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Anhui Bossco Environmental Protection Technology Co (SZSE:300422) Retained Earnings : ¥-223 Mil (As of Mar. 2024)


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What is Anhui Bossco Environmental Protection Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Anhui Bossco Environmental Protection Technology Co's retained earnings for the quarter that ended in Mar. 2024 was ¥-223 Mil.

Anhui Bossco Environmental Protection Technology Co's quarterly retained earnings declined from Sep. 2023 (¥-59 Mil) to Dec. 2023 (¥-289 Mil) but then increased from Dec. 2023 (¥-289 Mil) to Mar. 2024 (¥-223 Mil).

Anhui Bossco Environmental Protection Technology Co's annual retained earnings declined from Dec. 2021 (¥378 Mil) to Dec. 2022 (¥-73 Mil) and declined from Dec. 2022 (¥-73 Mil) to Dec. 2023 (¥-289 Mil).


Anhui Bossco Environmental Protection Technology Co Retained Earnings Historical Data

The historical data trend for Anhui Bossco Environmental Protection Technology 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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Anhui Bossco Environmental Protection Technology Co Retained Earnings Chart

Anhui Bossco Environmental Protection Technology 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 762.51 913.50 378.44 -73.47 -289.35

Anhui Bossco Environmental Protection Technology 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 -69.37 -66.70 -59.38 -289.35 -222.64

Anhui Bossco Environmental Protection Technology 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.


Anhui Bossco Environmental Protection Technology Co  (SZSE:300422) 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.


Anhui Bossco Environmental Protection Technology Co (SZSE:300422) Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Kexing Road, Gaoxin Zone, Nanning, Guangxi, CHN, 530007
Anhui Bossco Environmental Protection Technology Co Ltd formerly Guangxi Bossco Environmental Protection Technology Co Ltd is a comprehensive environmental service provider having multiple subsidiaries and service offices across China. Its services include water treatment, ecological rehabilitation, clean production, solid waste treatment, gas treatment, new sources of energy and green products, implementing by manners of engineering, developing, manufacturing, building, operating and investing for the whole business.
Executives
Song Hai Nong Executives
Yang Qi Feng Director
Chen Guo Ning Directors, executives
Li Cheng Qi Directors, executives
Huang Hai Shi Executives
Chen Wen Nan Supervisors
Lu Li Hai Executives
Cheng Zi Xia Securities Affairs Representative
Nong Bin Executives
Zhou Yong Xin Executives
Zhan Lei Executives
Zhao Xuan Directors, executives
He Ning Executives

Anhui Bossco Environmental Protection Technology Co (SZSE:300422) Headlines

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