Smart Powerr (FRA:CR9) Retained Earnings : €-55.92 Mil (As of Mar. 2024)

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What is Smart Powerr Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Smart Powerr's retained earnings for the quarter that ended in Mar. 2024 was €-55.92 Mil.

Smart Powerr's quarterly retained earnings increased from Sep. 2023 (€-56.47 Mil) to Dec. 2023 (€-55.48 Mil) but then declined from Dec. 2023 (€-55.48 Mil) to Mar. 2024 (€-55.92 Mil).

Smart Powerr's annual retained earnings declined from Dec. 2021 (€-48.93 Mil) to Dec. 2022 (€-56.38 Mil) but then increased from Dec. 2022 (€-56.38 Mil) to Dec. 2023 (€-55.48 Mil).

Smart Powerr Retained Earnings Historical Data

The historical data trend for Smart Powerr'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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Smart Powerr Retained Earnings Chart

Smart Powerr Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-41.80

-35.37

-48.93

-56.38

-55.48

Smart Powerr 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															-55.87	-55.46	-56.47	-55.48	-55.92

Smart Powerr 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.

Smart Powerr (FRA:CR9) 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.

Smart Powerr (FRA:CR9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Smart Powerr Corp (FRA:CR9) » Definitions » Retained Earnings

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CREG:USA

Address

Rong Cheng Yun Gu Building Keji 3rd Road, 4th Floor, Tower C, Yanta District, Shaan Xi Province, Xi’an, CHN, 710075

Website

http://www.creg-cn.com

Smart Powerr Corp, is a developer of waste energy recycling. The company design, finance, construct, operate, and transfer energy saving and recovery facilities for multiple energy-intensive industries. Its waste heat-to-energy solution consists of heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes, such as the entrance and exit ends of the cement rotary kilns, to generate electricity. The company's waste gas-to-energy solution consists of a WGPG system that utilizes flammable waste gas from coal mining, petroleum exploitation, refinery processing, or other sources as a fuel source to generate electricity.

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