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Tsaker New Energy Tech Co (HKSE:01986) Retained Earnings : HK$1,540 Mil (As of Dec. 2024)


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What is Tsaker New Energy Tech Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tsaker New Energy Tech Co's retained earnings for the quarter that ended in Dec. 2024 was HK$1,540 Mil.

Tsaker New Energy Tech Co's quarterly retained earnings increased from Dec. 2023 (HK$1,605 Mil) to Jun. 2024 (HK$1,621 Mil) but then declined from Jun. 2024 (HK$1,621 Mil) to Dec. 2024 (HK$1,540 Mil).

Tsaker New Energy Tech Co's annual retained earnings declined from Dec. 2022 (HK$1,631 Mil) to Dec. 2023 (HK$1,605 Mil) and declined from Dec. 2023 (HK$1,605 Mil) to Dec. 2024 (HK$1,540 Mil).


Tsaker New Energy Tech Co Retained Earnings Historical Data

The historical data trend for Tsaker New Energy Tech 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.

Tsaker New Energy Tech Co Retained Earnings Chart

Tsaker New Energy Tech Co 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 1,247.63 1,497.87 1,631.05 1,605.10 1,539.60

Tsaker New Energy Tech Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 1,631.05 1,628.94 1,605.10 1,621.03 1,539.60

Tsaker New Energy Tech 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.


Tsaker New Energy Tech Co  (HKSE:01986) 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.


Tsaker New Energy Tech Co Business Description

Traded in Other Exchanges
N/A
Address
Yard 109, Jinghai 3rd Road, 1st Floor, Building 10, Beijing Economic-Technological Development Area, Beijing, CHN, 100020
Tsaker New Energy Tech Co Ltd is engaged in integrating green technology into research and development (R&D) and the production of fine chemicals such as dyes and pigment intermediates. It has many advanced production plants, including the world's largest production plant for DSD Acid, DMSS, as well as one of the world's three largest mononitrotoluene production plants. The company has three reportable operating segments; the battery materials segment, the dye and agricultural chemical intermediates segment, and the pigment intermediates and new materials segment. The majority of the revenue is from the dye and agricultural chemical intermediates segment.
Executives
Ge Yi
Hero Time Ventures Limited
Qi Lin
Radiant Pearl Holdings Limited
Star Path Ventures Limited
Cavalli Enterprises Inc.
Ge Chenghui
Ge Chengyu
Hero Time Corporate Management Pte. Ltd.
Star Path Corporate Management Pte. Ltd.
Pan Deyuan 2101 Beneficial owner

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