State Grid Informationmmunication Co (SHSE:600131) Retained Earnings: ¥4,984 Mil (As of Jun. 2026)

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SHSE:600131 State Grid Information & Communication Co Ltd SHSE:600131
90 GF Score
Price ¥14.94
GF Value ¥20.48
Valuation Modestly Undervalued
! 2 Warning Signs
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What is State Grid Informationmmunication Co Retained Earnings?

State Grid Informationmmunication Co SHSE:600131 +0.20% 90 Retained Earnings is ¥4,984 Mil as of Jun. 2026. GuruFocus rates SHSE:600131 with a GF Score™ of 90/100 and a GF Value™ of ¥20.48 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. State Grid Informationmmunication Co's retained earnings for the quarter that ended in Jun. 2026 was ¥4,984 Mil.

State Grid Informationmmunication Co's quarterly retained earnings increased from Dec. 2025 (¥4,890 Mil) to Mar. 2026 (¥4,894 Mil) and increased from Mar. 2026 (¥4,894 Mil) to Jun. 2026 (¥4,984 Mil).

State Grid Informationmmunication Co's annual retained earnings increased from Dec. 2023 (¥3,394 Mil) to Dec. 2024 (¥4,526 Mil) and increased from Dec. 2024 (¥4,526 Mil) to Dec. 2025 (¥4,890 Mil).


State Grid Informationmmunication Co  (SHSE:600131) 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.


State Grid Informationmmunication Co Retained Earnings Historical Data

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The historical data trend for State Grid Informationmmunication 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.

State Grid Informationmmunication Co Retained Earnings Chart

State Grid Informationmmunication Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,273.07 2,841.53 3,394.03 4,525.63 4,890.06

State Grid Informationmmunication Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4,586.26 4,672.16 4,890.06 4,894.34 4,983.79
SHSE:600131
90GF Score
State Grid Information & Communication Co Ltd SHSE:600131
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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State Grid Informationmmunication 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ¥4,984 Mil mean?
State Grid Informationmmunication Co (SHSE:600131) has a Retained Earnings of ¥4,984 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on State Grid Informationmmunication Co and its competitors.
Is State Grid Informationmmunication Co's Retained Earnings too high?
State Grid Informationmmunication Co's current Retained Earnings is ¥4,984 Mil. Overall, State Grid Informationmmunication Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does State Grid Informationmmunication Co's Retained Earnings compare to competitors?
State Grid Informationmmunication Co's Retained Earnings of ¥4,984 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Retained Earnings depends on the Utilities - Independent Power Producers 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 State Grid Informationmmunication Co and its competitors. State Grid Informationmmunication Co's current Retained Earnings is ¥4,984 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Grid Informationmmunication Co stock overvalued right now?
Based on GuruFocus' analysis, State Grid Informationmmunication Co (SHSE:600131) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.48, compared to a current price of ¥14.94 — trading 27.1% below its estimated fair value. The current Retained Earnings is ¥4,984 Mil. State Grid Informationmmunication Co's overall GF Score™ is 90/100 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 State Grid Informationmmunication Co (SHSE:600131), the current Retained Earnings is ¥4,984 Mil as of Jun. 2026. 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.

Is State Grid Informationmmunication Co (SHSE:600131) Overvalued in 2026?

Based on GuruFocus' analysis, State Grid Informationmmunication Co stock appears to be undervalued. The current stock price of ¥14.94 is trading 27.1% below its estimated GF Value™ of ¥20.48. GuruFocus considers State Grid Informationmmunication Co to be Modestly Undervalued.

Key valuation signals for SHSE:600131:

  • Retained Earnings: ¥4,984 Mil
  • GF Value™: ¥20.48 vs. price of ¥14.94 (27.1% below fair value)
  • GF Score™: 90/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


State Grid Informationmmunication Co Business Description

Address No. 301 Kuiguang Road, Doujiangyan, Sichuan, CHN, 611830
State Grid Information & Communication Co Ltd, formerly Sichuan Minjiang Hydropower Co Ltd is a China-based company is engaged in the hydroelectric generation business. It is mainly engaged in the development, generation, transmission, distribution, and sales of electric power, as well as other businesses with its subsidiaries.
90GF Score

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

¥14.94
Price
¥20.48
GF Value