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Suzhou Good-Ark Electronics Co (SZSE:002079) Retained Earnings : ¥1,240 Mil (As of Sep. 2024)


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What is Suzhou Good-Ark Electronics Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Suzhou Good-Ark Electronics Co's retained earnings for the quarter that ended in Sep. 2024 was ¥1,240 Mil.

Suzhou Good-Ark Electronics Co's quarterly retained earnings declined from Mar. 2024 (¥1,237 Mil) to Jun. 2024 (¥1,210 Mil) but then increased from Jun. 2024 (¥1,210 Mil) to Sep. 2024 (¥1,240 Mil).

Suzhou Good-Ark Electronics Co's annual retained earnings increased from Dec. 2021 (¥765 Mil) to Dec. 2022 (¥1,096 Mil) and increased from Dec. 2022 (¥1,096 Mil) to Dec. 2023 (¥1,230 Mil).


Suzhou Good-Ark Electronics Co Retained Earnings Historical Data

The historical data trend for Suzhou Good-Ark Electronics 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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Suzhou Good-Ark Electronics Co Retained Earnings Chart

Suzhou Good-Ark Electronics 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 541.93 595.43 764.70 1,096.19 1,229.83

Suzhou Good-Ark Electronics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,155.43 1,229.83 1,237.26 1,210.17 1,239.53

Suzhou Good-Ark Electronics 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.


Suzhou Good-Ark Electronics Co  (SZSE:002079) 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.


Suzhou Good-Ark Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Tongxi Road, Tongan Development Zone, Jiangsu, Suzhou, CHN, 215002
Suzhou Good-Ark Electronics Co Ltd is a China-based company engaged in the semiconductor industry. It designs, manufactures, packages and sells semiconductors. The products offered by the company include the leadless integrated circuits and discrete devices, automotive rectifier diode, power modules, rectifier diode chip, silicon rectifier diodes, switching diodes, Zener diodes, miniature bridges, military fuse, and photovoltaic bypass module. The company sells its products in China and other countries.
Executives
Wu Nian Bo Director
Xie Qian Qian Executives
Teng You Xi Directors, executives
Yang Xiao Ping Executives
Gu Mei Jun Executives
Wen Su Bin Independent director
Tang Zai Nan Directors, executives
Yang Shuo Securities Affairs Representative
Huang Hao Rong Supervisors
Lu Fei Min Supervisors
Jiang Xiao Hang Supervisors

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