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SEED (Origin Agritech) Retained Earnings : $-83.35 Mil (As of Mar. 2024)


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What is Origin Agritech Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Origin Agritech's retained earnings for the quarter that ended in Mar. 2024 was $-83.35 Mil.

Origin Agritech's quarterly retained earnings increased from Mar. 2023 ($-95.48 Mil) to Sep. 2023 ($-82.43 Mil) but then declined from Sep. 2023 ($-82.43 Mil) to Mar. 2024 ($-83.35 Mil).

Origin Agritech's annual retained earnings increased from Sep. 2021 ($-100.78 Mil) to Sep. 2022 ($-93.58 Mil) and increased from Sep. 2022 ($-93.58 Mil) to Sep. 2023 ($-82.43 Mil).


Origin Agritech Retained Earnings Historical Data

The historical data trend for Origin Agritech'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.

Origin Agritech Retained Earnings Chart

Origin Agritech Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -66.61 -82.09 -100.78 -93.58 -82.43

Origin Agritech Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -102.35 -93.58 -95.48 -82.43 -83.35

Origin Agritech 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.


Origin Agritech  (NAS:SEED) 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.


Origin Agritech Business Description

Traded in Other Exchanges
Address
No. 21 Sheng Ming Yuan Road, Changping District, Beijing, CHN, 102206
Origin Agritech Ltd is a Chinese agricultural technology company. In crop seed biotechnologies, the company's phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China's Ministry of Agriculture. Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance (Bt) traits.
Executives
Jeff Feinberg 10 percent owner 20600 NORTHRIDGE ROAD, CHATSWORTH CA 91311
Steven Urbach director C/O CHARDAN CAPITAL MARKETS, LLC, 17 STATE STREET, SUITE 2575, NEW YORK NY 10004
Michael D Chermak director
Gengchen Han director, officer: Chairman of the Board and CEO 21 SHENGMINGYUAN RD, CHANGPING DISTRICT, BEIJING F4 102206
Bailiang Zhang director 95 WENHUA RD., HENAN AGRICULTURAL UNIVERSITY, ZHENGZHOU F4 450002
Dafang Huang director BIOTECHNOLOGY RESEARCH INSTITUTE, 12 ZHONGGUANCUN SOUTH AVE., BEIJING F4 100081
Remo Richli director IM NEUHOF 28, EMMENBRUCKE V8 6020
Richard D Propper officer: VP for Corporate Development
Kerry Propper director CHARDAN CHINA ACQUISITION CORP, 777 SOUTH HIGHWAY 101, SOLANA BEACH CA 92075
Yasheng Yang director, officer: President, Treasurer, COO 21 SHENGMINGYUAN RD, CHANGPING DISTRICT, BEIJING F4 102206
Liang Yuan director, officer: Executive Vice Chairman 21 SHENGMINGYUAN RD, CHANGPING DISTRICT, BEIJING F4 102206