GURUFOCUS.COM » STOCK LIST » Technology » Software » Taiji Computer Corp Ltd (SZSE:002368) » Definitions » Retained Earnings

Taiji Computer (SZSE:002368) Retained Earnings : ¥2,529 Mil (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Taiji Computer Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Taiji Computer's retained earnings for the quarter that ended in Mar. 2024 was ¥2,529 Mil.

Taiji Computer's quarterly retained earnings increased from Sep. 2023 (¥2,289 Mil) to Dec. 2023 (¥2,513 Mil) and increased from Dec. 2023 (¥2,513 Mil) to Mar. 2024 (¥2,529 Mil).

Taiji Computer's annual retained earnings increased from Dec. 2021 (¥2,012 Mil) to Dec. 2022 (¥2,271 Mil) and increased from Dec. 2022 (¥2,271 Mil) to Dec. 2023 (¥2,513 Mil).


Taiji Computer Retained Earnings Historical Data

The historical data trend for Taiji Computer'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.

* Premium members only.

Taiji Computer Retained Earnings Chart

Taiji Computer 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 1,517.98 1,763.46 2,011.76 2,270.98 2,513.01

Taiji Computer 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 2,298.19 2,321.52 2,289.15 2,513.01 2,529.34

Taiji Computer 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.


Taiji Computer  (SZSE:002368) 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.


Taiji Computer (SZSE:002368) Business Description

Traded in Other Exchanges
N/A
Address
Rongda Road, China Electric Power Taiji Information Industry Park, Chaoyang District, Beijing, CHN
Taiji Computer Corp Ltd is engaged in the designing and engineering construction of information systems in China. It offers information technology consulting services, industry solution services, infrastructure services, operational services, and various other value-added IT services. In addition, the company is also involved in the information construction of government, finance, energy, manufacturing, and public utilities.
Executives
Feng Guo Kuan Executives
Lv Yi Director
Chai Yong Mao Directors, executives
Wang Yu Zhong Supervisors
Xiao Yi Executives
Shen Long Zhe Executives
Zhong Kai Executives
Wang Xin Zhong Executives
Zheng Ji Yun Securities Affairs Representative
Zhang Su Wei Executives
Xu Shi Jun Executives
He Jing Supervisors
Liu Huai Song Directors, executives
Liu Xiao Wei Directors, executives
Wang Ya Feng Directors, executives

Taiji Computer (SZSE:002368) Headlines

No Headlines