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Huayu Automotive Systems Co (SHSE:600741) Retained Earnings : ¥37,649 Mil (As of Mar. 2024)


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What is Huayu Automotive Systems Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Huayu Automotive Systems Co's retained earnings for the quarter that ended in Mar. 2024 was ¥37,649 Mil.

Huayu Automotive Systems Co's quarterly retained earnings increased from Sep. 2023 (¥34,537 Mil) to Dec. 2023 (¥36,387 Mil) and increased from Dec. 2023 (¥36,387 Mil) to Mar. 2024 (¥37,649 Mil).

Huayu Automotive Systems Co's annual retained earnings increased from Dec. 2021 (¥28,126 Mil) to Dec. 2022 (¥32,108 Mil) and increased from Dec. 2022 (¥32,108 Mil) to Dec. 2023 (¥36,387 Mil).


Huayu Automotive Systems Co Retained Earnings Historical Data

The historical data trend for Huayu Automotive Systems 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.

Huayu Automotive Systems Co Retained Earnings Chart

Huayu Automotive Systems 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 28,140.62 30,250.79 28,125.62 32,108.15 36,386.82

Huayu Automotive Systems 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 33,541.94 32,405.23 34,537.33 36,386.82 37,649.03

Huayu Automotive Systems 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.


Huayu Automotive Systems Co  (SHSE:600741) 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.


Huayu Automotive Systems Co (SHSE:600741) Business Description

Traded in Other Exchanges
N/A
Address
489, WeiHai Road, Shanghai, CHN, 200041
Huayu Automotive Systems Co Ltd is a China-based company engaged in the business of manufacturing and marketing of automotive components. The company is focused on the research and development, production, and marketing of automotive components. The organization operates in the business segments of Metal forming and dies which includes press machine dies, door panels, and others; Interior and exterior trimming which includes dashboard, airbag, seat assembly, etc; Electric and electronics parts including motor, roof window, smart key and others; Function parts such as exhaust system, spring, braking system; Hot-worked parts like piston, cylinder head; and New energy vehicle such as driving motor, power steering and other parts.

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