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Cinderson Tech (Suzhou) Co (SHSE:603344) Retained Earnings : ¥576 Mil (As of Dec. 2024)


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What is Cinderson Tech (Suzhou) Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cinderson Tech (Suzhou) Co's retained earnings for the quarter that ended in Dec. 2024 was ¥576 Mil.

Cinderson Tech (Suzhou) Co's quarterly retained earnings increased from Jun. 2024 (¥495 Mil) to Sep. 2024 (¥538 Mil) and increased from Sep. 2024 (¥538 Mil) to Dec. 2024 (¥576 Mil).

Cinderson Tech (Suzhou) Co's annual retained earnings increased from Dec. 2022 (¥284 Mil) to Dec. 2023 (¥460 Mil) and increased from Dec. 2023 (¥460 Mil) to Dec. 2024 (¥576 Mil).


Cinderson Tech (Suzhou) Co Retained Earnings Historical Data

The historical data trend for Cinderson Tech (Suzhou) 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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Cinderson Tech (Suzhou) Co Retained Earnings Chart

Cinderson Tech (Suzhou) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 201.10 114.96 283.92 459.71 576.42

Cinderson Tech (Suzhou) Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 459.71 499.50 494.74 537.70 576.42

Cinderson Tech (Suzhou) 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.


Cinderson Tech (Suzhou) Co  (SHSE:603344) 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.


Cinderson Tech (Suzhou) Co Business Description

Traded in Other Exchanges
N/A
Address
Linbu Street, Weiting Street, No. 15, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215100
Cinderson Tech (Suzhou) Co Ltd is engaged in research and development, production and sales of micro motors and related products. Its products are mainly used in the field of cleaning electrical appliances represented by vacuum cleaners, and have been simultaneously developed to other terminal application fields such as power tools and garden tools. Its product category includes DC brushless motor, Ac series motor and Dc brush motor.

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