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Wuhan P&S Information Technology Co (SZSE:300184) Retained Earnings : ¥-124 Mil (As of Sep. 2024)


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What is Wuhan P&S Information Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wuhan P&S Information Technology Co's retained earnings for the quarter that ended in Sep. 2024 was ¥-124 Mil.

Wuhan P&S Information Technology Co's quarterly retained earnings increased from Mar. 2024 (¥-189 Mil) to Jun. 2024 (¥-166 Mil) and increased from Jun. 2024 (¥-166 Mil) to Sep. 2024 (¥-124 Mil).

Wuhan P&S Information Technology Co's annual retained earnings increased from Dec. 2021 (¥-515 Mil) to Dec. 2022 (¥-290 Mil) and increased from Dec. 2022 (¥-290 Mil) to Dec. 2023 (¥-224 Mil).


Wuhan P&S Information Technology Co Retained Earnings Historical Data

The historical data trend for Wuhan P&S Information 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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Wuhan P&S Information Technology Co Retained Earnings Chart

Wuhan P&S Information Technology 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 914.76 -821.88 -515.47 -290.15 -223.80

Wuhan P&S Information Technology Co 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 -214.64 -223.80 -188.56 -165.82 -123.53

Wuhan P&S Information 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.


Wuhan P&S Information Technology Co  (SZSE:300184) 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.


Wuhan P&S Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor Technology Building, No 424 LuoYu Road, Hongshan District, Wuhan, CHN, 430079
Wuhan P&S Information Technology Co Ltd is an electronic component service provider in China. The company is mainly engaged in IC electronic components such as marketing, sales and service development, and application. Its products include microcontroller, system management device, communication interface device, data converter and signal conditioning devices, power management devices, memory, connectors, discrete semiconductor and passive devices.
Executives
Liu Chang Bai Executives
Wang Xiao Dong Directors, Directors, and Executives
Zhao Jia Sheng Director
Chen Fu Hong Executives
Liu Qi Liang Independent director
Li Wen Jun Director
Directors, executives
Dong Cheng Supervisors
Liao Li Hua Securities Affairs Representative
Hou Hong Liang Director
Yu Xiao Lu Supervisors
Xia Pan Supervisors
Wu Wei Gang Executives
Hu Bin Director

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