GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangling Motors Corp Ltd (SZSE:000550) » Definitions » Retained Earnings

Jiangling Motors (SZSE:000550) Retained Earnings : ¥8,715 Mil (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Jiangling Motors Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jiangling Motors's retained earnings for the quarter that ended in Mar. 2024 was ¥8,715 Mil.

Jiangling Motors's quarterly retained earnings increased from Sep. 2023 (¥7,766 Mil) to Dec. 2023 (¥8,233 Mil) and increased from Dec. 2023 (¥8,233 Mil) to Mar. 2024 (¥8,715 Mil).

Jiangling Motors's annual retained earnings increased from Dec. 2021 (¥6,438 Mil) to Dec. 2022 (¥7,123 Mil) and increased from Dec. 2022 (¥7,123 Mil) to Dec. 2023 (¥8,233 Mil).


Jiangling Motors Retained Earnings Historical Data

The historical data trend for Jiangling Motors'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.

Jiangling Motors Retained Earnings Chart

Jiangling Motors 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 8,373.70 8,863.97 6,437.60 7,123.04 8,232.63

Jiangling Motors 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 7,305.79 7,486.42 7,766.49 8,232.63 8,715.00

Jiangling Motors 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.


Jiangling Motors  (SZSE:000550) 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.


Jiangling Motors (SZSE:000550) Business Description

Traded in Other Exchanges
Address
No. 509, Northern Yingbin Avenue, Jiangxi Province, Nanchang, CHN, 330001
Jiangling Motors Corp Ltd is an automobile manufacturing company domiciled in China. The company principally manufactures light commercial vehicles such as vans and pickup trucks, heavy commercial vehicles including heavy-duty trucks, sport utility vehicles, engines, castings, and related vehicle components. It derives the vast majority of revenue from commercial vehicles and SUVs. Jiangling Motors produces vehicles under the JMC, Yusheng, and Ford brands. The company earns revenue almost entirely domestically.
Executives
Zhu Shui Xing Executives
Tu Hong Feng Executives
Xu Lan Feng Supervisors

Jiangling Motors (SZSE:000550) Headlines

No Headlines