GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Guangshen Railway Co Ltd (OTCPK:GNGYF) » Definitions » Retained Earnings

Guangshen Railway Co (Guangshen Railway Co) Retained Earnings : $669 Mil (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Guangshen Railway Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Guangshen Railway Co's retained earnings for the quarter that ended in Mar. 2024 was $669 Mil.

Guangshen Railway Co's quarterly retained earnings increased from Sep. 2023 ($594 Mil) to Dec. 2023 ($598 Mil) and increased from Dec. 2023 ($598 Mil) to Mar. 2024 ($669 Mil).

Guangshen Railway Co's annual retained earnings declined from Dec. 2021 ($833 Mil) to Dec. 2022 ($475 Mil) but then increased from Dec. 2022 ($475 Mil) to Dec. 2023 ($598 Mil).


Guangshen Railway Co Retained Earnings Historical Data

The historical data trend for Guangshen Railway 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.

Guangshen Railway Co Retained Earnings Chart

Guangshen Railway 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 1,035.56 960.38 833.23 475.13 598.22

Guangshen Railway 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 539.49 557.14 593.51 598.22 669.08

Guangshen Railway 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.


Guangshen Railway Co  (OTCPK:GNGYF) 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.


Guangshen Railway Co (Guangshen Railway Co) Business Description

Traded in Other Exchanges
Address
No. 1052, Heping Road, Guangdong Province, Luohu District, Shenzhen, CHN, 518010
Guangshen Railway Co Ltd is one of the key railway operators in southern China's relatively prosperous Guangdong province. It provides both passenger and freight transportation through its wholly owned Guangzhou Shenzhen intercity express rail line and Guangzhou Pingshi rail line, as well as a few long-distance passenger lines. Its operating segment includes The Railway Transportation Business and others. The majority of revenue is generated from the railway transportation business segment.

Guangshen Railway Co (Guangshen Railway Co) Headlines

From GuruFocus

Fundamental Analysis: Guangshen Railway (GSH)

By Cornelius Chan Cornelius Chan 09-12-2012

Guangshen Railway Filed 2017 Annual Report on Form 20-F

By PRNewswire PRNewswire 05-03-2018