Central China Securities Co (FRA:21C) Retained Earnings: €109.6 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:21C Central China Securities Co Ltd FRA:21C
35 GF Score
Price €0.17
GF Value €0.24
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Central China Securities Co Retained Earnings?

Central China Securities Co FRA:21C +0.58% 35 Retained Earnings is €109.6 Mil as of Mar. 2026. GuruFocus rates FRA:21C with a GF Score™ of 35/100 and a GF Value™ of €0.24 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Central China Securities Co's retained earnings for the quarter that ended in Mar. 2026 was €109.6 Mil.

Central China Securities Co's quarterly retained earnings increased from Sep. 2025 (€75.3 Mil) to Dec. 2025 (€85.4 Mil) and increased from Dec. 2025 (€85.4 Mil) to Mar. 2026 (€109.6 Mil).

Central China Securities Co's annual retained earnings increased from Dec. 2023 (€31.1 Mil) to Dec. 2024 (€47.0 Mil) and increased from Dec. 2024 (€47.0 Mil) to Dec. 2025 (€85.4 Mil).


Central China Securities Co  (FRA:21C) 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.


Central China Securities Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for Central China Securities 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.

Central China Securities Co Retained Earnings Chart

Central China Securities Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.03 28.61 31.14 47.03 85.43

Central China Securities Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 58.79 65.02 75.34 85.43 109.60
FRA:21C
35GF Score
Central China Securities Co Ltd FRA:21C
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central China Securities 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €109.6 Mil mean?
Central China Securities Co (FRA:21C) has a Retained Earnings of €109.6 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Central China Securities Co and its competitors.
Is Central China Securities Co's Retained Earnings too high?
Central China Securities Co's current Retained Earnings is €109.6 Mil. Overall, Central China Securities Co has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central China Securities Co's Retained Earnings compare to MS and GS?
Central China Securities Co's Retained Earnings of €109.6 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Capital Markets company?
A good Retained Earnings depends on the Capital Markets industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Central China Securities Co and its competitors. Central China Securities Co's current Retained Earnings is €109.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central China Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Central China Securities Co (FRA:21C) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.24, compared to a current price of €0.17 — trading 27.5% below its estimated fair value. The current Retained Earnings is €109.6 Mil. Central China Securities Co's overall GF Score™ is 35/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Central China Securities Co (FRA:21C), the current Retained Earnings is €109.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Central China Securities Co (FRA:21C) Overvalued in 2026?

Based on GuruFocus' analysis, Central China Securities Co stock appears to be undervalued. The current stock price of €0.17 is trading 27.5% below its estimated GF Value™ of €0.24. GuruFocus considers Central China Securities Co to be Modestly Undervalued.

Key valuation signals for FRA:21C:

  • Retained Earnings: €109.6 Mil
  • GF Value™: €0.24 vs. price of €0.17 (27.5% below fair value)
  • GF Score™: 35/100 with 3 warning signs

No single metric tells the full story. See the FRA:21C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central China Securities Co Business Description

Other Exchanges 01375:Hong Kong601375:China
Address No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Central China Securities Co Ltd is a securities firm in Henan with a full-service business platform and strategic presence in China. Its reporting segments are mainly divided into: wealth management business segment, proprietary business segment, investment banking business segment, credit business segment, investment management business segment, futures business segment, overseas business segment, headquarters, and other business segment.
35GF Score

Get the complete analysis for FRA:21C

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.17
Price
€0.24
GF Value