GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Eastroc Beverage (Group) Co Ltd (SHSE:605499) » Definitions » Retained Earnings

Eastroc Beverage (Group) Co (SHSE:605499) Retained Earnings : ¥4,302 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Eastroc Beverage (Group) Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eastroc Beverage (Group) Co's retained earnings for the quarter that ended in Mar. 2024 was ¥4,302 Mil.

Eastroc Beverage (Group) Co's quarterly retained earnings increased from Sep. 2023 (¥3,254 Mil) to Dec. 2023 (¥3,638 Mil) and increased from Dec. 2023 (¥3,638 Mil) to Mar. 2024 (¥4,302 Mil).

Eastroc Beverage (Group) Co's annual retained earnings increased from Dec. 2021 (¥1,558 Mil) to Dec. 2022 (¥2,399 Mil) and increased from Dec. 2022 (¥2,399 Mil) to Dec. 2023 (¥3,638 Mil).


Eastroc Beverage (Group) Co Retained Earnings Historical Data

The historical data trend for Eastroc Beverage (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.

* Premium members only.

Eastroc Beverage (Group) Co Retained Earnings Chart

Eastroc Beverage (Group) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 804.02 1,052.44 1,557.71 2,398.53 3,638.28

Eastroc Beverage (Group) Co Quarterly Data
Dec17 Dec18 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 2,895.78 2,706.63 3,254.11 3,638.28 4,302.16

Eastroc Beverage (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.


Eastroc Beverage (Group) Co  (SHSE:605499) 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.


Eastroc Beverage (Group) Co (SHSE:605499) Business Description

Traded in Other Exchanges
N/A
Address
No. 142, Zhuguang North Road, Taoyuan Street, 1st Floor, Building 3, Zhongguan Honghualing Industrial West Zone, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Eastroc Beverage (Group) Co Ltd is engaged in the research and development, production and sales of beverages.

Eastroc Beverage (Group) Co (SHSE:605499) Headlines

No Headlines