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Nations Technologies (SZSE:300077) Retained Earnings : ¥-2,167 Mil (As of Sep. 2024)


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What is Nations Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nations Technologies's retained earnings for the quarter that ended in Sep. 2024 was ¥-2,167 Mil.

Nations Technologies's quarterly retained earnings declined from Mar. 2024 (¥-2,092 Mil) to Jun. 2024 (¥-2,151 Mil) and declined from Jun. 2024 (¥-2,151 Mil) to Sep. 2024 (¥-2,167 Mil).

Nations Technologies's annual retained earnings declined from Dec. 2021 (¥-1,413 Mil) to Dec. 2022 (¥-1,446 Mil) and declined from Dec. 2022 (¥-1,446 Mil) to Dec. 2023 (¥-2,017 Mil).


Nations Technologies Retained Earnings Historical Data

The historical data trend for Nations Technologies'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.

* Premium members only.

Nations Technologies Retained Earnings Chart

Nations Technologies 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 -1,643.57 -1,632.34 -1,413.36 -1,445.85 -2,017.37

Nations Technologies 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 -1,797.16 -2,017.37 -2,092.18 -2,151.31 -2,166.72

Nations Technologies 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.


Nations Technologies  (SZSE:300077) 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.


Nations Technologies Business Description

Traded in Other Exchanges
N/A
Address
No. 109 Baoshen Road, National Technology Building, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Nations Technologies Inc is a China-based company. It provides secure IC products and services in Internet identification authentication, TPM, secure modules, and personal digital security products and services. Its products include mobile identity, online banking, data encryption, e-Government, financial transaction and many others.
Executives
Liu Hong Jing Directors, executives
Xu Guo Hui Securities Affairs Representative
Luo Zhao Xue Director
Sun Ying Tong Directors, executives
Yu Jun Jie Directors, executives
Guan Shi Yuan Executives
Zhou Jian Bo Supervisors
Zhang Bin Executives
Yu Yun Bo Directors, executives
Wang Tao Securities Affairs Representative
Liu Xiao Yu Executives
Peng Bo Supervisors
Lu Lin Executives
Sun Yuan Executives
Huang Fu Hong Jun Executives

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