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M-Grass Ecology And Environment (Group) Co (SZSE:300355) Retained Earnings : ¥1,957 Mil (As of Mar. 2024)


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What is M-Grass Ecology And Environment (Group) Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. M-Grass Ecology And Environment (Group) Co's retained earnings for the quarter that ended in Mar. 2024 was ¥1,957 Mil.

M-Grass Ecology And Environment (Group) Co's quarterly retained earnings declined from Sep. 2023 (¥2,154 Mil) to Dec. 2023 (¥1,987 Mil) and declined from Dec. 2023 (¥1,987 Mil) to Mar. 2024 (¥1,957 Mil).

M-Grass Ecology And Environment (Group) Co's annual retained earnings increased from Dec. 2021 (¥1,859 Mil) to Dec. 2022 (¥1,898 Mil) and increased from Dec. 2022 (¥1,898 Mil) to Dec. 2023 (¥1,987 Mil).


M-Grass Ecology And Environment (Group) Co Retained Earnings Historical Data

The historical data trend for M-Grass Ecology And Environment (Group) 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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M-Grass Ecology And Environment (Group) Co Retained Earnings Chart

M-Grass Ecology And Environment (Group) 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 1,542.97 1,699.27 1,858.87 1,898.30 1,986.78

M-Grass Ecology And Environment (Group) 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 1,945.41 2,041.99 2,153.60 1,986.78 1,957.47

M-Grass Ecology And Environment (Group) 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.


M-Grass Ecology And Environment (Group) Co  (SZSE:300355) 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.


M-Grass Ecology And Environment (Group) Co (SZSE:300355) Business Description

Traded in Other Exchanges
N/A
Address
No. 71 West Yindu building B block 3 layer, Inner Mongolia City College of Hohhot, Huhehot, CHN
M-Grass Ecology And Environment (Group) Co Ltd, formerly Inner Mongolia M-Grass Ecology and Environment (Group) Co Ltd is an ecological restoration company. It provides services to industry in ecological restoration, water gardens, eco-ranch, pasture seed industry, and modern grass industry. Geographically operates through China.
Executives
Wang Zhao Ming Director
Jiao Guo Shan Director
Xu Yong Li Director
Wang Yuan Yuan Executives
Wang Jian Jun Executives
Zhang Zhen Hua Independent director
Li Jin Xia Independent director
Xing Wen Rui Directors, executives
Huang Fu Sheng Executives
Guo Li Xia Supervisors
Sun Xian Hong Director
Zhao Yan Director
Hao Yan Tao Supervisors
Yang Yong Sheng Supervisors

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