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Aoshikang Technology Co (SZSE:002913) Retained Earnings : ¥1,767 Mil (As of Sep. 2024)


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What is Aoshikang Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aoshikang Technology Co's retained earnings for the quarter that ended in Sep. 2024 was ¥1,767 Mil.

Aoshikang Technology Co's quarterly retained earnings increased from Mar. 2024 (¥1,702 Mil) to Jun. 2024 (¥1,711 Mil) and increased from Jun. 2024 (¥1,711 Mil) to Sep. 2024 (¥1,767 Mil).

Aoshikang Technology Co's annual retained earnings increased from Dec. 2021 (¥1,326 Mil) to Dec. 2022 (¥1,332 Mil) and increased from Dec. 2022 (¥1,332 Mil) to Dec. 2023 (¥1,598 Mil).


Aoshikang Technology Co Retained Earnings Historical Data

The historical data trend for Aoshikang 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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Aoshikang Technology Co Retained Earnings Chart

Aoshikang Technology 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 782.34 1,040.61 1,325.94 1,332.21 1,598.47

Aoshikang Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,743.29 1,598.47 1,702.22 1,711.05 1,767.41

Aoshikang 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.


Aoshikang Technology Co  (SZSE:002913) 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.


Aoshikang Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Changchun Economic Development Zone, Changyang Industrial Park, Hunan Province, Yiyang, CHN, 413000
Aoshikang Technology Co Ltd is engaged in the research and development, production and sales of laminates, printed circuit board, and multi-layer flexible board for automotive, telecommunications, computing and storage, industrial and instrumentation. The company's product is widely used in data storage, communication networking, automotive, industrial control, energy, and consumer. It offers products with worldwide coverage of Asia, Europe, America.
Executives
He Zi Xiu Directors, Directors, and Executives
He Gao Qiang Directors, executives
Xu Wen Jing Directors, executives
Wen Jin Nong Supervisors
Li Xu Chu Executives
Zhou Guang Hua Supervisors
Deng Hai Ying Supervisors
Cheng Yong Director
He Bo Directors, executives
He Wen Hui Executives

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