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Ocean's King Lighting Science & Technology Co (SZSE:002724) Retained Earnings : ¥1,404 Mil (As of Mar. 2025)


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What is Ocean's King Lighting Science & Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ocean's King Lighting Science & Technology Co's retained earnings for the quarter that ended in Mar. 2025 was ¥1,404 Mil.

Ocean's King Lighting Science & Technology Co's quarterly retained earnings declined from Sep. 2024 (¥1,592 Mil) to Dec. 2024 (¥1,393 Mil) but then increased from Dec. 2024 (¥1,393 Mil) to Mar. 2025 (¥1,404 Mil).

Ocean's King Lighting Science & Technology Co's annual retained earnings declined from Dec. 2022 (¥1,588 Mil) to Dec. 2023 (¥1,570 Mil) and declined from Dec. 2023 (¥1,570 Mil) to Dec. 2024 (¥1,393 Mil).


Ocean's King Lighting Science & Technology Co Retained Earnings Historical Data

The historical data trend for Ocean's King Lighting Science & Technology 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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Ocean's King Lighting Science & Technology Co Retained Earnings Chart

Ocean's King Lighting Science & Technology 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 1,420.16 1,676.74 1,587.50 1,570.40 1,393.42

Ocean's King Lighting Science & Technology 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 1,570.73 1,583.28 1,592.38 1,393.42 1,404.39

Ocean's King Lighting Science & Technology 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.


Ocean's King Lighting Science & Technology Co  (SZSE:002724) 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.


Ocean's King Lighting Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Gaoxin Road, Ocean's King Science & Technology Tower, No. 1601, Guangming New District, Shenzhen, CHN, 518107
Ocean's King Lighting Science & Technology Co Ltd is a China-based company providing lighting products. It is engaged in the research, development, manufacture, and supply of innovative and reliable indoor and outdoor lighting solutions. The firm is a supplier of lighting products to transportation, power generation, mining, oil and gas, and petrochemical industries. It offers lighting and control products including fixed explosion-proof lighting, fixed professional lighting, mobile professional lighting, portable explosion-proof lighting, portable professional lighting, detectors, controllers, and gateways. The firm also provides value-added services.
Executives
Huang Xiu Qian Director
Chen Yan Directors, executives
Li Cai Fen Director
Yang Zhi Jie Directors, executives
Li Fu Ning Director
Ma Shao Yong Director
Feng Yuan Supervisors
Li Ping Independent director
Chen Shao Feng Director
Zhou Ming Jie Directors, executives
Yan Li Rong Supervisors
Chen Hui Secretary Dong
Yi Nian Feng Supervisors

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