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Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Retained Earnings : ¥1,508 Mil (As of Mar. 2024)


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What is Wuxi Commercial Mansion Grand Orient Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wuxi Commercial Mansion Grand Orient Co's retained earnings for the quarter that ended in Mar. 2024 was ¥1,508 Mil.

Wuxi Commercial Mansion Grand Orient Co's quarterly retained earnings increased from Sep. 2023 (¥1,473 Mil) to Dec. 2023 (¥1,481 Mil) and increased from Dec. 2023 (¥1,481 Mil) to Mar. 2024 (¥1,508 Mil).

Wuxi Commercial Mansion Grand Orient Co's annual retained earnings declined from Dec. 2021 (¥1,560 Mil) to Dec. 2022 (¥1,407 Mil) but then increased from Dec. 2022 (¥1,407 Mil) to Dec. 2023 (¥1,481 Mil).


Wuxi Commercial Mansion Grand Orient Co Retained Earnings Historical Data

The historical data trend for Wuxi Commercial Mansion Grand Orient 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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Wuxi Commercial Mansion Grand Orient Co Retained Earnings Chart

Wuxi Commercial Mansion Grand Orient 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 1,429.75 1,372.33 1,560.44 1,407.09 1,481.32

Wuxi Commercial Mansion Grand Orient Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1,430.97 1,481.05 1,473.35 1,481.32 1,508.48

Wuxi Commercial Mansion Grand Orient 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.


Wuxi Commercial Mansion Grand Orient Co  (SHSE:600327) 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.


Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Business Description

Traded in Other Exchanges
N/A
Address
No. 343 Zhongshan Road, Jiangsu Province, Wuxi, CHN, 214001
Wuxi Commercial Mansion Grand Orient Co Ltd operates retail department stores. The company is also involved in the automotive business and food manufacturing operations.
Executives
Xie Wei Dong Director
Gao Bing Hua Director
Zhang Sheng Ming senior management
Wang Jing Long senior management
Xi Guo Liang Director
Zhang Zhi Hua Director
Fang Min Jia Supervisors
Gao Jie Supervisors
Pan Xiao Yan Director
Xu Biao Director
Zhang Sheng Min Director

Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Headlines

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