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Inner Mongolia Dian Tou Energy (SZSE:002128) Retained Earnings : ¥22,697 Mil (As of Mar. 2024)


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What is Inner Mongolia Dian Tou Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Inner Mongolia Dian Tou Energy's retained earnings for the quarter that ended in Mar. 2024 was ¥22,697 Mil.

Inner Mongolia Dian Tou Energy's quarterly retained earnings increased from Sep. 2023 (¥20,185 Mil) to Dec. 2023 (¥20,752 Mil) and increased from Dec. 2023 (¥20,752 Mil) to Mar. 2024 (¥22,697 Mil).

Inner Mongolia Dian Tou Energy's annual retained earnings increased from Dec. 2021 (¥14,696 Mil) to Dec. 2022 (¥17,721 Mil) and increased from Dec. 2022 (¥17,721 Mil) to Dec. 2023 (¥20,752 Mil).


Inner Mongolia Dian Tou Energy Retained Earnings Historical Data

The historical data trend for Inner Mongolia Dian Tou Energy'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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Inner Mongolia Dian Tou Energy Retained Earnings Chart

Inner Mongolia Dian Tou Energy 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 10,573.05 11,875.18 14,696.25 17,721.43 20,752.31

Inner Mongolia Dian Tou Energy 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 19,339.68 19,183.55 20,185.50 20,752.31 22,696.65

Inner Mongolia Dian Tou Energy 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.


Inner Mongolia Dian Tou Energy  (SZSE:002128) 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.


Inner Mongolia Dian Tou Energy (SZSE:002128) Business Description

Traded in Other Exchanges
N/A
Address
Zhelimu Avenue, Huolinguole, Inner Mongolia, CHN, 029200
Huolinhe Opencut Coal Industry Corp Ltd Of Inner Mongolia operates in the coal industry. The company's main business is the production and sales of coal products; thermal power generation, coal mining and power generation.
Executives
Wang Zhen Lin Executives
Wang Tie Jun Executives
Cao Guang Hua Supervisors
He Jiang Chao Director
Xu Zhang You Executives
Liu Ming Sheng Director
Bai Gui Tang Supervisors
Wang Shu Dong Director
Mu Yan Rong Director
Zhang Xia Director
Wang Zhi Tian Executives
Mao Ai Ying Supervisors
Zhang Ming Yu Independent director, within six months of separat
Chen Li Jie Directors, executives
Liu Yi Yong Directors, executives

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