GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Corun New Energy Co Ltd (SHSE:600478) » Definitions » Retained Earnings

Hunan Corun New Energy Co (SHSE:600478) Retained Earnings : ¥-238 Mil (As of Mar. 2025)


View and export this data going back to 2003. Start your Free Trial

What is Hunan Corun New Energy Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hunan Corun New Energy Co's retained earnings for the quarter that ended in Mar. 2025 was ¥-238 Mil.

Hunan Corun New Energy Co's quarterly retained earnings increased from Sep. 2024 (¥-327 Mil) to Dec. 2024 (¥-275 Mil) and increased from Dec. 2024 (¥-275 Mil) to Mar. 2025 (¥-238 Mil).

Hunan Corun New Energy Co's annual retained earnings declined from Dec. 2022 (¥-248 Mil) to Dec. 2023 (¥-322 Mil) but then increased from Dec. 2023 (¥-322 Mil) to Dec. 2024 (¥-275 Mil).


Hunan Corun New Energy Co Retained Earnings Historical Data

The historical data trend for Hunan Corun New Energy 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.

Hunan Corun New Energy Co Retained Earnings Chart

Hunan Corun New Energy 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 -460.98 -418.80 -247.91 -322.19 -275.39

Hunan Corun New Energy 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 -288.15 -304.65 -326.90 -275.39 -238.45

Hunan Corun New Energy 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.


Hunan Corun New Energy Co  (SHSE:600478) 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.


Hunan Corun New Energy Co Business Description

Traded in Other Exchanges
N/A
Address
348W Tongzipo Road, National High-Tech Industrial Development Zone, Changsha, Hunan, CHN, 410205
Hunan Corun New Energy Co Ltd is a China-based company engaged in the manufacture and sale of energy storage materials, batteries, electric vehicle battery power pack and its extension products. Its key products include nickel products, power batteries, consumer batteries, and hybrid power assembly systems.
Executives
Zhang Ju Dong Director
Li Qing Lin senior management
Li Zhuo senior management
Zhang Fei senior management
Wang Jian Hui senior management
Zou Lin Director
Lu Yu Bin Director
Yi Xian Ke senior management
Yin Zhi Feng Supervisors
Liu Cai Yun Director
Zhang Wei senior management
Liu Yi senior management
Yu Xin Min senior management
Zhong Xian senior management
Chen Si senior management

Hunan Corun New Energy Co Headlines

No Headlines