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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Metallurgical of China's retained earnings for the quarter that ended in Jun. 2026 was ¥52,247 Mil.
Metallurgical of China's quarterly retained earnings
increased
from Dec. 2025 (¥51,289 Mil) to Mar. 2026 (¥52,916 Mil) but then
declined
from Mar. 2026 (¥52,916 Mil) to Jun. 2026 (¥52,247 Mil).
Metallurgical of China's annual retained earnings
increased
from Dec. 2023 (¥49,860 Mil) to Dec. 2024 (¥52,700 Mil) but then
declined
from Dec. 2024 (¥52,700 Mil) to Dec. 2025 (¥51,289 Mil).
Metallurgical of China (SHSE:601618) 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.
Metallurgical of China Retained Earnings Historical Data
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The historical data trend for Metallurgical of China'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.
Metallurgical of China 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.
What does a Retained Earnings of ¥52,247 Mil mean?
Metallurgical of China (SHSE:601618) has a Retained Earnings of ¥52,247 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Metallurgical of China and its competitors.
Is Metallurgical of China's Retained Earnings too high?
Metallurgical of China's current Retained Earnings is ¥52,247 Mil. Overall, Metallurgical of China has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metallurgical of China's Retained Earnings compare to PWR and FIX?
Metallurgical of China's Retained Earnings of ¥52,247 Mil can be compared against companies in the Construction 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 Construction company?
A good Retained Earnings depends on the Construction 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 Metallurgical of China and its competitors. Metallurgical of China's current Retained Earnings is ¥52,247 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metallurgical of China stock overvalued right now?
Based on GuruFocus' analysis, Metallurgical of China (SHSE:601618) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.71, compared to a current price of ¥2.62 — trading 53.2% above its estimated fair value. The current Retained Earnings is ¥52,247 Mil. Metallurgical of China's overall GF Score™ is 41/100 with 8 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 Metallurgical of China (SHSE:601618), the current Retained Earnings is ¥52,247 Mil as of Jun. 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 Metallurgical of China (SHSE:601618) Overvalued in 2026?
Based on GuruFocus' analysis, Metallurgical of China stock appears to be overvalued.
The current stock price of ¥2.62 is trading 53.2% above its estimated GF Value™ of ¥1.71.
GuruFocus considers Metallurgical of China to be Significantly Overvalued.
Key valuation signals for SHSE:601618:
Retained Earnings: ¥52,247 Mil
GF Value™: ¥1.71 vs. price of ¥2.62 (53.2% above fair value)
No single metric tells the full story. See the SHSE:601618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating mainly in China. Its core activities include providing engineering, construction, and operational services for the iron and steel and non-ferrous metallurgy projects. The Group is also engaged in industrial construction across sectors such as electronics, precision manufacturing, light industry, petrochemicals, and power engineering, among others. Additionally, it undertakes capital construction projects, delivering full life-cycle services for urban renewal, residential, commercial, and office developments, infrastructure construction, and smart city development. The Group's reporting business segments are: Engineering Contracting, which generates the maximum revenue, and Featured Businesses.
41GF Score
Get the complete analysis for SHSE:601618
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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