GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Changchun Gas Co Ltd (SHSE:600333) » Definitions » Retained Earnings

Changchun Gas Co (SHSE:600333) Retained Earnings : ¥138 Mil (As of Mar. 2025)


View and export this data going back to 2000. Start your Free Trial

What is Changchun Gas Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Changchun Gas Co's retained earnings for the quarter that ended in Mar. 2025 was ¥138 Mil.

Changchun Gas Co's quarterly retained earnings increased from Sep. 2024 (¥90 Mil) to Dec. 2024 (¥140 Mil) but then declined from Dec. 2024 (¥140 Mil) to Mar. 2025 (¥138 Mil).

Changchun Gas Co's annual retained earnings declined from Dec. 2022 (¥241 Mil) to Dec. 2023 (¥173 Mil) and declined from Dec. 2023 (¥173 Mil) to Dec. 2024 (¥140 Mil).


Changchun Gas Co Retained Earnings Historical Data

The historical data trend for Changchun Gas 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.

* Premium members only.

Changchun Gas Co Retained Earnings Chart

Changchun Gas 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 344.67 339.25 240.63 172.91 139.75

Changchun Gas 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 156.76 119.06 89.87 139.75 138.47

Changchun Gas 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.


Changchun Gas Co  (SHSE:600333) 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.


Changchun Gas Co Business Description

Traded in Other Exchanges
N/A
Address
No. 421 Yan'an Street, Chaoyang District, Changchun, Jilin, CHN, 130061
Changchun Gas Co Ltd is engaged in the production and supply of gas in China. It engages in the production, sale, storage, transportation, and after-sales service of natural gas for automobiles; operation of gas filling stations.
Executives
Liu Yan Zhi senior management
Liang Yong Xiang Directors, senior managers
Jin Yong Hao senior management
Tong Shao Guang senior management
Sun Ping Director
Sun Shu Huai Directors, senior managers
Zhao Feng Qi Supervisors
Guo Jun Supervisors

Changchun Gas Co Headlines

No Headlines