GL Tech Co (SZSE:300480) Retained Earnings : ¥334.5 Mil (As of Mar. 2025)

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What is GL Tech Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GL Tech Co's retained earnings for the quarter that ended in Mar. 2025 was ¥334.5 Mil.

GL Tech Co's quarterly retained earnings declined from Sep. 2024 (¥382.7 Mil) to Dec. 2024 (¥316.6 Mil) but then increased from Dec. 2024 (¥316.6 Mil) to Mar. 2025 (¥334.5 Mil).

GL Tech Co's annual retained earnings increased from Dec. 2022 (¥448.1 Mil) to Dec. 2023 (¥454.4 Mil) but then declined from Dec. 2023 (¥454.4 Mil) to Dec. 2024 (¥316.6 Mil).

GL Tech Co Retained Earnings Historical Data

The historical data trend for GL Tech 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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GL Tech Co Retained Earnings Chart

GL Tech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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309.69

422.71

448.08

454.39

316.62

GL Tech Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Retained Earnings	Get a 7-Day Free Trial															469.38	372.25	382.67	316.62	334.46

GL Tech 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.

GL Tech Co (SZSE:300480) 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.

GL Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GL Tech Co Ltd (SZSE:300480) » Definitions » Retained Earnings

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Address

No. 10 Changchun Road, Zhengzhou High-tech Development Zone, Henan Province, Zhengzhou, CHN, 450001

Website

http://www.gltech.cn

GL Tech Co Ltd develops and produces instruments and complete solutions for the purposes of environmental protection, energy saving, and product safety. Its product line involves three areas: power production, coal mine safety production and semiconductor precision processing and manufacturing. Its products include two categories: safety production monitoring products; power production monitoring and environmental protection products.

Executives

Zhao Tong Yu	Director
Li Zu Qing	Directors, executives
Cao Wei	Secretary Dong
Sun Jian Hua	Director
Zhu Rui Hong	Supervisors
Li Yu Xia	Director
Liu Chun Feng	Executives
Guan Ping Li	Securities Affairs Representative

GL Tech Co Headlines

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