GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Anhui Huilong Agricultural Means of Production Co Ltd (SZSE:002556) » Definitions » Retained Earnings

Anhui Huilong Agricultural Means of Production Co (SZSE:002556) Retained Earnings : ¥1,442 Mil (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Anhui Huilong Agricultural Means of Production Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Anhui Huilong Agricultural Means of Production Co's retained earnings for the quarter that ended in Mar. 2024 was ¥1,442 Mil.

Anhui Huilong Agricultural Means of Production Co's quarterly retained earnings declined from Sep. 2023 (¥1,428 Mil) to Dec. 2023 (¥1,332 Mil) but then increased from Dec. 2023 (¥1,332 Mil) to Mar. 2024 (¥1,442 Mil).

Anhui Huilong Agricultural Means of Production Co's annual retained earnings increased from Dec. 2021 (¥1,280 Mil) to Dec. 2022 (¥1,576 Mil) but then declined from Dec. 2022 (¥1,576 Mil) to Dec. 2023 (¥1,332 Mil).


Anhui Huilong Agricultural Means of Production Co Retained Earnings Historical Data

The historical data trend for Anhui Huilong Agricultural Means of Production 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.

* Premium members only.

Anhui Huilong Agricultural Means of Production Co Retained Earnings Chart

Anhui Huilong Agricultural Means of Production 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 959.87 1,092.53 1,280.35 1,575.85 1,331.85

Anhui Huilong Agricultural Means of Production 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 1,733.14 1,540.51 1,427.51 1,331.85 1,442.35

Anhui Huilong Agricultural Means of Production 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.


Anhui Huilong Agricultural Means of Production Co  (SZSE:002556) 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.


Anhui Huilong Agricultural Means of Production Co (SZSE:002556) Business Description

Traded in Other Exchanges
N/A
Address
1777 Tuen Mun Road, Huilong Building, Anhui, Sheshan District, Hefei, CHN
Anhui Huilong Agricultural Means of Production Co Ltd is a China-based company engaged in the chain operation of fertilizers and pesticides. It distributes fertilizers, including nitrogen and phosphate fertilizers; pesticides, including herbicides and fungicides, as well as agricultural and sideline products, such as seeds and others. The company operates its businesses in domestic and overseas markets.
Executives
Wang Hai Yan Executives
Xu Min Secretary Dong
Pan Xiao Fei Executives
Zhao Lei Executives
Wang Tao Directors, executives
Xiao Ben Yu Supervisors
Liu Gui Hua Director
Jie Feng Miao Executives
Guo Yi Supervisors
Cheng Jin Hua Supervisors
Wang Ben Fa Executives
Wang Zhong Tian Supervisors
Cheng Cheng Directors, executives
Dong Qing Directors, Directors, and Executives
Hu Peng Executives

Anhui Huilong Agricultural Means of Production Co (SZSE:002556) Headlines

No Headlines