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Sunwoda Electronic Co (SZSE:300207) Retained Earnings : ¥5,405 Mil (As of Mar. 2024)


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What is Sunwoda Electronic Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sunwoda Electronic Co's retained earnings for the quarter that ended in Mar. 2024 was ¥5,405 Mil.

Sunwoda Electronic Co's quarterly retained earnings increased from Sep. 2023 (¥4,899 Mil) to Dec. 2023 (¥5,087 Mil) and increased from Dec. 2023 (¥5,087 Mil) to Mar. 2024 (¥5,405 Mil).

Sunwoda Electronic Co's annual retained earnings increased from Dec. 2021 (¥3,446 Mil) to Dec. 2022 (¥4,245 Mil) and increased from Dec. 2022 (¥4,245 Mil) to Dec. 2023 (¥5,087 Mil).


Sunwoda Electronic Co Retained Earnings Historical Data

The historical data trend for Sunwoda Electronic 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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Sunwoda Electronic Co Retained Earnings Chart

Sunwoda Electronic 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 2,226.73 2,772.81 3,445.78 4,244.96 5,086.59

Sunwoda Electronic 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 4,080.02 4,534.29 4,899.47 5,086.59 5,405.25

Sunwoda Electronic 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.


Sunwoda Electronic Co  (SZSE:300207) 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.


Sunwoda Electronic Co (SZSE:300207) Business Description

Traded in Other Exchanges
Address
No. 2, Yihe Road, Shilong Community, 1st Floor, Building 2, 2nd Floor, Building 2, 2nd Floor, Baoan District, Guangdong, Shenzhen, CHN, 518108
Sunwoda Electronic Co Ltd is a hi-tech enterprise which focuses on the research, design, manufacture, and sales of the Li-ion battery module. Sunwoda's Li-ion battery product covers li-ion batteries for mobile phone, digital camera, laptop, netbook, electronic paper book, power-driven tool, industrial mobile lighting, and medical equipment. The group is also expanding its products to battery modules for electric bicycle, electric car, and energy storage solution. Geographically the activities are carried out through China.
Executives
Xiao Guang Yu Directors, executives
Zhou Ying Supervisors
Yuan Hui Qiong Supervisors
Huang Ying Securities Affairs Representative
Ceng Di Directors, executives
Wang Wei Directors, executives
Zhou Xiao Xiong Director
Wang Ji Bao Directors, executives
Xiang Hai Biao Executives
Wang Ming Wang Executives, directors
Sun Wei Directors, executives
Li Can Hui Supervisors

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