Addsino Co (SZSE:000547) Retained Earnings : ¥961 Mil (As of Mar. 2024)

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What is Addsino Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Addsino Co's retained earnings for the quarter that ended in Mar. 2024 was ¥961 Mil.

Addsino Co's quarterly retained earnings declined from Sep. 2023 (¥2,613 Mil) to Dec. 2023 (¥1,136 Mil) and declined from Dec. 2023 (¥1,136 Mil) to Mar. 2024 (¥961 Mil).

Addsino Co's annual retained earnings declined from Dec. 2021 (¥3,200 Mil) to Dec. 2022 (¥3,143 Mil) and declined from Dec. 2022 (¥3,143 Mil) to Dec. 2023 (¥1,136 Mil).

Addsino Co Retained Earnings Historical Data

The historical data trend for Addsino 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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Addsino Co Retained Earnings Chart

Addsino Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,945.09

2,611.43

3,199.71

3,143.11

1,136.36

Addsino 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															3,024.60	2,752.55	2,613.46	1,136.36	961.16

Addsino 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.

Addsino Co (SZSE:000547) 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.

Addsino Co (SZSE:000547) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Addsino Co Ltd (SZSE:000547) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

67 Wuyi Road, Fujian Province, Taijiang, Fuzhou, CHN, 350009

Website

http://www.casic-addsino.com

Addsino Co Ltd is a China-based company engages in the development, manufacture, and distribution of command and control communication products. Its main products include military communication products, experimental radio frequency simulation systems, experimental and field active target simulation systems, radar simulation systems, tactical training simulation systems and electromagnetic protection products, among others.

Executives

Tong Jian Xun	Executives
Wang Wen Hai	Executives
Bian Yong Zhuang	Directors, executives
Zhang Gao Lu	Director
Cao Yang	Supervisors

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