BYD Co (FRA:BY6) Retained Earnings : €9,159 Mil (As of Mar. 2024)

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What is BYD Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BYD Co's retained earnings for the quarter that ended in Mar. 2024 was €9,159 Mil.

BYD Co's quarterly retained earnings increased from Sep. 2023 (€7,573 Mil) to Dec. 2023 (€8,621 Mil) and increased from Dec. 2023 (€8,621 Mil) to Mar. 2024 (€9,159 Mil).

BYD Co's annual retained earnings increased from Dec. 2021 (€3,676 Mil) to Dec. 2022 (€5,544 Mil) and increased from Dec. 2022 (€5,544 Mil) to Dec. 2023 (€8,621 Mil).

BYD Co Retained Earnings Historical Data

The historical data trend for BYD 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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BYD Co Retained Earnings Chart

BYD Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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2,701.94

3,074.23

3,675.99

5,543.90

8,620.58

BYD 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															6,109.28	6,260.33	7,573.34	8,620.58	9,158.83

BYD 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.

BYD Co (FRA:BY6) 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.

BYD Co (FRA:BY6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BYD Co Ltd (FRA:BY6) » Definitions » Retained Earnings

Traded in Other Exchanges

BYDDY:USA BYDDF:USA 01211:Hong Kong 0VSO:UK 002594:China BY6:Austria

Address

No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118

Website

https://www.byd.com

Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.

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