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FSPG Hi-Tech Co (SZSE:000973) Retained Earnings : ¥1,272 Mil (As of Mar. 2025)


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What is FSPG Hi-Tech Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FSPG Hi-Tech Co's retained earnings for the quarter that ended in Mar. 2025 was ¥1,272 Mil.

FSPG Hi-Tech Co's quarterly retained earnings increased from Sep. 2024 (¥1,225 Mil) to Dec. 2024 (¥1,253 Mil) and increased from Dec. 2024 (¥1,253 Mil) to Mar. 2025 (¥1,272 Mil).

FSPG Hi-Tech Co's annual retained earnings increased from Dec. 2022 (¥1,047 Mil) to Dec. 2023 (¥1,207 Mil) and increased from Dec. 2023 (¥1,207 Mil) to Dec. 2024 (¥1,253 Mil).


FSPG Hi-Tech Co Retained Earnings Historical Data

The historical data trend for FSPG Hi-Tech 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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FSPG Hi-Tech Co Retained Earnings Chart

FSPG Hi-Tech 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 865.10 953.44 1,046.50 1,206.80 1,252.57

FSPG Hi-Tech 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 1,224.90 1,192.35 1,225.21 1,252.57 1,272.48

FSPG Hi-Tech 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.


FSPG Hi-Tech Co  (SZSE:000973) 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.


FSPG Hi-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
72 Fenjiang Zhong Road, Chancheng District, Foshan, CHN, 528000
FSPG Hi-Tech Co Ltd is a China-based company primarily engaged in the research and development, production and sale of new energy, new materials, energy saving technologies and environmental protection products. The company offers Packaging materials, such as BOPA, BOPP drinking straw and cigarette packaging materials, and laminated AL films; Electric and optical materials, such as BOPP capacitor and polarizer films; Construction materials comprising woven fabrics and PE-Xc pipes; Personal Healthcare & Clothing Material such as PE Casting Embossed Film and EasyTexTM and Advertisement & Labeling Material includes PVC Film For Graphics Use. Geographically the operations are carried out through China.
Executives
Huang Bing Di Directors, executives
Wang Lei Executives
Wang Yu Hong Supervisors
Xu Yong Director
Li Man Li Executives
Feng Zhao Zheng Director
Tao Luo Cheng Executives
Zhou Zhi Hui Executives
Liu Ya Jun Executives
Wu Yao Gen Director
Luo Han Jun Directors, executives
Lv Sen Executives

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