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Leascend Technology Co (SZSE:300051) Retained Earnings : ¥-841.0 Mil (As of Mar. 2025)


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What is Leascend Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Leascend Technology Co's retained earnings for the quarter that ended in Mar. 2025 was ¥-841.0 Mil.

Leascend Technology Co's quarterly retained earnings declined from Sep. 2024 (¥-772.4 Mil) to Dec. 2024 (¥-817.7 Mil) and declined from Dec. 2024 (¥-817.7 Mil) to Mar. 2025 (¥-841.0 Mil).

Leascend Technology Co's annual retained earnings declined from Dec. 2022 (¥-661.3 Mil) to Dec. 2023 (¥-706.2 Mil) and declined from Dec. 2023 (¥-706.2 Mil) to Dec. 2024 (¥-817.7 Mil).


Leascend Technology Co Retained Earnings Historical Data

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

Leascend 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 -604.50 -629.14 -661.35 -706.22 -817.66

Leascend 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 -734.71 -748.64 -772.44 -817.66 -840.95

Leascend 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.


Leascend Technology Co  (SZSE:300051) 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.


Leascend Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Guanri Road, Phase II, Software Park, 1st Floor, Torch Hi-Tech Industrial Development Zone, Fujian province, Xiamen, CHN, 361008
Leascend Technology Co Ltd, formerly Xiamen 35.com Technology Co Ltd operates in the software service industry in China. It offers enterprise internet solutions, corporate communication solutions, mobile office solutions, and business management solutions. The company provides its clients with enterprise mailboxes, electronic commercial websites, domain registration, smart restaurants, 35 cloud attendance, cloud office bag, office automation systems, among others.
Executives
Zhang Wei Wei Executives
Tang Jing Lei Executives
Chen Tu Bao Supervisors
Yu Cheng Bin Supervisors
Zhang Xiao Chu Executives
Gong Shao Hui Directors, executives
Yang Xiao Liang Directors, Directors, and Executives
Zhang Mei Wen Directors, executives
Shen Wen Ce Director
Li Yun Fei Executives
Ceng Hua Qun Director

Leascend Technology Co Headlines

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