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Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Retained Earnings : ¥4,914 Mil (As of Mar. 2025)


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What is Changjiang & Jinggong Steel Building (Group) Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Changjiang & Jinggong Steel Building (Group) Co's retained earnings for the quarter that ended in Mar. 2025 was ¥4,914 Mil.

Changjiang & Jinggong Steel Building (Group) Co's quarterly retained earnings increased from Sep. 2024 (¥4,786 Mil) to Dec. 2024 (¥4,789 Mil) and increased from Dec. 2024 (¥4,789 Mil) to Mar. 2025 (¥4,914 Mil).

Changjiang & Jinggong Steel Building (Group) Co's annual retained earnings increased from Dec. 2022 (¥3,986 Mil) to Dec. 2023 (¥4,429 Mil) and increased from Dec. 2023 (¥4,429 Mil) to Dec. 2024 (¥4,789 Mil).


Changjiang & Jinggong Steel Building (Group) Co Retained Earnings Historical Data

The historical data trend for Changjiang & Jinggong Steel Building (Group) 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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Changjiang & Jinggong Steel Building (Group) Co Retained Earnings Chart

Changjiang & Jinggong Steel Building (Group) 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 2,781.44 3,384.59 3,985.91 4,429.43 4,789.42

Changjiang & Jinggong Steel Building (Group) 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 4,526.92 4,583.09 4,785.52 4,789.42 4,913.56

Changjiang & Jinggong Steel Building (Group) 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.


Changjiang & Jinggong Steel Building (Group) Co  (SHSE:600496) 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.


Changjiang & Jinggong Steel Building (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
Chang Jiang Jing Gong Industrial Park, Economic and Technological Development Zone, Anhui, Liu'an, CHN, 237161
Changjiang & Jinggong Steel Building (Group) Co Ltd is a China-based company engaged in the design, production, construction, and engineering services of steel construction and enclosure system. Its main products include light steel structures, space large span steel structures, high-rise steel structures, envelope systems and fasteners, as well as curtain wall systems. The company mainly operates its businesses in the domestic and overseas markets.
Executives
Fang Chao Yang Director
Zhang Xiao Ying senior management
Shen Yue Hua senior management
Qiu Jian Hua senior management
Chen Shui Fu senior management
Chen Guo Dong senior management
Sun Guan Fu Director
Yan Hong Director
Qian Wei Jun Director
Lou Bao Liang senior management

Changjiang & Jinggong Steel Building (Group) Co Headlines

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