Venustech Group (SZSE:002439) Retained Earnings : ¥4,553 Mil (As of Jun. 2024)

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What is Venustech Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Venustech Group's retained earnings for the quarter that ended in Jun. 2024 was ¥4,553 Mil.

Venustech Group's quarterly retained earnings declined from Dec. 2023 (¥5,061 Mil) to Mar. 2024 (¥4,948 Mil) and declined from Mar. 2024 (¥4,948 Mil) to Jun. 2024 (¥4,553 Mil).

Venustech Group's annual retained earnings increased from Dec. 2021 (¥3,951 Mil) to Dec. 2022 (¥4,551 Mil) and increased from Dec. 2022 (¥4,551 Mil) to Dec. 2023 (¥5,061 Mil).

Venustech Group Retained Earnings Historical Data

The historical data trend for Venustech Group'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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Venustech Group Retained Earnings Chart

Venustech Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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2,378.05

3,146.21

3,950.57

4,550.94

5,061.24

Venustech Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															4,547.26	4,603.81	5,061.24	4,948.07	4,552.83

Venustech Group 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.

Venustech Group (SZSE:002439) 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.

Venustech Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Venustech Group Inc (SZSE:002439) » Definitions » Retained Earnings

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Address

No.8 Northeast Wangxi Road, 1st Floor, Qimingxing Building, Building 21, Zhongguancun Software Park, Haidian District, Beijing, CHN

Website

http://www.venustech.com.cn

Venustech Group Inc is a provider of network security products, trusted security management platform, as well as specialized security services and solutions in China.

Executives

Qi Jian	Director
Wang Jia	Directors, executives
Zhang Yuan	Directors, executives
Yan Li	Directors, executives
Liu Ke Quan	Directors, executives
Xie Qi Zhi	Supervisors
Pan Zhong Yu	Directors, executives
Zhong Dan	Securities Affairs Representative
Liu Xing Chi	Supervisors
Qiu Wei	Executives

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