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WindSun Science & Technology Co (SHSE:688663) Retained Earnings : ¥502 Mil (As of Mar. 2024)


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What is WindSun Science & Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. WindSun Science & Technology Co's retained earnings for the quarter that ended in Mar. 2024 was ¥502 Mil.

WindSun Science & Technology Co's quarterly retained earnings increased from Sep. 2023 (¥433 Mil) to Dec. 2023 (¥463 Mil) and increased from Dec. 2023 (¥463 Mil) to Mar. 2024 (¥502 Mil).

WindSun Science & Technology Co's annual retained earnings increased from Dec. 2021 (¥310 Mil) to Dec. 2022 (¥370 Mil) and increased from Dec. 2022 (¥370 Mil) to Dec. 2023 (¥463 Mil).


WindSun Science & Technology Co Retained Earnings Historical Data

The historical data trend for WindSun Science & 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.

* Premium members only.

WindSun Science & Technology Co Retained Earnings Chart

WindSun Science & Technology Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 193.69 247.72 310.21 369.74 463.02

WindSun Science & Technology Co Quarterly Data
Dec18 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 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 390.34 391.88 432.69 463.02 502.49

WindSun Science & 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.


WindSun Science & Technology Co  (SHSE:688663) 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.


WindSun Science & Technology Co (SHSE:688663) Business Description

Traded in Other Exchanges
N/A
Address
North of Jincheng Road Middle Section, Economic Development Zone, Wenshang County, Shandong Province, Jining, CHN, 272500
WindSun Science & Technology Co Ltd is engaged in the research and development, production, sales and service of high-power power electronic energy-saving control technology and related products.
Executives
An Shou Bing Director
Yin Peng Fei senior management
Hou Lei senior management
Qin Xian Sheng senior management
Hu Shun Quan Directors, senior managers
Shao Liang Directors, senior managers
He Zhao Cheng Directors, senior managers
Wang Chuan Yu senior management
Ma Yun Sheng Director
Cheng Xu Dong Supervisors
Xu Wei Long Director
Li Rui Lai Core technical personnel

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