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Anhui Expressway Co (FRA:HU7) Retained Earnings : €1,403.8 Mil (As of Mar. 2024)


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What is Anhui Expressway Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Anhui Expressway Co's retained earnings for the quarter that ended in Mar. 2024 was €1,403.8 Mil.

Anhui Expressway Co's quarterly retained earnings increased from Sep. 2023 (€1,324.2 Mil) to Dec. 2023 (€1,352.2 Mil) and increased from Dec. 2023 (€1,352.2 Mil) to Mar. 2024 (€1,403.8 Mil).

Anhui Expressway Co's annual retained earnings increased from Dec. 2021 (€1,298.0 Mil) to Dec. 2022 (€1,337.1 Mil) and increased from Dec. 2022 (€1,337.1 Mil) to Dec. 2023 (€1,352.2 Mil).


Anhui Expressway Co Retained Earnings Historical Data

The historical data trend for Anhui Expressway 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.

Anhui Expressway Co Retained Earnings Chart

Anhui Expressway 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 1,018.14 1,031.92 1,298.04 1,337.08 1,352.16

Anhui Expressway 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 1,400.93 1,263.33 1,324.15 1,352.16 1,403.76

Anhui Expressway 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.


Anhui Expressway Co  (FRA:HU7) 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.


Anhui Expressway Co (FRA:HU7) Business Description

Address
No. 520, West Wangjiang Road, Anhui, Hefei, CHN, 230088
Anhui Expressway Co Ltd is engaged in the investment, construction, operation and management of toll roads within Anhui province. The Company acquires operating expressway assets through various means such as investment and construction, acquisition or cooperative operation. The Company provides toll service for vehicles, collects vehicles toll according to the charging standard and maintains, repairs and carries out safety maintenance for the operating expressways. All of the company's external revenue is derived from customers based in Mainland China.

Anhui Expressway Co (FRA:HU7) Headlines

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