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Tianqi Lithium (STU:2220) Retained Earnings : €3,441 Mil (As of Dec. 2023)


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What is Tianqi Lithium Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tianqi Lithium's retained earnings for the quarter that ended in Dec. 2023 was €3,441 Mil.

Tianqi Lithium's quarterly retained earnings increased from Jun. 2023 (€0 Mil) to Sep. 2023 (€3,366 Mil) and increased from Sep. 2023 (€3,366 Mil) to Dec. 2023 (€3,441 Mil).

Tianqi Lithium's annual retained earnings increased from Dec. 2021 (€117 Mil) to Dec. 2022 (€3,307 Mil) and increased from Dec. 2022 (€3,307 Mil) to Dec. 2023 (€3,441 Mil).


Tianqi Lithium Retained Earnings Historical Data

The historical data trend for Tianqi Lithium'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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Tianqi Lithium Retained Earnings Chart

Tianqi Lithium Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
- - 117.12 3,306.55 3,441.20

Tianqi Lithium Quarterly Data
Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 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 3,306.55 - 3,365.71 3,441.20 -

Tianqi Lithium 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.


Tianqi Lithium  (STU:2220) 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.


Tianqi Lithium (STU:2220) Business Description

Traded in Other Exchanges
Address
No. 10 East Gaopeng Road, Building 1, Hi-Tech Zone, Sichuan, Chengdu, CHN
Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Tianqi Lithium (STU:2220) Headlines

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