Appotronics (SHSE:688007) Retained Earnings : ¥712 Mil (As of Mar. 2024)

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What is Appotronics Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Appotronics's retained earnings for the quarter that ended in Mar. 2024 was ¥712 Mil.

Appotronics's quarterly retained earnings declined from Sep. 2023 (¥702 Mil) to Dec. 2023 (¥667 Mil) but then increased from Dec. 2023 (¥667 Mil) to Mar. 2024 (¥712 Mil).

Appotronics's annual retained earnings increased from Dec. 2021 (¥545 Mil) to Dec. 2022 (¥598 Mil) and increased from Dec. 2022 (¥598 Mil) to Dec. 2023 (¥667 Mil).

Appotronics Retained Earnings Historical Data

The historical data trend for Appotronics'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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Appotronics Retained Earnings Chart

Appotronics Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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290.26

357.80

545.28

597.92

667.12

Appotronics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															611.58	648.20	701.85	667.12	711.67

Appotronics 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.

Appotronics (SHSE:688007) 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.

Appotronics (SHSE:688007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Appotronics Corp Ltd (SHSE:688007) » Definitions » Retained Earnings

Traded in Other Exchanges

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Address

No. 63 Xuefu Road, Yuehai Street, 20-22 Floor, Hi-Tech Zone, Union Tower, Nanshan District, Guangdong Province, Shenzhen, CHN, 518052

Website

https://www.appotronics.com

Appotronics Corp Ltd is a China based company involved in the research and innovation of laser display technology and products. The company offers various laser display products namely Digital cinema projector, Venue projector, Education projector, Ultra mobile projector, and others. Geographically, it derives a majority of revenue from China.

Executives

Wang Lin	Core technical personnel
Yu Xin	Core technical personnel
Hu Fei	Core technical personnel
Guo Zu Qiang	Core technical personnel
Wang Ze Qin	Core technical personnel
Chen Ya Sha	senior management
Wang Ying Xia	Directors, senior managers
Wu Xi Liang	Director
Bao Lian Ming	Directors, senior managers
Li Lu	senior management
Zhao Rui Jin	senior management
Wu Bin	senior management
Yan Li	senior management

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