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Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Retained Earnings : ¥781 Mil (As of Jun. 2024)


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What is Sichuan Jiuyuan Yinhai Software Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sichuan Jiuyuan Yinhai Software Co's retained earnings for the quarter that ended in Jun. 2024 was ¥781 Mil.

Sichuan Jiuyuan Yinhai Software Co's quarterly retained earnings increased from Dec. 2023 (¥819 Mil) to Mar. 2024 (¥832 Mil) but then declined from Mar. 2024 (¥832 Mil) to Jun. 2024 (¥781 Mil).

Sichuan Jiuyuan Yinhai Software Co's annual retained earnings increased from Dec. 2021 (¥598 Mil) to Dec. 2022 (¥704 Mil) and increased from Dec. 2022 (¥704 Mil) to Dec. 2023 (¥819 Mil).


Sichuan Jiuyuan Yinhai Software Co Retained Earnings Historical Data

The historical data trend for Sichuan Jiuyuan Yinhai Software 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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Sichuan Jiuyuan Yinhai Software Co Retained Earnings Chart

Sichuan Jiuyuan Yinhai Software 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 319.28 447.25 597.81 703.72 818.88

Sichuan Jiuyuan Yinhai Software Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 748.03 777.11 818.88 832.31 781.12

Sichuan Jiuyuan Yinhai Software 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.


Sichuan Jiuyuan Yinhai Software Co  (SZSE:002777) 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.


Sichuan Jiuyuan Yinhai Software Co Business Description

Traded in Other Exchanges
N/A
Address
Sansui Road, Building 2, No. 3, Yinhai Core Block, No. 163, High-tech Zone, Jinjiang District, Chengdu, CHN, 610063
Sichuan Jiuyuan Yinhai Software Co Ltd provides enterprise application software solutions and integrated services for livelihood and defense industries. The company's businesses and products coverage of human resources and social security, medical hygiene, provident fund, civil affairs, food and drug supervision, smart city, military and civilian products, and digital military.
Executives
Jiang Hong Executives
Zhan Kai Ming Executives
Yang Cheng Wen Directors, executives
Lian Chun Hua Directors, executives
Qiao Deng Jian Executives
Zhang Wei Executives
Zhou Kai Supervisors
Huang Dan Supervisors
Li Hui Xia Director
Wang Zu Executives
Tian Zhi Yong Executives
Dan Wei Min Executives
Di Jun Zi Executives
Cheng Shu Zhong Supervisors
Hou Chun Mei Supervisors

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