XGD (SZSE:300130) Retained Earnings : ¥1,778 Mil (As of Mar. 2024)

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What is XGD Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. XGD's retained earnings for the quarter that ended in Mar. 2024 was ¥1,778 Mil.

XGD's quarterly retained earnings increased from Sep. 2023 (¥1,370 Mil) to Dec. 2023 (¥1,557 Mil) and increased from Dec. 2023 (¥1,557 Mil) to Mar. 2024 (¥1,778 Mil).

XGD's annual retained earnings increased from Dec. 2021 (¥898 Mil) to Dec. 2022 (¥937 Mil) and increased from Dec. 2022 (¥937 Mil) to Dec. 2023 (¥1,557 Mil).

XGD Retained Earnings Historical Data

The historical data trend for XGD'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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XGD Retained Earnings Chart

XGD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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882.46

847.56

897.73

936.50

1,557.35

XGD 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															1,069.35	1,150.44	1,369.97	1,557.35	1,778.12

XGD 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.

XGD (SZSE:300130) 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.

XGD (SZSE:300130) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XGD Inc (SZSE:300130) » Definitions » Retained Earnings

Traded in Other Exchanges

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Address

17th floor Jinsong,Tairan, Futian District, Shenzhen Trade and Industry Park Building, Shenzhen, CHN

Website

http://www.nexgo.com.cn

XGD Inc is a manufacturer of point of sales (POS) terminals and provide comprehensive associated technical services for electronic payment. It provides electronic funds transfer, debit card service, and other electronic financial services. Its products include smart POS, MINI POS, Wireless POS, Desktop POS, MPOS, and PINPPAD.

Executives

Sun Tong	Directors, executives
Yao Jun	Executives
Li Lin Jie	Supervisors
Shi Xiao Dong	Directors, executives
Jiang Han	Director
Wang Yang	Directors, executives
Wei Yu Hong	Directors, executives
Fang Yuan	Securities Affairs Representative
Zhao Hui	Executives
Li Jian	Executives
Liu Xiang	Directors, executives
Yang Xing	Supervisors
Tong Wei Dong	Executives
Luan Cheng Lan	Supervisors
Li Yan Fang	Secretary Dong

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