Daqing Huake Co (SZSE:000985) Retained Earnings : ¥127 Mil (As of Mar. 2025)

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What is Daqing Huake Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Daqing Huake Co's retained earnings for the quarter that ended in Mar. 2025 was ¥127 Mil.

Daqing Huake Co's quarterly retained earnings declined from Sep. 2024 (¥138 Mil) to Dec. 2024 (¥120 Mil) but then increased from Dec. 2024 (¥120 Mil) to Mar. 2025 (¥127 Mil).

Daqing Huake Co's annual retained earnings declined from Dec. 2022 (¥110 Mil) to Dec. 2023 (¥109 Mil) but then increased from Dec. 2023 (¥109 Mil) to Dec. 2024 (¥120 Mil).

Daqing Huake Co Retained Earnings Historical Data

The historical data trend for Daqing Huake 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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Daqing Huake Co Retained Earnings Chart

Daqing Huake Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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96.85

102.45

110.35

109.24

120.22

Daqing Huake 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															112.91	114.93	138.03	120.22	127.35

Daqing Huake 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.

Daqing Huake Co (SZSE:000985) 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.

Daqing Huake Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Daqing Huake Co Ltd (SZSE:000985) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

No. 239 Jianshe Road, High-tech Industrial Development Zone, Heilongjiang Province, Daqing, CHN, 163316

Website

http://www.huake.com

Daqing Huake Co Ltd is a China-based company primarily engaged in the production and sale of refined chemical products. The company's main products include hydrogenated pentene, polypropylene, heavy aromatic hydrocarbons, ethylene tar, piperylene petroleum, crude isoprene and light aromatic hydrocarbons.

Executives

Li Yi Hui	Supervisors
Yan Tian Sheng	Supervisors

Daqing Huake Co Headlines

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