03B	-5.38%115.08B	11.04%183.78B	-18.86%114.3B	-2.48%110.39B	6.56%121.62B	-0.08%165.51B	11.20%140.87B	-10.12%113.2B	-7.19%114.14B
Total liabilities	7.98%11.79T	8.33%11.37T	8.63%11.36T	8.48%11.28T	9.81%10.92T	8.80%10.5T	7.22%10.46T	9.20%10.39T	8.25%9.94T	9.88%9.65T
Shareholders equity
Paid-in capital	0.00%25.22B	0.00%25.22B	0.00%25.22B	0.00%25.22B	0.00%25.22B	0.00%25.22B	0.00%25.22B	0.00%25.22B	0.00%25.22B	0.00%25.22B
Other equity instruments	-1.66%177.46B	17.95%177.46B	51.18%227.45B	19.94%180.45B	19.94%180.45B	24.91%150.45B	24.91%150.45B	24.91%150.45B	24.91%150.45B	0.00%120.45B
-Equity of prefer stock	0.00%27.47B	0.00%27.47B	0.00%27.47B	0.00%27.47B	0.00%27.47B	0.00%27.47B	0.00%27.47B	0.00%27.47B	0.00%27.47B	0.00%27.47B
-Equity of Perpetual debt	-1.95%149.99B	21.96%149.99B	62.61%199.98B	24.39%152.98B	24.39%152.98B	32.27%122.98B	32.27%122.98B	32.27%122.98B	32.27%122.98B	0.00%92.98B
Capital reserve funds	-0.03%65.41B	-0.04%65.41B	-0.02%65.42B	-0.00%65.43B	-0.00%65.43B	-0.00%65.43B	-0.00%65.43B	-0.00%65.43B	-0.00%65.43B	0.00%65.44B
Surplus reserve funds	11.10%136.27B	12.80%122.65B	12.80%122.65B	12.80%122.65B	12.80%122.65B	14.48%108.74B	14.48%108.74B	14.48%108.74B	14.48%108.74B	15.64%94.99B
Retained profit	7.21%679.81B	10.30%694.94B	10.94%656.27B	10.69%671.19B	11.56%634.08B	12.37%630.05B	13.24%591.55B	14.07%606.36B	15.30%568.37B	13.63%560.69B
Other composite income	-41.67%25.23B	-16.55%26.18B	34.57%36.97B	23.59%26.17B	159.30%43.26B	148.46%31.37B	75.48%27.47B	97.56%21.18B	19.37%16.68B	-22.21%12.63B
Ordinary risk reserve funds	5.52%163.48B	10.02%155.43B	9.83%155.26B	9.54%155.09B	9.51%154.93B	6.35%141.27B	6.28%141.36B	6.71%141.59B	6.80%141.48B	13.86%132.84B
Shareholders equity without minority interests	3.82%1.27T	9.96%1.27T	16.12%1.29T	11.37%1.25T	13.90%1.23T	13.86%1.15T	13.62%1.11T	14.05%1.12T	13.84%1.08T	10.08%1.01T
Minority interests	7.55%8.02B	10.45%7.85B	11.96%7.63B	17.33%7.66B	-20.28%7.46B	-21.92%7.11B	-22.48%6.81B	-24.77%6.53B	7.14%9.36B	11.23%9.1B
Total shareholder equity	3.84%1.28T	9.96%1.28T	16.10%1.3T	11.41%1.25T	13.61%1.23T	13.54%1.16T	13.30%1.12T	13.71%1.13T	13.78%1.09T	10.09%1.02T
Total liabilities and equity	7.56%13.07T	8.49%12.64T	9.35%12.66T	8.76%12.53T	10.19%12.15T	9.25%11.65T	7.77%11.57T	9.63%11.52T	8.77%11.03T	9.90%10.67T
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	Ernst & Young Huaming Accounting Firm (Special General Partnership)	--	--	--	Ernst & Young Huaming Accounting Firm (Special General Partnership)	--	--	--	Deloitte Touche Tohmatsu 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