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NISN (NiSun International Enterprise Development Group Co) Retained Earnings : $78.0 Mil (As of Jun. 2024)


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What is NiSun International Enterprise Development Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NiSun International Enterprise Development Group Co's retained earnings for the quarter that ended in Jun. 2024 was $78.0 Mil.

NiSun International Enterprise Development Group Co's quarterly retained earnings increased from Jun. 2023 ($63.5 Mil) to Dec. 2023 ($68.4 Mil) and increased from Dec. 2023 ($68.4 Mil) to Jun. 2024 ($78.0 Mil).

NiSun International Enterprise Development Group Co's annual retained earnings increased from Dec. 2021 ($37.8 Mil) to Dec. 2022 ($53.2 Mil) and increased from Dec. 2022 ($53.2 Mil) to Dec. 2023 ($68.4 Mil).


NiSun International Enterprise Development Group Co Retained Earnings Historical Data

The historical data trend for NiSun International Enterprise Development Group 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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NiSun International Enterprise Development Group Co Retained Earnings Chart

NiSun International Enterprise Development Group 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 27.47 9.63 37.82 53.21 68.40

NiSun International Enterprise Development Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 51.99 53.21 63.54 68.40 78.01

NiSun International Enterprise Development Group 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.


NiSun International Enterprise Development Group Co  (NAS:NISN) 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.


NiSun International Enterprise Development Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 55 Loushanguan Road, Floor 20-21, New Hongqiao Building, Changning District, Shanghai, CHN
NiSun International Enterprise Development Group Co Ltd is a provider of supply chain solutions and integrated financial services. Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, it is engaged in delivering supply chain solutions, and supply chain trading services to its customers across different industries. The company also provides financial solutions to small and mid-sized enterprises within the supply chain ecosystem. Using its fintech platforms, it provides various financing options, including supply chain financing, trade financing, and receivables financing. Geographically, its operations are predominantly focused on markets within the People's Republic of China.
Executives
Apex Trading Group Inc 10 percent owner 181 SPADINA RD., RICHMOND HILL A6 L4B3C5