Sk Shu Paint Co (SHSE:603737) Retained Earnings : ¥1,677 Mil (As of Sep. 2024)

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What is Sk Shu Paint Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sk Shu Paint Co's retained earnings for the quarter that ended in Sep. 2024 was ¥1,677 Mil.

Sk Shu Paint Co's quarterly retained earnings increased from Mar. 2024 (¥1,398 Mil) to Jun. 2024 (¥1,476 Mil) and increased from Jun. 2024 (¥1,476 Mil) to Sep. 2024 (¥1,677 Mil).

Sk Shu Paint Co's annual retained earnings increased from Dec. 2021 (¥849 Mil) to Dec. 2022 (¥1,178 Mil) and increased from Dec. 2022 (¥1,178 Mil) to Dec. 2023 (¥1,351 Mil).

Sk Shu Paint Co Retained Earnings Historical Data

The historical data trend for Sk Shu Paint 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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Sk Shu Paint Co Retained Earnings Chart

Sk Shu Paint Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,102.82

1,456.52

848.96

1,178.28

1,350.57

Sk Shu Paint Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															1,732.82	1,350.57	1,397.65	1,476.25	1,676.58

Sk Shu Paint 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.

Sk Shu Paint Co (SHSE:603737) 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.

Sk Shu Paint Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sk Shu Paint Co Ltd (SHSE:603737) » Definitions » Retained Earnings

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Address

No. 518 LIyuan North Road, Licheng District, Fujian Province, Putian City, CHN, 351100

Website

http://www.skshu.com.cn

Sk Shu Paint Co Ltd is engaged in the Research and development, production and sales of architectural coatings (wall coatings), wood coatings and adhesives.

Executives

Zhao Fu Wei	Supervisors
Mi Li	Directors, senior managers
Peng Yong Sen	Supervisors
Hong Jie	Directors, senior managers
Lin De Dian	senior management
Zhu Qi Feng	Directors, senior managers
Lin Li Zhong	Director
Cai Wei Ting	Supervisors
Huang Sheng Lin	senior management
Fang Guo Qin	Directors, senior managers
Chen Chao Yang	Supervisors

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