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Shandongcred Sun Power Sources Co (SZSE:002580) Retained Earnings : ¥804 Mil (As of Mar. 2025)


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What is Shandongcred Sun Power Sources Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shandongcred Sun Power Sources Co's retained earnings for the quarter that ended in Mar. 2025 was ¥804 Mil.

Shandongcred Sun Power Sources Co's quarterly retained earnings increased from Sep. 2024 (¥734 Mil) to Dec. 2024 (¥743 Mil) and increased from Dec. 2024 (¥743 Mil) to Mar. 2025 (¥804 Mil).

Shandongcred Sun Power Sources Co's annual retained earnings increased from Dec. 2022 (¥469 Mil) to Dec. 2023 (¥617 Mil) and increased from Dec. 2023 (¥617 Mil) to Dec. 2024 (¥743 Mil).


Shandongcred Sun Power Sources Co Retained Earnings Historical Data

The historical data trend for Shandongcred Sun Power Sources 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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Shandongcred Sun Power Sources Co Retained Earnings Chart

Shandongcred Sun Power Sources 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 326.40 345.97 468.95 616.85 743.25

Shandongcred Sun Power Sources 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 668.61 705.96 733.78 743.25 803.94

Shandongcred Sun Power Sources 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.


Shandongcred Sun Power Sources Co  (SZSE:002580) 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.


Shandongcred Sun Power Sources Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Shengyang Road, Shandong, Qufu, CHN, 273100
Shandong Sacred Sun Power Sources Co Ltd is engaged in providing stored energy solutions for industrial applications. The company designs, manufactures, and distributes reserve power and motive power batteries. The application area of the company include telecom, UPS, energy storage, and motive power.
Executives
Song Bin Director
Li Dong Guang Supervisors
Zhu Ji Ling Executives
Gao Yun Kui Director
Yang Jun Chao Executives
Yu Hai Long Secretary, Director
Li Shu Hua Supervisors
Sui Yan Bo Directors, executives
Gong Guo Wei Executives
Wang Jun Executives
Kong De Long Executives
Yang Yu Qing Executives
Wang Ping Directors, executives
Li Juan Securities Affairs Representative

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