Hytera Communications (SZSE:002583) Retained Earnings : ¥1,038 Mil (As of Mar. 2024)

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What is Hytera Communications Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hytera Communications's retained earnings for the quarter that ended in Mar. 2024 was ¥1,038 Mil.

Hytera Communications's quarterly retained earnings declined from Sep. 2023 (¥1,461 Mil) to Dec. 2023 (¥926 Mil) but then increased from Dec. 2023 (¥926 Mil) to Mar. 2024 (¥1,038 Mil).

Hytera Communications's annual retained earnings increased from Dec. 2021 (¥912 Mil) to Dec. 2022 (¥1,314 Mil) but then declined from Dec. 2022 (¥1,314 Mil) to Dec. 2023 (¥926 Mil).

Hytera Communications Retained Earnings Historical Data

The historical data trend for Hytera Communications'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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Hytera Communications Retained Earnings Chart

Hytera Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,498.77

1,594.06

912.35

1,313.95

926.09

Hytera Communications 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															1,257.62	1,391.35	1,461.45	926.09	1,038.36

Hytera Communications 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.

Hytera Communications (SZSE:002583) 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.

Hytera Communications (SZSE:002583) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hytera Communications Corp Ltd (SZSE:002583) » Definitions » Retained Earnings

Traded in Other Exchanges

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Address

North Ring Road, No. 9108 Hytera Building, Shenzhen Hi-Tech Industrial Park North, Nanshan District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.hytera.com

Hytera Communications Corp Ltd designs & manufactures professional wireless communications equipment, offering customized communication solutions to government, utility, enterprises & businesses to help achieve higher organizational efficiency.

Executives

Jiang Ye Lin	Directors, executives
Zhu De You	Supervisors
Peng Jian Feng	Director
Chen Qing Zhou	Director
Wu Mei	Directors, executives
Tian Zhi Yong	Securities Affairs Representative
Deng Feng	Supervisors
Zhang Ju	Directors, Directors, and Executives
Li Shao Qian	Independent director
Zhang Yu Cheng	Supervisors
Tan Xue Zhi	Director
Ceng Hua	Directors, executives
Wang Zhuo	Supervisors
Fu Dong Hui	Supervisors
Zhang Yong	Securities Affairs Representative

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