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Suzhou Veichi Electric Co (SHSE:688698) Retained Earnings : ¥613 Mil (As of Mar. 2025)


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What is Suzhou Veichi Electric Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Suzhou Veichi Electric Co's retained earnings for the quarter that ended in Mar. 2025 was ¥613 Mil.

Suzhou Veichi Electric Co's quarterly retained earnings declined from Sep. 2024 (¥570 Mil) to Dec. 2024 (¥556 Mil) but then increased from Dec. 2024 (¥556 Mil) to Mar. 2025 (¥613 Mil).

Suzhou Veichi Electric Co's annual retained earnings increased from Dec. 2022 (¥288 Mil) to Dec. 2023 (¥418 Mil) and increased from Dec. 2023 (¥418 Mil) to Dec. 2024 (¥556 Mil).


Suzhou Veichi Electric Co Retained Earnings Historical Data

The historical data trend for Suzhou Veichi Electric 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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Suzhou Veichi Electric Co Retained Earnings Chart

Suzhou Veichi Electric Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 102.15 194.26 288.14 418.41 556.32

Suzhou Veichi Electric Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 472.06 493.91 569.99 556.32 612.97

Suzhou Veichi Electric 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.


Suzhou Veichi Electric Co  (SHSE:688698) 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.


Suzhou Veichi Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1000, Songjia Road, Guoxiang Street, Wuzhong Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215000
Suzhou Veichi Electric Co Ltd is engaged in the development, manufacturing and marketing of industrial automation control products. The products include Frequency Inverter, Servo System, Solar Pump Inverter, Automation Equipment and more, mainly serving smart factories, intelligent equipment's, robots, new energy and other applications.

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