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Eoptolink Technology (SZSE:300502) Retained Earnings : ¥3,382 Mil (As of Mar. 2024)


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What is Eoptolink Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eoptolink Technology's retained earnings for the quarter that ended in Mar. 2024 was ¥3,382 Mil.

Eoptolink Technology's quarterly retained earnings increased from Sep. 2023 (¥2,825 Mil) to Dec. 2023 (¥3,057 Mil) and increased from Dec. 2023 (¥3,057 Mil) to Mar. 2024 (¥3,382 Mil).

Eoptolink Technology's annual retained earnings increased from Dec. 2021 (¥1,634 Mil) to Dec. 2022 (¥2,459 Mil) and increased from Dec. 2022 (¥2,459 Mil) to Dec. 2023 (¥3,057 Mil).


Eoptolink Technology Retained Earnings Historical Data

The historical data trend for Eoptolink Technology'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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Eoptolink Technology Retained Earnings Chart

Eoptolink Technology 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 666.60 1,093.53 1,634.20 2,458.86 3,057.42

Eoptolink Technology 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 2,566.70 2,683.33 2,824.53 3,057.42 3,381.96

Eoptolink Technology 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.


Eoptolink Technology  (SZSE:300502) 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.


Eoptolink Technology (SZSE:300502) Business Description

Traded in Other Exchanges
N/A
Address
No.127 West Wulian Street, Gongxing Town, Shuangliu District, Chengdu, CHN, 610213
Eoptolink Technology Inc Ltd designs develops, manufactures, and markets a diverse portfolio of optical transceiver modules for all applications. Its products are used in various ICT applications, such as data centers, telecom networks, security monitoring, smart grid, and other industries. The firm's products include CFP & QSFP+; SFP+; XPF; X2; xPON; and CWDm SFP; among others.
Executives
Dai Xue Min Executives
Gao Guang Rong Director
Wang Cheng Directors, executives
Chen Wei Executives
Zhang Zhi Qiang Supervisors
Yuan Yin Supervisors
Director
Wan Ming Supervisors
Hu Xue Min Director
Wei Wei Supervisors, securities affairs representatives
Huang Xiao Lei Directors, executives
Li Jiang Directors, executives

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