GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluminum Corp of China Ltd (OTCPK:ACHHY) » Definitions » Retained Earnings

Aluminum of China (Aluminum of China) Retained Earnings : $2,511 Mil (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Aluminum of China Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aluminum of China's retained earnings for the quarter that ended in Mar. 2024 was $2,511 Mil.

Aluminum of China's quarterly retained earnings increased from Sep. 2023 ($2,038 Mil) to Dec. 2023 ($2,220 Mil) and increased from Dec. 2023 ($2,220 Mil) to Mar. 2024 ($2,511 Mil).

Aluminum of China's annual retained earnings increased from Dec. 2021 ($1,084 Mil) to Dec. 2022 ($1,460 Mil) and increased from Dec. 2022 ($1,460 Mil) to Dec. 2023 ($2,220 Mil).


Aluminum of China Retained Earnings Historical Data

The historical data trend for Aluminum of China'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.

Aluminum of China Retained Earnings Chart

Aluminum of China 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 -301.50 -287.92 1,083.80 1,460.34 2,219.92

Aluminum of China 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 1,740.78 1,806.15 2,038.09 2,219.92 2,510.71

Aluminum of China 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.


Aluminum of China  (OTCPK:ACHHY) 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.


Aluminum of China (Aluminum of China) Business Description

Address
No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. The Alumina segment consists of the mining and purchase of bauxite and other raw materials. The Primary aluminum segment consists of the procurement of alumina, supplemental materials, and electric power. Its Energy segment comprises the production and operation of energy products mainly coal mining. The Trading segment includes the trading of alumina primary aluminum, aluminum fabrication products, other non-ferrous metal products and Corporate and other operating segments. Geographically, it operates in Mainland China, as well as other countries. It generates a major part of its revenue from the Trading segment.

Aluminum of China (Aluminum of China) Headlines

From GuruFocus

6 Companies That Beat the S&P 500 Index

By Tiziano Frateschi Tiziano Frateschi 01-05-2017

Aluminum of China Stock Appears To Be Fairly Valued

By GF Value GF Value 04-01-2021

7 Stocks That Are Outperforming the Market

By Tiziano Frateschi Tiziano Frateschi 03-22-2017