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Stanley Agricultural Group Co (SZSE:002588) Retained Earnings : ¥4,338 Mil (As of Mar. 2024)


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What is Stanley Agricultural Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Stanley Agricultural Group Co's retained earnings for the quarter that ended in Mar. 2024 was ¥4,338 Mil.

Stanley Agricultural Group Co's quarterly retained earnings increased from Sep. 2023 (¥4,040 Mil) to Dec. 2023 (¥4,099 Mil) and increased from Dec. 2023 (¥4,099 Mil) to Mar. 2024 (¥4,338 Mil).

Stanley Agricultural Group Co's annual retained earnings increased from Dec. 2021 (¥3,184 Mil) to Dec. 2022 (¥3,518 Mil) and increased from Dec. 2022 (¥3,518 Mil) to Dec. 2023 (¥4,099 Mil).


Stanley Agricultural Group Co Retained Earnings Historical Data

The historical data trend for Stanley Agricultural Group 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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Stanley Agricultural Group Co Retained Earnings Chart

Stanley Agricultural Group 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 2,629.80 2,869.64 3,183.64 3,517.90 4,099.35

Stanley Agricultural Group 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 3,732.24 3,858.83 4,039.64 4,099.35 4,337.84

Stanley Agricultural Group 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.


Stanley Agricultural Group Co  (SZSE:002588) 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.


Stanley Agricultural Group Co (SZSE:002588) Business Description

Traded in Other Exchanges
N/A
Address
East of Changlin Street, Linshu County, Linyi, CHN
Stanley Agricultural Group Co Ltd is an agricultural service provider and international compound fertilizer standard specializing in compound fertilizer production and sales, grain storage and storage, agricultural information consultation, agricultural technology promotion, and agricultural trade. It produces various types of products that include Sanan, Pure sulfur, Fourth element, Water soluble fertilizer, Nitro fertilizer, and New product development.
Executives
Tang You Yun Executives
Gao Wen Ban Director
Mi Shou Hong Supervisors
Gao Jin Hua Directors, executives
Hu Zhao Shun Directors, executives
Gu Rong Bin Executives
Jing Pei Hua Director
Zu Lin Hai Executives
Feng Wei Guang Executives
Zhang Lei Executives
Wang Jing Ming Executives
Gao Bin Supervisors
Jing Hong Lei Supervisors
Li Yan Yan Supervisors
Wang Xu Qian Supervisors

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