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Nexchip Semiconductor (SHSE:688249) Retained Earnings : ¥602 Mil (As of Mar. 2024)


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What is Nexchip Semiconductor Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nexchip Semiconductor's retained earnings for the quarter that ended in Mar. 2024 was ¥602 Mil.

Nexchip Semiconductor's quarterly retained earnings increased from Sep. 2023 (¥411 Mil) to Dec. 2023 (¥523 Mil) and increased from Dec. 2023 (¥523 Mil) to Mar. 2024 (¥602 Mil).

Nexchip Semiconductor's annual retained earnings increased from Dec. 2021 (¥-2,640 Mil) to Dec. 2022 (¥379 Mil) and increased from Dec. 2022 (¥379 Mil) to Dec. 2023 (¥523 Mil).


Nexchip Semiconductor Retained Earnings Historical Data

The historical data trend for Nexchip Semiconductor'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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Nexchip Semiconductor Retained Earnings Chart

Nexchip Semiconductor Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -3,110.99 -4,368.59 -2,639.75 379.10 523.22

Nexchip Semiconductor Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 48.55 335.49 411.09 523.22 602.48

Nexchip Semiconductor 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.


Nexchip Semiconductor  (SHSE:688249) 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.


Nexchip Semiconductor (SHSE:688249) Business Description

Traded in Other Exchanges
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Address
No. 88, West Feihe Road, Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011
Nexchip Semiconductor Corp is the first 12-inch wafer foundry enterprise in Anhui Province. The company focuses on semiconductor wafer production and foundry services and is committed to contributing to the improvement of domestic independent and controllable integrated circuit manufacturing capabilities, providing customers with different 150-55nm process technologies, and will introduce more advanced process technologies in the future. It is engaged in Research and development, production and sales of integrated circuit-related products and supporting products.

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