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China Nuclear Engineering (SHSE:601611) Retained Earnings : ¥10,901 Mil (As of Mar. 2024)


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What is China Nuclear Engineering Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. China Nuclear Engineering's retained earnings for the quarter that ended in Mar. 2024 was ¥10,901 Mil.

China Nuclear Engineering's quarterly retained earnings increased from Sep. 2023 (¥9,978 Mil) to Dec. 2023 (¥10,367 Mil) and increased from Dec. 2023 (¥10,367 Mil) to Mar. 2024 (¥10,901 Mil).

China Nuclear Engineering's annual retained earnings increased from Dec. 2021 (¥7,504 Mil) to Dec. 2022 (¥8,844 Mil) and increased from Dec. 2022 (¥8,844 Mil) to Dec. 2023 (¥10,367 Mil).


China Nuclear Engineering Retained Earnings Historical Data

The historical data trend for China Nuclear Engineering'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.

* Premium members only.

China Nuclear Engineering Retained Earnings Chart

China Nuclear Engineering 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 5,491.11 6,416.36 7,504.24 8,844.38 10,366.56

China Nuclear Engineering 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 9,330.58 9,460.01 9,978.06 10,366.56 10,901.18

China Nuclear Engineering 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.


China Nuclear Engineering  (SHSE:601611) 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.


China Nuclear Engineering (SHSE:601611) Business Description

Traded in Other Exchanges
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Address
Chegongzhuang Street, No.12, Xicheng District, Beijing, CHN, 100037
China Nuclear Engineering Corporation Ltd is a China-based company engaged in providing engineering and construction services, clean energy open development and utilization and real estate development. It is also involved in the provision of nuclear power construction and engineering services. The company's business includes construction of the High-temperature reactor, Low-temperature nuclear heating reactor, Nuclear Power Plant (NPP) construction, industrial and civil engineering construction, inspection and maintenance of NPP, and providing talent training for global nuclear power engineering and construction.

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