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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Xiamen Tungsten Co's retained earnings for the quarter that ended in Mar. 2026 was ¥9,094 Mil.
Xiamen Tungsten Co's quarterly retained earnings
increased
from Sep. 2025 (¥7,651 Mil) to Dec. 2025 (¥7,987 Mil) and
increased
from Dec. 2025 (¥7,987 Mil) to Mar. 2026 (¥9,094 Mil).
Xiamen Tungsten Co's annual retained earnings
increased
from Dec. 2023 (¥5,756 Mil) to Dec. 2024 (¥6,754 Mil) and
increased
from Dec. 2024 (¥6,754 Mil) to Dec. 2025 (¥7,987 Mil).
Xiamen Tungsten Co (SHSE:600549) 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.
Xiamen Tungsten Co Retained Earnings Historical Data
* Premium members only.
The historical data trend for Xiamen Tungsten 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.
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.
Xiamen Tungsten Co (SHSE:600549) has a Retained Earnings of ¥9,094 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Xiamen Tungsten Co and its competitors.
Is Xiamen Tungsten Co's Retained Earnings too high?
Xiamen Tungsten Co's current Retained Earnings is ¥9,094 Mil. Overall, Xiamen Tungsten Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xiamen Tungsten Co's Retained Earnings compare to competitors?
Xiamen Tungsten Co's Retained Earnings of ¥9,094 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining 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 Xiamen Tungsten Co and its competitors. Xiamen Tungsten Co's current Retained Earnings is ¥9,094 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Tungsten Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Tungsten Co (SHSE:600549) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥31.81, compared to a current price of ¥54.50 — trading 71.3% above its estimated fair value. The current Retained Earnings is ¥9,094 Mil. Xiamen Tungsten Co's overall GF Score™ is 80/100 with 2 warning signs to review. 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 Xiamen Tungsten Co (SHSE:600549), the current Retained Earnings is ¥9,094 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 Xiamen Tungsten Co (SHSE:600549) Overvalued in 2026?
Based on GuruFocus' analysis, Xiamen Tungsten Co stock appears to be overvalued.
The current stock price of ¥54.50 is trading 71.3% above its estimated GF Value™ of ¥31.81.
GuruFocus considers Xiamen Tungsten Co to be Significantly Overvalued.
Key valuation signals for SHSE:600549:
Retained Earnings: ¥9,094 Mil
GF Value™: ¥31.81 vs. price of ¥54.50 (71.3% above fair value)
No single metric tells the full story. See the SHSE:600549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xiamen Tungsten Co Ltd engages in the sale of tungsten, molybdenum, rare earth, and new energy materials in China. The company operates its businesses through four segments. The Tungsten, Molybdenum and Other Nonferrous Metal Products segment focuses on activities such as tungsten ore extraction, smelting, production of tungsten powder and wire, and processing of cemented carbide. The Rare Earth Business segment covers the extraction of rare earth minerals, their smelting and separation, and processing of rare earth-based products. The Battery Materials segment is involved in developing, producing, and marketing materials used in new energy batteries. The Real Estate & Supporting Management segment manages real estate development projects and provides related operational support services.
80GF Score
Get the complete analysis for SHSE:600549
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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