Kingsemi Co (SHSE:688037) Retained Earnings : ¥456 Mil (As of Mar. 2024)

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What is Kingsemi Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kingsemi Co's retained earnings for the quarter that ended in Mar. 2024 was ¥456 Mil.

Kingsemi Co's quarterly retained earnings declined from Sep. 2023 (¥444 Mil) to Dec. 2023 (¥440 Mil) but then increased from Dec. 2023 (¥440 Mil) to Mar. 2024 (¥456 Mil).

Kingsemi Co's annual retained earnings increased from Dec. 2021 (¥112 Mil) to Dec. 2022 (¥261 Mil) and increased from Dec. 2022 (¥261 Mil) to Dec. 2023 (¥440 Mil).

Kingsemi Co Retained Earnings Historical Data

The historical data trend for Kingsemi 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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Kingsemi Co Retained Earnings Chart

Kingsemi Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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26.35

59.79

111.56

260.88

440.28

Kingsemi 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															326.85	359.41	443.96	440.28	456.29

Kingsemi 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.

Kingsemi Co (SHSE:688037) 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.

Kingsemi Co (SHSE:688037) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Kingsemi Co Ltd (SHSE:688037) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

No. 16 Feiyun Road, Hunnan District, Liaoning Province, Shenyang, CHN, 110168

Website

http://www.kingsemi.com

Kingsemi Co Ltd is engaged in the research and development, production and sales of semiconductor-specific equipment. The company's products include photolithography process coating and developing equipment and single-chip wet process equipment.

Executives

Wang Shao Yong	Core technical personnel
Zhang Huai Dong	Core technical personnel
Cui Xiao Wei	senior management
Gu Yong Tian	senior management
Chen Xing Long	Directors, senior managers, core technical personn
Wang Ming Bo	senior management
Li Feng Li	senior management
Zong Run Fu	Directors, senior managers, core technical personn
Cheng Hu	Senior management, core technical personnel
Zhang Xin Chao	senior management
Sun Dong Feng	Supervisors
Zhao Nai Xia	Core technical personnel
Zhang Jun	Core technical personnel
Zheng You Fei	Core technical personnel
Gu De Jun	Core technical personnel

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