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Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Retained Earnings : ¥35,790 Mil (As of Mar. 2025)


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What is Shanxi Xinghuacun Fen Wine Factory Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shanxi Xinghuacun Fen Wine Factory Co's retained earnings for the quarter that ended in Mar. 2025 was ¥35,790 Mil.

Shanxi Xinghuacun Fen Wine Factory Co's quarterly retained earnings increased from Sep. 2024 (¥31,248 Mil) to Dec. 2024 (¥32,144 Mil) and increased from Dec. 2024 (¥32,144 Mil) to Mar. 2025 (¥35,790 Mil).

Shanxi Xinghuacun Fen Wine Factory Co's annual retained earnings increased from Dec. 2022 (¥18,841 Mil) to Dec. 2023 (¥25,229 Mil) and increased from Dec. 2023 (¥25,229 Mil) to Dec. 2024 (¥32,144 Mil).


Shanxi Xinghuacun Fen Wine Factory Co Retained Earnings Historical Data

The historical data trend for Shanxi Xinghuacun Fen Wine Factory 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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Shanxi Xinghuacun Fen Wine Factory Co Retained Earnings Chart

Shanxi Xinghuacun Fen Wine Factory 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 8,288.57 12,941.04 18,840.96 25,229.17 32,143.89

Shanxi Xinghuacun Fen Wine Factory 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 31,491.59 28,307.81 31,247.90 32,143.89 35,790.36

Shanxi Xinghuacun Fen Wine Factory 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.


Shanxi Xinghuacun Fen Wine Factory Co  (SHSE:600809) 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.


Shanxi Xinghuacun Fen Wine Factory Co Business Description

Traded in Other Exchanges
N/A
Address
Xinghua Village, Fenyang County, Shanxi, Lvliang, CHN, 032205
Shanxi Fen Wine, or Fen Wine, is a typical light-flavored baijiu, featuring a fresher, lighter, and purer-taste compared with jiang-flavored and rich-flavored spirits. The company offers a comprehensive product portfolio, covering sub-premium, mid- to high range, and low-end products. The mid- to high-end baijiu contributed about 96% of the company's sales revenue in 2023, including sub-premium brand Qinghua, midrange products Panama and Laobaifen. The State-Owned Assets Supervision and Administration Commission of Shanxi province controls 51% of Fen Wine.
Executives
Du Xiao Wei senior management
Zhang Yong Yong senior management
Gao Zhi Feng senior management
Li Jun senior management
Wang Tao senior management
Ma Shi Biao senior management
Li Cheng Gang senior management
Wu Shi Jie senior management
Wu Ai Dong senior management
Hao Guang Ling senior management
Song Qing Nian senior management
Yang Bo Director
Li Ming Qiang Director
Zhao Hai Gen Supervisors
Zhao Ling senior management

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