Guizhou Wire Rope Co (SHSE:600992) Retained Earnings: ¥256 Mil (As of Mar. 2026)

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SHSE:600992 Guizhou Wire Rope Co Ltd SHSE:600992
45 GF Score
Price ¥9.91
GF Value ¥13.87
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Guizhou Wire Rope Co Retained Earnings?

Guizhou Wire Rope Co SHSE:600992 +0.10% 45 Retained Earnings is ¥256 Mil as of Mar. 2026. GuruFocus rates SHSE:600992 with a GF Score™ of 45/100 and a GF Value™ of ¥13.87 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Guizhou Wire Rope Co's retained earnings for the quarter that ended in Mar. 2026 was ¥256 Mil.

Guizhou Wire Rope Co's quarterly retained earnings increased from Sep. 2025 (¥222 Mil) to Dec. 2025 (¥311 Mil) but then declined from Dec. 2025 (¥311 Mil) to Mar. 2026 (¥256 Mil).

Guizhou Wire Rope Co's annual retained earnings declined from Dec. 2023 (¥330 Mil) to Dec. 2024 (¥284 Mil) but then increased from Dec. 2024 (¥284 Mil) to Dec. 2025 (¥311 Mil).


Guizhou Wire Rope Co  (SHSE:600992) 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.


Guizhou Wire Rope Co Retained Earnings Historical Data

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The historical data trend for Guizhou Wire Rope 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.

Guizhou Wire Rope Co Retained Earnings Chart

Guizhou Wire Rope Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 294.89 306.14 329.53 283.63 310.58

Guizhou Wire Rope Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 261.90 244.95 222.06 310.58 255.96
SHSE:600992
45GF Score
Guizhou Wire Rope Co Ltd SHSE:600992
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Guizhou Wire Rope 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ¥256 Mil mean?
Guizhou Wire Rope Co (SHSE:600992) has a Retained Earnings of ¥256 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Guizhou Wire Rope Co and its competitors.
Is Guizhou Wire Rope Co's Retained Earnings too high?
Guizhou Wire Rope Co's current Retained Earnings is ¥256 Mil. Overall, Guizhou Wire Rope Co has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Wire Rope Co's Retained Earnings compare to NUE and STLD?
Guizhou Wire Rope Co's Retained Earnings of ¥256 Mil can be compared against companies in the Steel 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 Steel company?
A good Retained Earnings depends on the Steel 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 Guizhou Wire Rope Co and its competitors. Guizhou Wire Rope Co's current Retained Earnings is ¥256 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Wire Rope Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Wire Rope Co (SHSE:600992) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.87, compared to a current price of ¥9.91 — trading 28.6% below its estimated fair value. The current Retained Earnings is ¥256 Mil. Guizhou Wire Rope Co's overall GF Score™ is 45/100 with 7 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 Guizhou Wire Rope Co (SHSE:600992), the current Retained Earnings is ¥256 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 Guizhou Wire Rope Co (SHSE:600992) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Wire Rope Co stock appears to be undervalued. The current stock price of ¥9.91 is trading 28.6% below its estimated GF Value™ of ¥13.87. GuruFocus considers Guizhou Wire Rope Co to be Modestly Undervalued.

Key valuation signals for SHSE:600992:

  • Retained Earnings: ¥256 Mil
  • GF Value™: ¥13.87 vs. price of ¥9.91 (28.6% below fair value)
  • GF Score™: 45/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guizhou Wire Rope Co Business Description

Address No. 47 Taoxi Road, Guizhou Province, Zunyi, CHN, 563000
Guizhou Wire Rope Co Ltd is a China-based company operating in the steel industry. The firm is engaged in the production, processing, and sales of steel wire rope, steel wire and steel strand, and related materials, equipment and technology research. The products offered by the company include single strand wire rope, four strands of wire rope, point contact wire rope, fishing wire rope, aviation wire rope, sealed wire rope, oil wire rope, galvanized steel strand, limb rigging, among others. Its products are used in mining, elevator, port machinery, aerospace, ship and bridge building.
45GF Score

Get the complete analysis for SHSE:600992

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥9.91
Price
¥13.87
GF Value