PN (PN Smart Energy) Retained Earnings: $11.41 Mil (As of Sep. 2025)

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PN PN Smart Energy Ltd PN
18 GF Score
Price $3.80
! 2 Warning Signs
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What is PN Smart Energy Retained Earnings?

PN Smart Energy PN -2.06% 18 Retained Earnings is $11.41 Mil as of Sep. 2025. GuruFocus rates PN with a GF Score™ of 18/100. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PN Smart Energy's retained earnings for the quarter that ended in Sep. 2025 was $11.41 Mil.

PN Smart Energy's quarterly retained earnings declined from Sep. 2024 ($14.28 Mil) to Mar. 2025 ($14.21 Mil) and declined from Mar. 2025 ($14.21 Mil) to Sep. 2025 ($11.41 Mil).

PN Smart Energy's annual retained earnings increased from Sep. 2023 ($13.80 Mil) to Sep. 2024 ($14.28 Mil) but then declined from Sep. 2024 ($14.28 Mil) to Sep. 2025 ($11.41 Mil).

PN Smart Energy  (NAS:PN) 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.

PN Smart Energy Retained Earnings Historical Data

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The historical data trend for PN Smart Energy'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.

PN Smart Energy Retained Earnings Chart

PN Smart Energy Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Retained Earnings
11.09 12.71 13.80 14.28 11.41

PN Smart Energy Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Retained Earnings Get a 7-Day Free Trial 13.80 14.18 14.28 14.21 11.41
PN
18GF Score
PN Smart Energy Ltd PN
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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PN Smart Energy 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $11.41 Mil mean?
PN Smart Energy (PN) has a Retained Earnings of $11.41 Mil as of Sep. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on PN Smart Energy and its competitors.
Is PN Smart Energy's Retained Earnings too high?
PN Smart Energy's current Retained Earnings is $11.41 Mil. Overall, PN Smart Energy has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does PN Smart Energy's Retained Earnings compare to SPRU and ASTI?
PN Smart Energy's Retained Earnings of $11.41 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Semiconductors company?
A good Retained Earnings depends on the Semiconductors industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on PN Smart Energy and its competitors. PN Smart Energy's current Retained Earnings is $11.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PN Smart Energy stock overvalued right now?
PN Smart Energy (PN) has a current Retained Earnings of $11.41 Mil. The current Retained Earnings is $11.41 Mil. PN Smart Energy's overall GF Score™ is 18/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For PN Smart Energy (PN), the current Retained Earnings is $11.41 Mil as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PN Smart Energy Business Description

Address No.188 Jinghua Road, Room 303, Block B, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315048
PN Smart Energy Ltd is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. The company operates as an independent power provider (IPP) focused on the development of clean power stations, critical energy materials, and intelligent energy infrastructure. Through its PNTECH brand, the company also manufactures photovoltaic cables and connectors, serving customers across various countries and regions.
18GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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