Xiamen C & D (SHSE:600153) Retained Earnings : ¥47,810 Mil (As of Mar. 2024)

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What is Xiamen C & D Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Xiamen C & D's retained earnings for the quarter that ended in Mar. 2024 was ¥47,810 Mil.

Xiamen C & D's quarterly retained earnings increased from Sep. 2023 (¥46,669 Mil) to Dec. 2023 (¥47,307 Mil) and increased from Dec. 2023 (¥47,307 Mil) to Mar. 2024 (¥47,810 Mil).

Xiamen C & D's annual retained earnings increased from Dec. 2021 (¥33,134 Mil) to Dec. 2022 (¥37,003 Mil) and increased from Dec. 2022 (¥37,003 Mil) to Dec. 2023 (¥47,307 Mil).

Xiamen C & D Retained Earnings Historical Data

The historical data trend for Xiamen C & D'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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Xiamen C & D Retained Earnings Chart

Xiamen C & D Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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25,734.84

28,683.19

33,134.13

37,002.67

47,307.38

Xiamen C & D 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															37,739.04	36,300.53	46,669.05	47,307.38	47,809.92

Xiamen C & D 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.

Xiamen C & D (SHSE:600153) 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.

Xiamen C & D (SHSE:600153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Xiamen C & D Inc (SHSE:600153) » Definitions » Retained Earnings

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Address

No. 1699 Huandao East Road, 30th Floor, C&D International Building, Xiamen, CHN, 361008

Website

http://www.chinacnd.com

Xiamen C & D Inc is a China-based modern service-oriented company mainly specializing in supply chain operation and real estate development. In regard to supply chain operation, the company has formed core business units, namely, pulp and paper, iron and steel, mineral products, agricultural products, textiles and other light industrial goods, chemical products, mechanical and electrical products, logistics services, automobiles and wines/spirits.

Executives

Jiang Gui Zhi	senior management
Wang Zhi Bing	senior management
Chen Dong Xu	Directors, senior managers
Xu Jia Na	senior management
Zheng Yong Da	Directors, senior managers
Lin Mao	Directors, senior managers
Huang Wen Zhou	Director
Ye Yan Liu	Director
Wang Qin	Director
Wu Xiao Min	Director
Lai Yan Da	senior management
Zhang Yong Feng	Director
Ye Zhi Liang	Director
Xiang Xiao Yun	senior management
Wang Xian Rong	Director

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