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NAURA Technology Group Co (SZSE:002371) Retained Earnings : ¥9,902 Mil (As of Mar. 2024)


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What is NAURA Technology Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NAURA Technology Group Co's retained earnings for the quarter that ended in Mar. 2024 was ¥9,902 Mil.

NAURA Technology Group Co's quarterly retained earnings increased from Sep. 2023 (¥7,808 Mil) to Dec. 2023 (¥8,776 Mil) and increased from Dec. 2023 (¥8,776 Mil) to Mar. 2024 (¥9,902 Mil).

NAURA Technology Group Co's annual retained earnings increased from Dec. 2021 (¥2,924 Mil) to Dec. 2022 (¥5,159 Mil) and increased from Dec. 2022 (¥5,159 Mil) to Dec. 2023 (¥8,776 Mil).


NAURA Technology Group Co Retained Earnings Historical Data

The historical data trend for NAURA Technology Group 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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NAURA Technology Group Co Retained Earnings Chart

NAURA Technology Group 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 1,397.66 1,903.40 2,924.09 5,159.18 8,775.83

NAURA Technology Group 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 5,750.86 6,722.76 7,807.59 8,775.83 9,902.38

NAURA Technology Group 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.


NAURA Technology Group Co  (SZSE:002371) 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.


NAURA Technology Group Co (SZSE:002371) Business Description

Traded in Other Exchanges
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Address
No.1 Jiuxianqiao East Road, Chao Yang District, Beijing, CHN, 100015
NAURA Technology Group Co Ltd engages in the research, development, manufacture, sale, and service of electronic equipment and components in the People's Republic of China. The company offers semiconductor equipment, including etching equipment, PVD and CVD equipment, oxidation/diffusion equipment, cleaning equipment, novel display equipment, gas mass flow controllers, etc.; and vacuum heat treatment equipment and technical solutions for the semiconductors, photovoltaic equipment, vacuum electronic devices, magnetic materials, aerospace, and smart power grid sectors.

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