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Shanghai Chuangli Group Co (SHSE:603012) Retained Earnings : ¥2,669 Mil (As of Mar. 2025)


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What is Shanghai Chuangli Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shanghai Chuangli Group Co's retained earnings for the quarter that ended in Mar. 2025 was ¥2,669 Mil.

Shanghai Chuangli Group Co's quarterly retained earnings increased from Sep. 2024 (¥2,572 Mil) to Dec. 2024 (¥2,631 Mil) and increased from Dec. 2024 (¥2,631 Mil) to Mar. 2025 (¥2,669 Mil).

Shanghai Chuangli Group Co's annual retained earnings increased from Dec. 2022 (¥2,212 Mil) to Dec. 2023 (¥2,527 Mil) and increased from Dec. 2023 (¥2,527 Mil) to Dec. 2024 (¥2,631 Mil).


Shanghai Chuangli Group Co Retained Earnings Historical Data

The historical data trend for Shanghai Chuangli 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.

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Shanghai Chuangli Group Co Retained Earnings Chart

Shanghai Chuangli Group 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 1,656.20 1,887.39 2,212.04 2,526.54 2,631.34

Shanghai Chuangli Group 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 2,587.11 2,527.51 2,571.72 2,631.34 2,668.98

Shanghai Chuangli 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.


Shanghai Chuangli Group Co  (SHSE:603012) 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.


Shanghai Chuangli Group Co Business Description

Traded in Other Exchanges
N/A
Address
Qifu Road, Qingpu Industrial Park, No. 1568, Shanghai, CHN, 201706
Shanghai Chuangli Group Co Ltd is a coal mining equipment supplier mainly engaged in comprehensive mining machinery and equipment in the coal mine. Its main business is the design, research and development, manufacturing, sales and technology of coal comprehensive mining machinery equipment, coal mine automation control system and mining electrical equipment. Its products are coal comprehensive mining machinery and equipment, including series drum type coal mining machine, series cantilever roadheader, and related spare parts.
Executives
Ju Ming Li senior management
Li Ying Hao Director
Chang Yu Lin senior management
Geng Wei Dong Director
Guan Ya Ping Director
Rui Guo Hong senior management
Li Shu Lin Supervisors
Xing Dong Hui senior management
Shi Hua Hui Director
Wang Zhang Fu senior management
Lin Xiu Min senior management

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