Sirnaomics (HKSE:02257) Retained Earnings : HK$-4,012.03 Mil (As of Jun. 2024)

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What is Sirnaomics Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sirnaomics's retained earnings for the quarter that ended in Jun. 2024 was HK$-4,012.03 Mil.

Sirnaomics's quarterly retained earnings declined from Jun. 2023 (HK$-3,383.14 Mil) to Dec. 2023 (HK$-3,691.22 Mil) and declined from Dec. 2023 (HK$-3,691.22 Mil) to Jun. 2024 (HK$-4,012.03 Mil).

Sirnaomics's annual retained earnings declined from Dec. 2021 (HK$-2,386.70 Mil) to Dec. 2022 (HK$-3,069.98 Mil) and declined from Dec. 2022 (HK$-3,069.98 Mil) to Dec. 2023 (HK$-3,691.22 Mil).

Sirnaomics Retained Earnings Historical Data

The historical data trend for Sirnaomics'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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Sirnaomics Retained Earnings Chart

Sirnaomics Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-404.02

-721.44

-2,386.70

-3,069.98

-3,691.22

Sirnaomics Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial				-	-3,069.98	-3,383.14	-3,691.22	-4,012.03

Sirnaomics 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.

Sirnaomics (HKSE:02257) 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.

Sirnaomics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Sirnaomics Ltd (HKSE:02257) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.218 Xinghu Street, Unit 415, A4 Building, Suzhou Industrial Park, Suzhou, CHN

Website

https://www.sirnaomics.com

Sirnaomics Ltd is a therapeutics biopharmaceutical company with product candidates in preclinical and clinical stages that focuses on the discovery and development of drugs for indications with medical needs and large market opportunities. The Group's operations and non-current assets are located at the United States of America and the mainland of the People's Republic of China.

Executives

Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Dai Xiaochang	2201 Interest of corporation controlled by you
Lu Yang	2101 Beneficial owner
Yan Xia Ling	2202 Interest of your spouse
Ceng Yu	2201 Interest of corporation controlled by you
Li Jie	2201 Interest of corporation controlled by you
Li Lele	2202 Interest of your spouse
Shanghai Chongshi Enterprise Management Partnership(lp)	2101 Beneficial owner
Shenzhen Qianhai Rotating Boulder Fund Management Co.,ltd	2201 Interest of corporation controlled by you
Shenzhen Rotating Boulder Tiancheng The Second Investment Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Shenzhen Rotating Boulder Tiancheng The Third Investment Partnership (limited Partnership)	2201 Interest of corporation controlled by you

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