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Shenzhen Bluetrum Technology Co (SHSE:688332) Retained Earnings : ¥814 Mil (As of Sep. 2024)


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What is Shenzhen Bluetrum Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shenzhen Bluetrum Technology Co's retained earnings for the quarter that ended in Sep. 2024 was ¥814 Mil.

Shenzhen Bluetrum Technology Co's quarterly retained earnings declined from Mar. 2024 (¥762 Mil) to Jun. 2024 (¥742 Mil) but then increased from Jun. 2024 (¥742 Mil) to Sep. 2024 (¥814 Mil).

Shenzhen Bluetrum Technology Co's annual retained earnings increased from Dec. 2021 (¥448 Mil) to Dec. 2022 (¥509 Mil) and increased from Dec. 2022 (¥509 Mil) to Dec. 2023 (¥707 Mil).


Shenzhen Bluetrum Technology Co Retained Earnings Historical Data

The historical data trend for Shenzhen Bluetrum Technology 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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Shenzhen Bluetrum Technology Co Retained Earnings Chart

Shenzhen Bluetrum Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 113.61 282.24 448.16 508.97 706.66

Shenzhen Bluetrum Technology Co Quarterly Data
Dec18 Dec19 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 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 652.22 706.66 761.55 741.70 813.77

Shenzhen Bluetrum Technology 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.


Shenzhen Bluetrum Technology Co  (SHSE:688332) 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.


Shenzhen Bluetrum Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 4068, Qiaoxiang Road, Gaofa Community, Shahe Street, Room 1301-1, Building A, Smart Plaza, Nanshan District, Guangdong Province, Shenzhen, CHN, 518053
Shenzhen Bluetrum Technology Co Ltd is engaged in the research and development, design and sales of wireless audio SoC chips.
Executives
Lu Wen Core technical personnel
Wu Han Ping Core technical personnel

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