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Pci Technology Group Co (SHSE:600728) Retained Earnings : ¥1,417 Mil (As of Sep. 2024)


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What is Pci Technology Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pci Technology Group Co's retained earnings for the quarter that ended in Sep. 2024 was ¥1,417 Mil.

Pci Technology Group Co's quarterly retained earnings declined from Mar. 2024 (¥1,493 Mil) to Jun. 2024 (¥1,445 Mil) and declined from Jun. 2024 (¥1,445 Mil) to Sep. 2024 (¥1,417 Mil).

Pci Technology Group Co's annual retained earnings declined from Dec. 2021 (¥1,506 Mil) to Dec. 2022 (¥1,201 Mil) but then increased from Dec. 2022 (¥1,201 Mil) to Dec. 2023 (¥1,676 Mil).


Pci Technology Group Co Retained Earnings Historical Data

The historical data trend for Pci Technology 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.

* Premium members only.

Pci Technology Group Co Retained Earnings Chart

Pci Technology Group 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 1,204.13 1,222.25 1,506.08 1,201.18 1,676.24

Pci Technology Group 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 1,504.05 1,676.24 1,493.44 1,444.80 1,416.66

Pci Technology 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.


Pci Technology Group Co  (SHSE:600728) 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.


Pci Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 832, Yingbin Road, Donghuan Street, Room 306, Block 2, Panshan Venture Center, Panyu District, Guangdong Province, Guangzhou, CHN, 510230
Pci Technology Group Co Ltd provides artificial intelligence technology and products in China. It also offers face recognition, video structuring, knowledge mapping, big data technology and service to its clients.
Executives
Chen Hui Jun senior management
Zhao Jie senior management
Liu Guang Tian Supervisors
Xu Wei senior management
Shi Li Yang senior management
He Hua Qiang Directors, senior managers
Liu Jia Directors, senior managers
Xiong Jian Feng senior management
Tong Min Li senior management
Li Xu Director
Liu Wen Jian senior management
He Yue Jiao Supervisors
Cheng Yue senior management
Zhang Shao Wen senior management
Wang Shu Hua senior management

Pci Technology Group Co Headlines

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