GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Changchun High-Tech Industry (Group) Co Ltd (SZSE:000661) » Definitions » Retained Earnings

Changchun High-Tech Industry (Group) Co (SZSE:000661) Retained Earnings : ¥17,956 Mil (As of Mar. 2025)


View and export this data going back to 1996. Start your Free Trial

What is Changchun High-Tech Industry (Group) Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Changchun High-Tech Industry (Group) Co's retained earnings for the quarter that ended in Mar. 2025 was ¥17,956 Mil.

Changchun High-Tech Industry (Group) Co's quarterly retained earnings declined from Sep. 2024 (¥18,122 Mil) to Dec. 2024 (¥17,483 Mil) but then increased from Dec. 2024 (¥17,483 Mil) to Mar. 2025 (¥17,956 Mil).

Changchun High-Tech Industry (Group) Co's annual retained earnings increased from Dec. 2022 (¥13,386 Mil) to Dec. 2023 (¥17,143 Mil) and increased from Dec. 2023 (¥17,143 Mil) to Dec. 2024 (¥17,483 Mil).


Changchun High-Tech Industry (Group) Co Retained Earnings Historical Data

The historical data trend for Changchun High-Tech Industry (Group) 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.

Changchun High-Tech Industry (Group) Co Retained Earnings Chart

Changchun High-Tech Industry (Group) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,873.65 10,016.12 13,385.61 17,143.22 17,483.36

Changchun High-Tech Industry (Group) 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 18,001.95 17,053.15 18,122.33 17,483.36 17,956.07

Changchun High-Tech Industry (Group) 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.


Changchun High-Tech Industry (Group) Co  (SZSE:000661) 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.


Changchun High-Tech Industry (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
Intersection of Zhenyu Street and Dongweishan Road, 27th Floor, Building B, Hi-Tech Hairong Plaza, Jilin Province, Changchun, CHN, 130012
Changchun High-Tech Industry (Group) Co Ltd is engaged in the production and sales of biopharmaceuticals, Chinese patent medicine production, and real estate development.
Executives
Jiang Yun Tao Directors, executives
Wang Zhi Gang Directors, executives
Li Xiu Feng Executives
Zhu Xing Gong Executives
Li Shu Supervisors
Ye Peng Directors, executives
Jie Bing Supervisors
Liu Yong Chuan Supervisors
Li Hong Yu Secretary Dong
Ma Ji Director
Zhang De Shen Secretary Dong
Zhu Xian Chao Director
Zhao Shu Ping Supervisors
An Ji Xiang Directors, executives
Jin Lei Director

Changchun High-Tech Industry (Group) Co Headlines

No Headlines