GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangsu Olive Sensors High-Tech Co Ltd (SZSE:300507) » Definitions » Retained Earnings

Jiangsu Olive Sensors High-Tech Co (SZSE:300507) Retained Earnings : ¥905 Mil (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Jiangsu Olive Sensors High-Tech Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jiangsu Olive Sensors High-Tech Co's retained earnings for the quarter that ended in Mar. 2024 was ¥905 Mil.

Jiangsu Olive Sensors High-Tech Co's quarterly retained earnings increased from Sep. 2023 (¥853 Mil) to Dec. 2023 (¥877 Mil) and increased from Dec. 2023 (¥877 Mil) to Mar. 2024 (¥905 Mil).

Jiangsu Olive Sensors High-Tech Co's annual retained earnings increased from Dec. 2021 (¥638 Mil) to Dec. 2022 (¥857 Mil) and increased from Dec. 2022 (¥857 Mil) to Dec. 2023 (¥877 Mil).


Jiangsu Olive Sensors High-Tech Co Retained Earnings Historical Data

The historical data trend for Jiangsu Olive Sensors High-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.

* Premium members only.

Jiangsu Olive Sensors High-Tech Co Retained Earnings Chart

Jiangsu Olive Sensors High-Tech 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 502.55 577.14 637.56 857.25 877.12

Jiangsu Olive Sensors High-Tech 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 880.07 820.15 852.89 877.12 905.25

Jiangsu Olive Sensors High-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.


Jiangsu Olive Sensors High-Tech Co  (SZSE:300507) 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.


Jiangsu Olive Sensors High-Tech Co (SZSE:300507) Business Description

Traded in Other Exchanges
N/A
Address
No.158 Xiangyuan Road, High-tech Industrial Development Zone, Jiangsu Province, Yangzhou, CHN, 225127
Jiangsu Olive Sensors High-Tech Co Ltd is engaged in manufacturing automobile parts.
Executives
Li Hong Qing Director
Wang Xiu Hong Supervisors
Fang Tai Lang Secretary, Director
Teng Fei Directors, executives
Dai Zhao Xi Executives
Qiao Kang Executives
Sun Hai Xin Executives
Kong You Tian Executives
Ni Xing Ping Securities Affairs Representative

Jiangsu Olive Sensors High-Tech Co (SZSE:300507) Headlines

No Headlines