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Jiangsu Yinhe Electronics Co (SZSE:002519) Retained Earnings : ¥292 Mil (As of Mar. 2024)


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What is Jiangsu Yinhe Electronics Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jiangsu Yinhe Electronics Co's retained earnings for the quarter that ended in Mar. 2024 was ¥292 Mil.

Jiangsu Yinhe Electronics Co's quarterly retained earnings increased from Sep. 2023 (¥149 Mil) to Dec. 2023 (¥198 Mil) and increased from Dec. 2023 (¥198 Mil) to Mar. 2024 (¥292 Mil).

Jiangsu Yinhe Electronics Co's annual retained earnings increased from Dec. 2021 (¥-163 Mil) to Dec. 2022 (¥135 Mil) and increased from Dec. 2022 (¥135 Mil) to Dec. 2023 (¥198 Mil).


Jiangsu Yinhe Electronics Co Retained Earnings Historical Data

The historical data trend for Jiangsu Yinhe 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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Jiangsu Yinhe Electronics Co Retained Earnings Chart

Jiangsu Yinhe 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 -341.40 -177.46 -163.11 135.18 198.15

Jiangsu Yinhe Electronics 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 197.97 125.25 149.36 198.15 292.14

Jiangsu Yinhe 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.


Jiangsu Yinhe Electronics Co  (SZSE:002519) 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.


Jiangsu Yinhe Electronics Co (SZSE:002519) Business Description

Traded in Other Exchanges
N/A
Address
No. 188 NanHuan Road, TangQiao Town, ZhangJiaGang City, JiangSu Province, CHN, 215611
Jiangsu Yinhe Electronics Co Ltd engages in the military, new energy vehicle, and precision sheet metal businesses in China and internationally. The company offers new-energy electric vehicle (EV) products, including intelligent chargers for electric cars; electric scroll compressors; and precision sheet metal products, including power battery boxes for EVs, solar power inverters, high/low voltage transmission and distribution equipment.
Executives
Wu Jian Ming Directors, executives
Xu Min Executives
Wu Gang Directors, executives
Lin Chao Director
Zhang Jia Tao Supervisors
Zhang Jia Shu Executives
Zhang Yong Jun Independent director
Wang Chun Ya Supervisors
Zhang Hong Directors, executives
Xu Ge Securities Affairs Representative
Pang Ying Director
Xue Li Jun Directors, executives
Zhang Shu Hua Supervisors
Li Xin Executives
Bai Xiao Min Director

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