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Triumph Science & Technology Co (SHSE:600552) Retained Earnings : ¥593 Mil (As of Mar. 2024)


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What is Triumph Science & Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Triumph Science & Technology Co's retained earnings for the quarter that ended in Mar. 2024 was ¥593 Mil.

Triumph Science & Technology Co's quarterly retained earnings increased from Sep. 2023 (¥564 Mil) to Dec. 2023 (¥570 Mil) and increased from Dec. 2023 (¥570 Mil) to Mar. 2024 (¥593 Mil).

Triumph Science & Technology Co's annual retained earnings increased from Dec. 2021 (¥443 Mil) to Dec. 2022 (¥515 Mil) and increased from Dec. 2022 (¥515 Mil) to Dec. 2023 (¥570 Mil).


Triumph Science & Technology Co Retained Earnings Historical Data

The historical data trend for Triumph Science & Technology Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Triumph Science & Technology Co Retained Earnings Chart

Triumph Science & Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 736.65 776.83 442.76 515.27 570.06

Triumph Science & Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 531.45 528.80 564.41 570.06 593.26

Triumph Science & Technology Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Triumph Science & Technology Co  (SHSE:600552) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Triumph Science & Technology Co (SHSE:600552) Business Description

Traded in Other Exchanges
N/A
Address
8009 Huangshan Road, Gaoxin District, Anhui Province, Handan City, CHN, 233010
Triumph Science & Technology Co Ltd manufactures and sells glass & new materials. Its products include ITO conductive film glass, composite coated glass, float glass & glass deep-processing products.
Executives
Huang Xiao Ting Director
Ou Mu Lan senior management
Shu An Jun Director
Wang Yong He senior management
Zhang Shao Bo senior management
Ni Zhi Sen Director
Xia Ning Director
Sun Lei senior management
Li Jie Song Supervisors
Mao Ling Wen Director
Zhou Ming Supervisors
Lin Shan Supervisors
Yin Chuan Wei Director
Jie Zhang Qing Director
Chen Yong Supervisors

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