GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huizhou Speed Wireless Technology Co Ltd (SZSE:300322) » Definitions » Retained Earnings

Huizhou Speed Wireless Technology Co (SZSE:300322) Retained Earnings : ¥-48 Mil (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Huizhou Speed Wireless Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Huizhou Speed Wireless Technology Co's retained earnings for the quarter that ended in Mar. 2024 was ¥-48 Mil.

Huizhou Speed Wireless Technology Co's quarterly retained earnings declined from Sep. 2023 (¥-0 Mil) to Dec. 2023 (¥-39 Mil) and declined from Dec. 2023 (¥-39 Mil) to Mar. 2024 (¥-48 Mil).

Huizhou Speed Wireless Technology Co's annual retained earnings declined from Dec. 2021 (¥253 Mil) to Dec. 2022 (¥156 Mil) and declined from Dec. 2022 (¥156 Mil) to Dec. 2023 (¥-39 Mil).


Huizhou Speed Wireless Technology Co Retained Earnings Historical Data

The historical data trend for Huizhou Speed Wireless 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.

* Premium members only.

Huizhou Speed Wireless Technology Co Retained Earnings Chart

Huizhou Speed Wireless 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 209.88 220.12 252.94 155.62 -38.94

Huizhou Speed Wireless Technology 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 128.75 24.84 -0.11 -38.94 -48.00

Huizhou Speed Wireless 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.


Huizhou Speed Wireless Technology Co  (SZSE:300322) 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.


Huizhou Speed Wireless Technology Co (SZSE:300322) Business Description

Traded in Other Exchanges
N/A
Address
SX-01-02, Shangxia Section, Hi-tech District of East-river, Guangdong, Huizhou, CHN, 516255
Huizhou Speed Wireless Technology Co Ltd is a manufacturer of wireless communication antennas and intelligent terminal product components. The product range consists of precision molds, plastic and metal structure, wireless charging products, fingerprint sensor module, and semiconductor packaging and testing, advanced intelligent test fixture and equipment. The products are mainly used in mobile phones, tablets, wearable devices, notebook computers, automobiles, unmanned aerial vehicles, security monitoring and other fields.
Executives
Wen Qiao Fu Directors, executives
Yu Bin Directors, executives
Zhu Xu Dong Director
Yang Qiang Executives
Zhu Kun Hua Director
Zhang Hai Ying Executives
Huang Gang Executives
Zhu Xu Hua Supervisors
Zhong Zhu Peng Supervisors
Li Bin Directors, executives
Lin Sheng Zhong Director
Huang Yi Hang Securities Affairs Representative
Sun Wen Ke Secretary Dong
Wang Hai Bo Executives
Zhang Qin Yu Independent director

Huizhou Speed Wireless Technology Co (SZSE:300322) Headlines

No Headlines