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Nanjing Iron & Steel Co (SHSE:600282) Retained Earnings : ¥14,116 Mil (As of Mar. 2025)


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What is Nanjing Iron & Steel Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nanjing Iron & Steel Co's retained earnings for the quarter that ended in Mar. 2025 was ¥14,116 Mil.

Nanjing Iron & Steel Co's quarterly retained earnings increased from Sep. 2024 (¥13,139 Mil) to Dec. 2024 (¥13,538 Mil) and increased from Dec. 2024 (¥13,538 Mil) to Mar. 2025 (¥14,116 Mil).

Nanjing Iron & Steel Co's annual retained earnings increased from Dec. 2022 (¥13,367 Mil) to Dec. 2023 (¥13,544 Mil) but then declined from Dec. 2023 (¥13,544 Mil) to Dec. 2024 (¥13,538 Mil).


Nanjing Iron & Steel Co Retained Earnings Historical Data

The historical data trend for Nanjing Iron & Steel 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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Nanjing Iron & Steel Co Retained Earnings Chart

Nanjing Iron & Steel Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,724.70 13,275.25 13,366.93 13,543.51 13,537.87

Nanjing Iron & Steel Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 14,097.44 13,235.55 13,139.25 13,537.87 14,116.31

Nanjing Iron & Steel 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.


Nanjing Iron & Steel Co  (SHSE:600282) 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.


Nanjing Iron & Steel Co Business Description

Traded in Other Exchanges
N/A
Address
Dejiadian, Liuhe District, Jiangsu Province, Nanjing, CHN, 210035
Nanjing Iron & Steel Co Ltd is a China-based company engaged in the business of production and selling of steel products. The company produces rolls, bars, high-speed wire, strips and other steel products. The products are used are used in LNG storage and utilization, shipbuilding and marine engineering, high-speed railway, power steel, automotive steel, bridges and other industries. The company sells its products in China and other international countries.
Executives
Tang Rui senior management
Shao Ren Zhi senior management
Su Bin Director
Zhu Rui Rong Directors, senior managers
Qian Shun Jiang Director
Zhu Ping senior management
Xu Xiao Chun senior management
Zhao Rui Jiang Supervisors
Huang Yi Xin Director
Chu Jue Fei senior management
Chang Jian Hua senior management
Lin Guo Qiang senior management
Yu Zhang Lin senior management
Xu Lin senior management
Yao Yong Kuan Directors, senior managers

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