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Lianhe Chemical Technology Co (SZSE:002250) Retained Earnings : ¥2,895 Mil (As of Mar. 2024)


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What is Lianhe Chemical Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lianhe Chemical Technology Co's retained earnings for the quarter that ended in Mar. 2024 was ¥2,895 Mil.

Lianhe Chemical Technology Co's quarterly retained earnings declined from Sep. 2023 (¥3,284 Mil) to Dec. 2023 (¥2,893 Mil) but then increased from Dec. 2023 (¥2,893 Mil) to Mar. 2024 (¥2,895 Mil).

Lianhe Chemical Technology Co's annual retained earnings increased from Dec. 2021 (¥2,827 Mil) to Dec. 2022 (¥3,452 Mil) but then declined from Dec. 2022 (¥3,452 Mil) to Dec. 2023 (¥2,893 Mil).


Lianhe Chemical Technology Co Retained Earnings Historical Data

The historical data trend for Lianhe Chemical Technology 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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Lianhe Chemical Technology Co Retained Earnings Chart

Lianhe Chemical Technology 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 2,565.38 2,579.00 2,827.25 3,451.80 2,892.54

Lianhe Chemical Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3,496.38 3,384.06 3,284.11 2,892.54 2,895.24

Lianhe Chemical Technology 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.


Lianhe Chemical Technology Co  (SZSE:002250) 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.


Lianhe Chemical Technology Co (SZSE:002250) Business Description

Traded in Other Exchanges
N/A
Address
No. 41 Wangxi Road, Huangyan District, Taizhou, Zhejiang, CHN, 318020
Lianhe Chemical Technology Co Ltd operates in chemical raw materials and chemical manufacturing industry. The company is engaged in providing chemical and technical solutions to areas of pesticides, pharmaceuticals, functional chemicals, and equipment and engineering.
Executives
Fan Xiao Bin Directors, executives
Chen Fei Biao Directors, executives
Feng Yu Hai Supervisors
Peng Yin Sheng Director
Ren An Li Securities Affairs Representative
Yu Zhen Ying Supervisors
Mou Jin Xiang Director
Zhou Wei Cheng Independent director
Zhang You Zhi Director
He Chun Executives
Zhang Xian Gui Executives
Ye Cai Qun Securities Affairs Representative
Ye Yuan Ming Executives
Bao Zhen Yong Directors, executives, securities affairs represen
Zheng Xian Ping Executives

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