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Zhejiang Weixing Industrial Development Co (SZSE:002003) Retained Earnings : ¥1,083 Mil (As of Mar. 2025)


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What is Zhejiang Weixing Industrial Development Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zhejiang Weixing Industrial Development Co's retained earnings for the quarter that ended in Mar. 2025 was ¥1,083 Mil.

Zhejiang Weixing Industrial Development Co's quarterly retained earnings increased from Sep. 2024 (¥967 Mil) to Dec. 2024 (¥983 Mil) and increased from Dec. 2024 (¥983 Mil) to Mar. 2025 (¥1,083 Mil).

Zhejiang Weixing Industrial Development Co's annual retained earnings increased from Dec. 2022 (¥964 Mil) to Dec. 2023 (¥1,103 Mil) but then declined from Dec. 2023 (¥1,103 Mil) to Dec. 2024 (¥983 Mil).


Zhejiang Weixing Industrial Development Co Retained Earnings Historical Data

The historical data trend for Zhejiang Weixing Industrial Development 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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Zhejiang Weixing Industrial Development Co Retained Earnings Chart

Zhejiang Weixing Industrial Development 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 824.62 917.14 964.12 1,103.50 982.94

Zhejiang Weixing Industrial Development 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 1,181.42 993.26 967.13 982.94 1,083.27

Zhejiang Weixing Industrial Development 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.


Zhejiang Weixing Industrial Development Co  (SZSE:002003) 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.


Zhejiang Weixing Industrial Development Co Business Description

Traded in Other Exchanges
N/A
Address
Garden Industrial Zone, Zhejiang Province, Linhai, CHN, 317025
Zhejiang Weixing Industrial Development Co Ltd is engaged in the R&D, manufacture and distribution of buttons, zippers, metal products and other clothing accessories in China.
Executives
Zhang Zu Xing Executives
Hong Bo Executives
Zhang Ka Peng Director
Hou You Sen Directors, executives
Zheng Fu Hua Supervisors
Zhang San Yun Directors, executives
Zhu Li Quan Director
Cai Li Yong Executives
Shen Li Yong Executives
Luo Shi Wan Directors, executives

Zhejiang Weixing Industrial Development Co Headlines

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