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Tianjin Motimo Membrane Technology Co (SZSE:300334) Retained Earnings : ¥-830.7 Mil (As of Jun. 2024)


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What is Tianjin Motimo Membrane Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tianjin Motimo Membrane Technology Co's retained earnings for the quarter that ended in Jun. 2024 was ¥-830.7 Mil.

Tianjin Motimo Membrane Technology Co's quarterly retained earnings increased from Dec. 2023 (¥-832.1 Mil) to Mar. 2024 (¥-830.6 Mil) but then declined from Mar. 2024 (¥-830.6 Mil) to Jun. 2024 (¥-830.7 Mil).

Tianjin Motimo Membrane Technology Co's annual retained earnings declined from Dec. 2021 (¥-636.5 Mil) to Dec. 2022 (¥-821.2 Mil) and declined from Dec. 2022 (¥-821.2 Mil) to Dec. 2023 (¥-832.1 Mil).


Tianjin Motimo Membrane Technology Co Retained Earnings Historical Data

The historical data trend for Tianjin Motimo Membrane 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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Tianjin Motimo Membrane Technology Co Retained Earnings Chart

Tianjin Motimo Membrane 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 -577.30 -664.82 -636.53 -821.19 -832.09

Tianjin Motimo Membrane Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -831.96 -835.63 -832.09 -830.64 -830.69

Tianjin Motimo Membrane 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.


Tianjin Motimo Membrane Technology Co  (SZSE:300334) 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.


Tianjin Motimo Membrane Technology Co Business Description

Traded in Other Exchanges
N/A
Address
11th Street, TEDA, Tianjin, CHN, 300160
Tianjin Motimo Membrane Technology Co Ltd is engaged in the research and development of membrane material and membrane process. In addition, the company is engaged in the production of the membrane module and membrane equipment. The company offers hollow fiber microfiltration and ultrafiltration membrane element and equipment. The products are widely used in municipal, power, steel and iron, petrochemical, spinning and weaving, food filed, water supply industries and pharmacy removal, separation, and concentration. Its products are exported to more than 20 countries.
Executives
Ye Quan Director
Hu Xiao Yu Executives
Dai Hai Ping Executives
Li Xin Min Director
Li Hong Gang Executives
Qiu Guan Xiong Supervisors
Liu Jian Li Executives
Zhang Lin Executives
Li Xiang De Executives
Huan Guo Lan Securities Affairs Representative
Zheng Chun Jian Directors, executives

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