GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Huaxicun Co Ltd (SZSE:000936) » Definitions » Retained Earnings

Jiangsu Huaxicun Co (SZSE:000936) Retained Earnings : ¥3,430 Mil (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Jiangsu Huaxicun Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jiangsu Huaxicun Co's retained earnings for the quarter that ended in Mar. 2024 was ¥3,430 Mil.

Jiangsu Huaxicun Co's quarterly retained earnings declined from Sep. 2023 (¥3,420 Mil) to Dec. 2023 (¥3,390 Mil) but then increased from Dec. 2023 (¥3,390 Mil) to Mar. 2024 (¥3,430 Mil).

Jiangsu Huaxicun Co's annual retained earnings increased from Dec. 2021 (¥3,214 Mil) to Dec. 2022 (¥3,346 Mil) and increased from Dec. 2022 (¥3,346 Mil) to Dec. 2023 (¥3,390 Mil).


Jiangsu Huaxicun Co Retained Earnings Historical Data

The historical data trend for Jiangsu Huaxicun 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.

* Premium members only.

Jiangsu Huaxicun Co Retained Earnings Chart

Jiangsu Huaxicun Co 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 3,325.96 2,948.92 3,213.86 3,345.69 3,390.03

Jiangsu Huaxicun 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 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 3,367.87 3,372.35 3,419.55 3,390.03 3,430.18

Jiangsu Huaxicun 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.


Jiangsu Huaxicun Co  (SZSE:000936) 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.


Jiangsu Huaxicun Co (SZSE:000936) Business Description

Traded in Other Exchanges
N/A
Address
Huaxi Village, Jiangsu Province, Jiangyin, CHN, 214420
Jiangsu Huaxicun Co Ltd is engaged in the manufacture of textile and chemical fiber products as well as the generation and distribution of electric power, terylene short fibers, polyester products and storage services.
Executives
Tang Wei Qing Director
Yu Tong Executives
Wang Hong Yu Directors, executives
Wu Xiu Qin Supervisors
Li Man Liang Directors, executives
Wu Xie En Director
Bian Wu Biao Directors, Directors, and Executives
Wu Wen Tong Directors, executives
Sun Yun Feng Director
Wu Jian Rong Supervisors
Xu Jian Rong Supervisors

Jiangsu Huaxicun Co (SZSE:000936) Headlines

No Headlines