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Titan Wind Energy (Suzhou) Co (SZSE:002531) Retained Earnings : ¥5,275 Mil (As of Mar. 2024)


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What is Titan Wind Energy (Suzhou) Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Titan Wind Energy (Suzhou) Co's retained earnings for the quarter that ended in Mar. 2024 was ¥5,275 Mil.

Titan Wind Energy (Suzhou) Co's quarterly retained earnings increased from Sep. 2023 (¥5,098 Mil) to Dec. 2023 (¥5,127 Mil) and increased from Dec. 2023 (¥5,127 Mil) to Mar. 2024 (¥5,275 Mil).

Titan Wind Energy (Suzhou) Co's annual retained earnings increased from Dec. 2021 (¥3,905 Mil) to Dec. 2022 (¥4,378 Mil) and increased from Dec. 2022 (¥4,378 Mil) to Dec. 2023 (¥5,127 Mil).


Titan Wind Energy (Suzhou) Co Retained Earnings Historical Data

The historical data trend for Titan Wind Energy (Suzhou) 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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Titan Wind Energy (Suzhou) Co Retained Earnings Chart

Titan Wind Energy (Suzhou) 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 2,306.79 3,001.76 3,904.53 4,377.93 5,127.03

Titan Wind Energy (Suzhou) 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 4,374.89 4,957.74 5,097.87 5,127.03 5,275.40

Titan Wind Energy (Suzhou) 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.


Titan Wind Energy (Suzhou) Co  (SZSE:002531) 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.


Titan Wind Energy (Suzhou) Co (SZSE:002531) Business Description

Traded in Other Exchanges
N/A
Address
28 Ningbo East Road, Jiangsu, Taicang, CHN, 215400
Titan Wind Energy (Suzhou) Co Ltd is engaged in the research, design, manufacture, and distribution of wind towers. The towers are distributed to dozens of countries like the United States, Canada, Brazil, Germany, Sweden, the United Kingdom, Romania, Spain, Australia, New Zealand, Thailand, India and other parts of the world.
Executives
Zhu Bin Secretary, Director
Chen Wei Ming Directors, executives
Ma Long Fei Director
Cai Zhou Supervisors
Yan Jun Xu Directors, executives
Liu Ming Sheng Directors, executives
Xu Bei Zhen Supervisors
Zhu Guo Xue Supervisors
Zheng Kang Sheng Directors, executives
Gong Tao Directors, executives
Jin Yi Securities Affairs Representative

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