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Anhui Conch Cement Co (FRA:AQE) Retained Earnings : €21,782 Mil (As of Mar. 2024)


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What is Anhui Conch Cement Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Anhui Conch Cement Co's retained earnings for the quarter that ended in Mar. 2024 was €21,782 Mil.

Anhui Conch Cement Co's quarterly retained earnings increased from Sep. 2023 (€21,476 Mil) to Dec. 2023 (€21,708 Mil) and increased from Dec. 2023 (€21,708 Mil) to Mar. 2024 (€21,782 Mil).

Anhui Conch Cement Co's annual retained earnings declined from Dec. 2021 (€22,971 Mil) to Dec. 2022 (€22,537 Mil) and declined from Dec. 2022 (€22,537 Mil) to Dec. 2023 (€21,708 Mil).


Anhui Conch Cement Co Retained Earnings Historical Data

The historical data trend for Anhui Conch Cement 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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Anhui Conch Cement Co Retained Earnings Chart

Anhui Conch Cement 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 15,229.30 18,015.46 22,970.97 22,536.90 21,707.94

Anhui Conch Cement 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 22,905.33 21,274.69 21,476.37 21,707.94 21,782.45

Anhui Conch Cement 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.


Anhui Conch Cement Co  (FRA:AQE) 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.


Anhui Conch Cement Co (FRA:AQE) Business Description

Address
No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 388 million metric tons in 2022, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contributed about 71.9% of its 2022 revenue, with the remainder mainly from the trading business and service income.

Anhui Conch Cement Co (FRA:AQE) Headlines

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