SNI (Shenni Holdings) Retained Earnings: $3.06 Mil (As of Sep. 2024)

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What is Shenni Holdings Retained Earnings?

Shenni Holdings SNI Retained Earnings is $3.06 Mil as of Sep. 2024.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shenni Holdings's retained earnings for the quarter that ended in Sep. 2024 was $3.06 Mil.

Shenni Holdings's quarterly retained earnings increased from Sep. 2023 ($0.00 Mil) to Mar. 2024 ($1.20 Mil) and increased from Mar. 2024 ($1.20 Mil) to Sep. 2024 ($3.06 Mil).

Shenni Holdings's annual retained earnings increased from . 20 ($0.00 Mil) to Mar. 2023 ($-0.34 Mil) and increased from Mar. 2023 ($-0.34 Mil) to Mar. 2024 ($1.20 Mil).

Shenni Holdings  (NAS:SNI) 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.

Shenni Holdings Retained Earnings Historical Data

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The historical data trend for Shenni Holdings'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.

Shenni Holdings Retained Earnings Chart

Shenni Holdings Annual Data
Trend Mar23 Mar24
Retained Earnings
-0.34 1.20

Shenni Holdings Semi-Annual Data
Mar23 Sep23 Mar24 Sep24
Retained Earnings -0.34 0.00 1.20 3.06

Shenni Holdings 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $3.06 Mil mean?
Shenni Holdings (SNI) has a Retained Earnings of $3.06 Mil as of Sep. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Shenni Holdings and its competitors.
Is Shenni Holdings' Retained Earnings too high?
Shenni Holdings' current Retained Earnings is $3.06 Mil.
How does Shenni Holdings' Retained Earnings compare to ?
Shenni Holdings' Retained Earnings of $3.06 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Medical Devices & Instruments company?
A good Retained Earnings depends on the Medical Devices & Instruments industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Shenni Holdings and its competitors. Shenni Holdings's current Retained Earnings is $3.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenni Holdings stock overvalued right now?
Shenni Holdings (SNI) has a current Retained Earnings of $3.06 Mil. The current Retained Earnings is $3.06 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Shenni Holdings (SNI), the current Retained Earnings is $3.06 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shenni Holdings Business Description

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Address Biopharmaceutical Industry Park, South Bridge Yongfeng County, Jiangxi Province, Jian, CHN, 331500
Shenni Holdings Ltd is a holding company. Through its operating subsidiaries in China, it is engaged in the business of the manufacture and distribution of urology medical devices and care products as well as the distribution of cardiovascular and cerebrovascular medical devices. Its products include Guide Wire, Catheter Sheath, and PTA Balloon Catheter. The company derives its revenue from three sources: (i) sales and distribution of urology medical devices (ii) sales and distribution of urology care products, and (iii) sales and distribution of cardiovascular and cerebrovascular medical devices.