GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Prinx Chengshan Holdings Ltd (HKSE:01809) » Definitions » Retained Earnings

Prinx Chengshan Holdings (HKSE:01809) Retained Earnings : HK$3,912 Mil (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Prinx Chengshan Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Prinx Chengshan Holdings's retained earnings for the quarter that ended in Dec. 2024 was HK$3,912 Mil.

Prinx Chengshan Holdings's quarterly retained earnings increased from Dec. 2023 (HK$3,011 Mil) to Jun. 2024 (HK$3,650 Mil) and increased from Jun. 2024 (HK$3,650 Mil) to Dec. 2024 (HK$3,912 Mil).

Prinx Chengshan Holdings's annual retained earnings increased from Dec. 2022 (HK$2,195 Mil) to Dec. 2023 (HK$3,011 Mil) and increased from Dec. 2023 (HK$3,011 Mil) to Dec. 2024 (HK$3,912 Mil).


Prinx Chengshan Holdings Retained Earnings Historical Data

The historical data trend for Prinx Chengshan Holdings'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.

Prinx Chengshan Holdings Retained Earnings Chart

Prinx Chengshan Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,891.09 2,121.49 2,195.41 3,010.59 3,911.71

Prinx Chengshan Holdings Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2,195.41 2,383.23 3,010.59 3,649.77 3,911.71

Prinx Chengshan Holdings 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.


Prinx Chengshan Holdings  (HKSE:01809) 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.


Prinx Chengshan Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 98 Nanshan North Road, Shandong Province, Rongcheng, CHN
Prinx Chengshan Holdings Ltd is a tire manufacturer. It sells its products under the brand name Prinx, Chengshan, Austone, and Fortune. Geographically, it generates maximum revenue from Mainland China but also has a presence in the Americas, Asia, Africa, the Middle East, and Other countries.
Executives
Zhong Guo Zhong Xing Qi Che Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Li Xiuxiang 2201 Interest of corporation controlled by you
Che Baozhen 2101 Beneficial owner
Che Hongzhi
Bi Wenjing 2202 Interest of your spouse
Shang Hai Cheng Zhan Xin Xi Ke Ji Zhong Xin 2201 Interest of corporation controlled by you
Bei Jing Zhong Ming Xin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Cheng Shan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Li Xiuxiang 2201 Interest of corporation controlled by you
Che Hongzhi 2202 Interest of your spouse
Che Baozhen 2201 Interest of corporation controlled by you
Red Avenue Investment Group Limited 2201 Interest of corporation controlled by you
Sino Legend Holding Group Limited 2101 Beneficial owner
Zhang Ning 2201 Interest of corporation controlled by you
Hua Qi Zhong Guo Hua Gong You Xian Gong Si 2201 Interest of corporation controlled by you

Prinx Chengshan Holdings Headlines

No Headlines