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Sichuan Energy Investment Development Co (FRA:84H) Retained Earnings : €130.8 Mil (As of Jun. 2024)


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What is Sichuan Energy Investment Development Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sichuan Energy Investment Development Co's retained earnings for the quarter that ended in Jun. 2024 was €130.8 Mil.

Sichuan Energy Investment Development Co's quarterly retained earnings increased from Jun. 2023 (€108.7 Mil) to Dec. 2023 (€131.4 Mil) but then declined from Dec. 2023 (€131.4 Mil) to Jun. 2024 (€130.8 Mil).

Sichuan Energy Investment Development Co's annual retained earnings increased from Dec. 2021 (€97.2 Mil) to Dec. 2022 (€114.2 Mil) and increased from Dec. 2022 (€114.2 Mil) to Dec. 2023 (€131.4 Mil).


Sichuan Energy Investment Development Co Retained Earnings Historical Data

The historical data trend for Sichuan Energy Investment Development 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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Sichuan Energy Investment Development Co Retained Earnings Chart

Sichuan Energy Investment Development Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only - 73.56 97.19 114.22 131.40

Sichuan Energy Investment Development Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 98.94 114.22 108.65 131.40 130.78

Sichuan Energy Investment Development 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.


Sichuan Energy Investment Development Co  (FRA:84H) 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.


Sichuan Energy Investment Development Co Business Description

Traded in Other Exchanges
Address
No. 789, Renhe Road, Wenjiang District, Sichuan Province, Chengdu, CHN, 610081
Sichuan Energy Investment Development Co Ltd is a vertically integrated power supplier and service provider. The Company, together with its subsidiaries, is principally engaged in the power business and power engineering construction services and related businesses. The power business mainly includes power generation and power supply services. EECS business, which consists of electrical engineering construction service and sales of electric equipment and materials.

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