Nanjing Baose Co (SZSE:300402) Retained Earnings : ¥259 Mil (As of Dec. 2024)

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What is Nanjing Baose Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nanjing Baose Co's retained earnings for the quarter that ended in Dec. 2024 was ¥259 Mil.

Nanjing Baose Co's quarterly retained earnings increased from Jun. 2024 (¥235 Mil) to Sep. 2024 (¥256 Mil) and increased from Sep. 2024 (¥256 Mil) to Dec. 2024 (¥259 Mil).

Nanjing Baose Co's annual retained earnings increased from Dec. 2022 (¥194 Mil) to Dec. 2023 (¥222 Mil) and increased from Dec. 2023 (¥222 Mil) to Dec. 2024 (¥259 Mil).

Nanjing Baose Co Retained Earnings Historical Data

The historical data trend for Nanjing Baose 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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Nanjing Baose Co Retained Earnings Chart

Nanjing Baose Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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213.62

160.25

194.30

221.72

258.92

Nanjing Baose Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															221.72	241.19	235.47	255.63	258.92

Nanjing Baose 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.

Nanjing Baose Co (SZSE:300402) 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.

Nanjing Baose Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nanjing Baose Co Ltd (SZSE:300402) » Definitions » Retained Earnings

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Address

No.15 Jingming Street, Jiangning Binjiang Economic Development Zone, Jiangsu Province, Nanjing, CHN, 211178

Website

https://www.baose.com

Nanjing Baose Co Ltd is a supplier of large-scale special materials and non-standard equipment. It is mainly engaged in non-ferrous metals such as titanium, nickel, zirconium, niobium and copper and their alloys. It develops, designs, manufactures, install non-standard pressure vessels from special materials such as high-grade stainless steel and metal composite materials, and welding pressure of non-ferrous metals. The company's main products include heat exchangers, towers, reactors and other special non-standard pressure vessels and pipe fittings, mainly used in chemical, metallurgical, Electric power, energy, military, marine engineering, shipbuilding and environmental protection industries.

Executives

Cao Xian Bo	Supervisors
Jiang Jian Hua	Independent director

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