GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Canature Health Technology Group Co Ltd (SZSE:300272) » Definitions » Retained Earnings

Canature Health Technology Group Co (SZSE:300272) Retained Earnings : ¥463 Mil (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Canature Health Technology Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Canature Health Technology Group Co's retained earnings for the quarter that ended in Mar. 2024 was ¥463 Mil.

Canature Health Technology Group Co's quarterly retained earnings declined from Sep. 2023 (¥477 Mil) to Dec. 2023 (¥472 Mil) and declined from Dec. 2023 (¥472 Mil) to Mar. 2024 (¥463 Mil).

Canature Health Technology Group Co's annual retained earnings increased from Dec. 2021 (¥374 Mil) to Dec. 2022 (¥405 Mil) and increased from Dec. 2022 (¥405 Mil) to Dec. 2023 (¥472 Mil).


Canature Health Technology Group Co Retained Earnings Historical Data

The historical data trend for Canature Health Technology Group 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.

Canature Health Technology Group Co Retained Earnings Chart

Canature Health Technology Group 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 308.56 303.19 373.98 404.75 472.06

Canature Health Technology Group 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 420.83 401.87 477.41 472.06 462.89

Canature Health Technology Group 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.


Canature Health Technology Group Co  (SZSE:300272) 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.


Canature Health Technology Group Co (SZSE:300272) Business Description

Traded in Other Exchanges
N/A
Address
518 Chuan Da Road, Pudong, Shanghai, CHN, 201299
Canature Health Technology Group Co Ltd engages in the production and distribution of water purification equipment and water softener equipment in China. The products offered by the group includes Softeners, Filters, Commercial Drinking Water Systems, Multi-Port Control Valves, Pressure Tanks, Wells and Valves and others. Geographically the activities are carried out through China.
Executives
Yuan Xue Wei Executives
Directors, executives
Zhao Li Jun Director
Qu Jian Guo Director
Lu Dong Ying Securities Affairs Representative
Gu Tian Lu Supervisors
Qiu Jie Xia Supervisors
Zhou Yi Xiang Supervisors
Yang Huan Feng Directors, Directors, and Executives
Gao Guo Lei Secretary Dong
Supervisors
Wang Jian Director

Canature Health Technology Group Co (SZSE:300272) Headlines

No Headlines