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Liaoning Shenhua Holdings Co (SHSE:600653) Retained Earnings : ¥-1,555 Mil (As of Sep. 2024)


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What is Liaoning Shenhua Holdings Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Liaoning Shenhua Holdings Co's retained earnings for the quarter that ended in Sep. 2024 was ¥-1,555 Mil.

Liaoning Shenhua Holdings Co's quarterly retained earnings declined from Mar. 2024 (¥-1,526 Mil) to Jun. 2024 (¥-1,538 Mil) and declined from Jun. 2024 (¥-1,538 Mil) to Sep. 2024 (¥-1,555 Mil).

Liaoning Shenhua Holdings Co's annual retained earnings declined from Dec. 2021 (¥-1,127 Mil) to Dec. 2022 (¥-1,300 Mil) and declined from Dec. 2022 (¥-1,300 Mil) to Dec. 2023 (¥-1,499 Mil).


Liaoning Shenhua Holdings Co Retained Earnings Historical Data

The historical data trend for Liaoning Shenhua Holdings 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.

Liaoning Shenhua Holdings Co Retained Earnings Chart

Liaoning Shenhua Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -404.88 -1,168.61 -1,127.27 -1,299.98 -1,498.75

Liaoning Shenhua Holdings Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1,369.79 -1,498.75 -1,525.98 -1,537.68 -1,554.99

Liaoning Shenhua Holdings 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.


Liaoning Shenhua Holdings Co  (SHSE:600653) 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.


Liaoning Shenhua Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No.109-1 Quanyun Road, Room 235, 2nd Floor, Pilot Free Trade Zone, Shenyang, CHN, 200002
Liaoning Shenhua Holdings Co Ltd formerly Shanghai Shenhua Holdings Company is engaged in the manufacture and distribution of automobile and after-market services. It is also involved in renewable energy, real estate, financial investment and industrial management in China.
Executives
Dou Bo Director
Liu Dong Li Director
Zhang Jian Mei Supervisors

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