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Liao Ning Oxiranchem (SZSE:300082) Retained Earnings : ¥192 Mil (As of Sep. 2024)


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What is Liao Ning Oxiranchem Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Liao Ning Oxiranchem's retained earnings for the quarter that ended in Sep. 2024 was ¥192 Mil.

Liao Ning Oxiranchem's quarterly retained earnings declined from Mar. 2024 (¥247 Mil) to Jun. 2024 (¥225 Mil) and declined from Jun. 2024 (¥225 Mil) to Sep. 2024 (¥192 Mil).

Liao Ning Oxiranchem's annual retained earnings declined from Dec. 2021 (¥869 Mil) to Dec. 2022 (¥635 Mil) and declined from Dec. 2022 (¥635 Mil) to Dec. 2023 (¥326 Mil).


Liao Ning Oxiranchem Retained Earnings Historical Data

The historical data trend for Liao Ning Oxiranchem'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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Liao Ning Oxiranchem Retained Earnings Chart

Liao Ning Oxiranchem 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 677.13 790.97 868.94 634.79 325.86

Liao Ning Oxiranchem 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 441.10 325.86 247.48 225.08 192.34

Liao Ning Oxiranchem 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.


Liao Ning Oxiranchem  (SZSE:300082) 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.


Liao Ning Oxiranchem Business Description

Traded in Other Exchanges
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Address
Eastern ring road on the 29th, Hongwei District, Liaoning Province, Liaoyang, CHN, 111003
Liao Ning Oxiranchem Inc is a high-tech industrial company. It is engaged in the research, production, and sale of ethylene oxide derivative fine chemicals. Its products include crystalline silicon cutting liquid for the photovoltaic industry, water reducing agent for high-performance cement, and polyethylene glycol.
Executives
Xu Xiu Yun Executives
Zhu Zong Jiang Executives
Wang Shu Bo Executives
Huang Jian Jun Directors, executives
Song En Jun Director
Zhang Wei Min Securities Affairs Representative
Liu Zhao Bin Director
Dong Zhen Peng Directors, executives
Zhu Jian Min Director
Jin Lian Hai Supervisors
Tan Wen Hua Supervisors

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