Qinghai Spring Medicinal Resources Technology Co (SHSE:600381) Retained Earnings: ¥81.7 Mil (As of Mar. 2026)

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SHSE:600381 Qinghai Spring Medicinal Resources Technology Co Ltd SHSE:600381
64 GF Score
Price ¥4.82
GF Value ¥5.94
Valuation Modestly Undervalued
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What is Qinghai Spring Medicinal Resources Technology Co Retained Earnings?

Qinghai Spring Medicinal Resources Technology Co SHSE:600381 -1.83% 64 Retained Earnings is ¥81.7 Mil as of Mar. 2026. GuruFocus rates SHSE:600381 with a GF Score™ of 64/100 and a GF Value™ of ¥5.94 (Modestly Undervalued).

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Qinghai Spring Medicinal Resources Technology Co's retained earnings for the quarter that ended in Mar. 2026 was ¥81.7 Mil.

Qinghai Spring Medicinal Resources Technology Co's quarterly retained earnings declined from Sep. 2025 (¥132.4 Mil) to Dec. 2025 (¥98.0 Mil) and declined from Dec. 2025 (¥98.0 Mil) to Mar. 2026 (¥81.7 Mil).

Qinghai Spring Medicinal Resources Technology Co's annual retained earnings declined from Dec. 2023 (¥334.0 Mil) to Dec. 2024 (¥135.3 Mil) and declined from Dec. 2024 (¥135.3 Mil) to Dec. 2025 (¥98.0 Mil).


Qinghai Spring Medicinal Resources Technology Co  (SHSE:600381) 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.


Qinghai Spring Medicinal Resources Technology Co Retained Earnings Historical Data

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The historical data trend for Qinghai Spring Medicinal Resources Technology 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.

Qinghai Spring Medicinal Resources Technology Co Retained Earnings Chart

Qinghai Spring Medicinal Resources Technology 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 889.46 601.91 334.05 135.28 97.96

Qinghai Spring Medicinal Resources Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 144.20 136.60 132.45 97.96 81.69
SHSE:600381
64GF Score
Qinghai Spring Medicinal Resources Technology Co Ltd SHSE:600381
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Qinghai Spring Medicinal Resources Technology 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 ¥81.7 Mil mean?
Qinghai Spring Medicinal Resources Technology Co (SHSE:600381) has a Retained Earnings of ¥81.7 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Qinghai Spring Medicinal Resources Technology Co and its competitors.
Is Qinghai Spring Medicinal Resources Technology Co's Retained Earnings too high?
Qinghai Spring Medicinal Resources Technology Co's current Retained Earnings is ¥81.7 Mil. Overall, Qinghai Spring Medicinal Resources Technology Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qinghai Spring Medicinal Resources Technology Co's Retained Earnings compare to ZTS?
Qinghai Spring Medicinal Resources Technology Co's Retained Earnings of ¥81.7 Mil can be compared against companies in the Drug Manufacturers 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 a Drug Manufacturers company?
A good Retained Earnings depends on the Drug Manufacturers 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 Qinghai Spring Medicinal Resources Technology Co and its competitors. Qinghai Spring Medicinal Resources Technology Co's current Retained Earnings is ¥81.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qinghai Spring Medicinal Resources Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Qinghai Spring Medicinal Resources Technology Co (SHSE:600381) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.94, compared to a current price of ¥4.82 — trading 18.9% below its estimated fair value. The current Retained Earnings is ¥81.7 Mil. Qinghai Spring Medicinal Resources Technology Co's overall GF Score™ is 64/100. 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 Qinghai Spring Medicinal Resources Technology Co (SHSE:600381), the current Retained Earnings is ¥81.7 Mil as of Mar. 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 Qinghai Spring Medicinal Resources Technology Co (SHSE:600381) Overvalued in 2026?

Based on GuruFocus' analysis, Qinghai Spring Medicinal Resources Technology Co stock appears to be undervalued. The current stock price of ¥4.82 is trading 18.9% below its estimated GF Value™ of ¥5.94. GuruFocus considers Qinghai Spring Medicinal Resources Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:600381:

  • Retained Earnings: ¥81.7 Mil
  • GF Value™: ¥5.94 vs. price of ¥4.82 (18.9% below fair value)
  • GF Score™: 64/100

No single metric tells the full story. See the SHSE:600381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qinghai Spring Medicinal Resources Technology Co Business Description

Address East New Road 1, Xining Economic and Technological Development Zone, Xining, CHN, 810007
Qinghai Spring Medicinal Resources Technology Co Ltd is a China-based company that principally engaged in the integrated development, utilization, production, sales, and consulting services of the natural advantageous resources on the Qinghai-Tibet plateau, as well as the development and utilization of other biological resources. The Company's main products are the cordyceps sinensis series products under the Verygrass brand, which includes cordyceps sinensis pure powder tablet, processed cordyceps sinensis, and raw cordyceps sinensis.
64GF Score

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

¥4.82
Price
¥5.94
GF Value