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FAWER Automotive Parts Co (SZSE:000030) Retained Earnings : ¥4,681 Mil (As of Jun. 2024)


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What is FAWER Automotive Parts Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FAWER Automotive Parts Co's retained earnings for the quarter that ended in Jun. 2024 was ¥4,681 Mil.

FAWER Automotive Parts Co's quarterly retained earnings increased from Dec. 2023 (¥4,794 Mil) to Mar. 2024 (¥4,957 Mil) but then declined from Mar. 2024 (¥4,957 Mil) to Jun. 2024 (¥4,681 Mil).

FAWER Automotive Parts Co's annual retained earnings declined from Dec. 2021 (¥4,734 Mil) to Dec. 2022 (¥4,667 Mil) but then increased from Dec. 2022 (¥4,667 Mil) to Dec. 2023 (¥4,794 Mil).


FAWER Automotive Parts Co Retained Earnings Historical Data

The historical data trend for FAWER Automotive Parts 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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FAWER Automotive Parts Co Retained Earnings Chart

FAWER Automotive Parts Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,969.47 4,495.19 4,734.24 4,667.24 4,794.35

FAWER Automotive Parts Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4,460.58 4,619.09 4,794.35 4,957.21 4,681.18

FAWER Automotive Parts 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.


FAWER Automotive Parts Co  (SZSE:000030) 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.


FAWER Automotive Parts Co Business Description

Traded in Other Exchanges
Address
777 Dongfeng South Street, Xixin Economic Development Zone, Jilin Province, Changchun City, CHN, 130033
FAWER Automotive Parts Ltd Co is engaged in manufacturing automotive parts and components of environment control systems, chassis systems, steering and transmission systems, safety systems, engine accessory systems.
Executives
Wang Xiao Ping Directors, executives
Gan Xian Guo Directors, executives
Yang Yi Ping Executives
Du Xin Yue Executives
Zu Xue Zhong Executives
Ye Fan Directors, executives
Ban Wu Director
Niu Su Yan Supervisors
Gong Yi Heng Supervisors

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