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EVE Energy Co (SZSE:300014) Retained Earnings : ¥15,222 Mil (As of Mar. 2024)


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What is EVE Energy Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EVE Energy Co's retained earnings for the quarter that ended in Mar. 2024 was ¥15,222 Mil.

EVE Energy Co's quarterly retained earnings increased from Sep. 2023 (¥13,543 Mil) to Dec. 2023 (¥14,155 Mil) and increased from Dec. 2023 (¥14,155 Mil) to Mar. 2024 (¥15,222 Mil).

EVE Energy Co's annual retained earnings increased from Dec. 2021 (¥7,285 Mil) to Dec. 2022 (¥10,445 Mil) and increased from Dec. 2022 (¥10,445 Mil) to Dec. 2023 (¥14,155 Mil).


EVE Energy Co Retained Earnings Historical Data

The historical data trend for EVE Energy 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.

* Premium members only.

EVE Energy Co Retained Earnings Chart

EVE Energy 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 2,960.50 4,422.21 7,285.34 10,444.98 14,155.37

EVE Energy 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 11,584.69 12,269.06 13,542.53 14,155.37 15,222.24

EVE Energy 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.


EVE Energy Co  (SZSE:300014) 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.


EVE Energy Co (SZSE:300014) Business Description

Traded in Other Exchanges
N/A
Address
EVE Industrial Park, Xikeng Industrial zone, Huihuan Town, Huizhou, Guangdong, CHN
EVE Energy Co Ltd is a China-based company. The company's main business is the development, production, sales of lithium primary batteries, lithium-ion batteries. Lithium primary battery is used in smart meter (water, electricity, gas, heat meter), remote data acquisition system, intelligent security, smart home, intelligent transportation, data storage, medical equipment, oil drilling, military applications and other fields, is a driving force.
Executives
Liu Jian Hua Directors, executives
Ai Xin Ping Director
Li Mu Fen Executives
Sang Tian Executives
Lei Qiao Ping Independent director
Yuan Zhong Zhi Supervisors
Liu Jin Cheng Director
Wang Shi Feng Executives
Wang Yue Lin Independent director
Tang Qiu Ying Directors, executives
Sun Bin Executives
Huang Wei Yan Executives
Duan Cheng Supervisors
Han Ji Yun Directors, executives
Yu Dong Sheng Executives

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