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Hunan Mendale Hometextile Co (SZSE:002397) Retained Earnings : ¥-297 Mil (As of Mar. 2025)


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What is Hunan Mendale Hometextile Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hunan Mendale Hometextile Co's retained earnings for the quarter that ended in Mar. 2025 was ¥-297 Mil.

Hunan Mendale Hometextile Co's quarterly retained earnings increased from Sep. 2024 (¥-312 Mil) to Dec. 2024 (¥-307 Mil) and increased from Dec. 2024 (¥-307 Mil) to Mar. 2025 (¥-297 Mil).

Hunan Mendale Hometextile Co's annual retained earnings increased from Dec. 2022 (¥-355 Mil) to Dec. 2023 (¥-332 Mil) and increased from Dec. 2023 (¥-332 Mil) to Dec. 2024 (¥-307 Mil).


Hunan Mendale Hometextile Co Retained Earnings Historical Data

The historical data trend for Hunan Mendale Hometextile 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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Hunan Mendale Hometextile Co Retained Earnings Chart

Hunan Mendale Hometextile 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 294.26 93.46 -354.78 -332.36 -307.48

Hunan Mendale Hometextile 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 -323.55 -312.23 -311.76 -307.48 -297.45

Hunan Mendale Hometextile 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.


Hunan Mendale Hometextile Co  (SZSE:002397) 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.


Hunan Mendale Hometextile Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Changchuan Road, Lugu Industrial Base, New and High-Tech Industrial Development Zone, Changsha, Hunan, CHN, 410205
Hunan Mendale Hometextile Co Ltd is a China-based company. It is principally engaged in the design, manufacture, and sales of home textile products, as well as the provision of home life services.
Executives
Li Jun Secretary, Director
Jiang Tian Wu Director
Li Jian Wei Director
Wu Wei Director
Peng Wei Guo Supervisors
Zhang Ai Chun Director
Cheng Yan Executives
He Xiao Xia Executives
Tu Yun Hua Directors, executives
Guan Jian Independent director
Pan Jin Executives
Gao Zhi Supervisors
Wu Wen Wen Securities Affairs Representative
Chen Xiao Hong Director

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