GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangxi Huawu Brake Co Ltd (SZSE:300095) » Definitions » Retained Earnings

Jiangxi Huawu Brake Co (SZSE:300095) Retained Earnings : ¥596 Mil (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Jiangxi Huawu Brake Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jiangxi Huawu Brake Co's retained earnings for the quarter that ended in Mar. 2024 was ¥596 Mil.

Jiangxi Huawu Brake Co's quarterly retained earnings declined from Sep. 2023 (¥608 Mil) to Dec. 2023 (¥579 Mil) but then increased from Dec. 2023 (¥579 Mil) to Mar. 2024 (¥596 Mil).

Jiangxi Huawu Brake Co's annual retained earnings increased from Dec. 2021 (¥517 Mil) to Dec. 2022 (¥554 Mil) and increased from Dec. 2022 (¥554 Mil) to Dec. 2023 (¥579 Mil).


Jiangxi Huawu Brake Co Retained Earnings Historical Data

The historical data trend for Jiangxi Huawu Brake 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.

* Premium members only.

Jiangxi Huawu Brake Co Retained Earnings Chart

Jiangxi Huawu Brake 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 261.64 403.76 517.05 554.40 578.81

Jiangxi Huawu Brake Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 596.70 586.15 607.50 578.81 595.55

Jiangxi Huawu Brake 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.


Jiangxi Huawu Brake Co  (SZSE:300095) 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.


Jiangxi Huawu Brake Co (SZSE:300095) Business Description

Traded in Other Exchanges
N/A
Address
City Industrial Park in Jiangxi Feng Xin Mei Road 7, Fengcheng, CHN, 331100
Jiangxi Huawu Brake Co Ltd is engaged in the research, development, design, manufacture, and sales of industrial brakes and control systems. The products of the company include poet brake, metallurgical brake, wind turbine brake, rail traffic brake, and spare parts.
Executives
Nie Jing Hua Director
Ceng Zhi Yong Directors, executives
Nie Lu Lu Executives, directors
Xie Xu Zhou Executives
Chen Feng Ju Directors, Directors, and Executives
Lai Chen Executives
Zhang Jing Executives
Cai Kui Executives
Cao Ming Sheng Directors, executives
Feng Hua Independent director
Xuan Jian Min Supervisors

Jiangxi Huawu Brake Co (SZSE:300095) Headlines

No Headlines