Bank of Gansu Co (HKSE:02139) Retained Earnings : HK$5,243 Mil (As of Dec. 2024)

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What is Bank of Gansu Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank of Gansu Co's retained earnings for the quarter that ended in Dec. 2024 was HK$5,243 Mil.

Bank of Gansu Co's quarterly retained earnings increased from Dec. 2023 (HK$5,247 Mil) to Jun. 2024 (HK$5,578 Mil) but then declined from Jun. 2024 (HK$5,578 Mil) to Dec. 2024 (HK$5,243 Mil).

Bank of Gansu Co's annual retained earnings increased from Dec. 2022 (HK$4,743 Mil) to Dec. 2023 (HK$5,247 Mil) but then declined from Dec. 2023 (HK$5,247 Mil) to Dec. 2024 (HK$5,243 Mil).

Bank of Gansu Co Retained Earnings Historical Data

The historical data trend for Bank of Gansu 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.

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Bank of Gansu Co Retained Earnings Chart

Bank of Gansu Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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4,876.77

5,080.56

4,742.67

5,246.63

5,243.14

Bank of Gansu Co Semi-Annual Data
	Dec14	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															4,742.67	5,090.70	5,246.63	5,578.10	5,243.14

Bank of Gansu 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.

Bank of Gansu Co (HKSE:02139) 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.

Bank of Gansu Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Gansu Co Ltd (HKSE:02139) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

525-1 Donggang West Road, Chengguan District, Gansu Province, Lanzhou City, CHN, 700030

Website

https://www.gsbankchina.com

Bank of Gansu Co Ltd is a commercial bank based in China. The company operates through four segments, which are Corporate banking, Retail banking, Financial market operations, and others. The highest revenue is generated from the Corporate banking segment, which provides a range of financial products and services to corporations and government agencies. These products and services include loans, discounted bills, deposits, fees, commission-based products and services, and other related activities such as consulting, remittance and settlement services, and guarantee services. The Corporate banking segment activities also involve corporate loans and advances, deposit-taking activities, and agency services.

Executives

Zhong Guo Dui Wai Jing Ji Mao Yi Xin Tuo You Xian Gong Si
Pacific Securities Overseas Gong Ying No. 3 Single Asset Management Plan	2501 Other
Gan Su Sheng Xin Ye Zi Chan Jing Ying You Xian Ze Ren Gong Si	2101 Beneficial owner
The Pacific Securities Co., Ltd	2501 Other
Gan Su Jin Rong Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Gao Zhanguang	2202 Interest of your spouse
H.k. Ruijia Trading Company Limited	2101 Beneficial owner
Qian Ruihong	2201 Interest of corporation controlled by you
Clever Gain Management Limited	2106 Person having a security interest in shares
Shinning Ocean Ventures Limited	2201 Interest of corporation controlled by you
Vistra Trust (singapore) Pte. Limited	2201 Interest of corporation controlled by you
China Create Capital Limited	2101 Beneficial owner
Harvest Ahead International Holdings Limited	2101 Beneficial owner
Hua Rong Rong De Zi Chan Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

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