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Shenzhen Chengtian Weiye Technology Co (SZSE:300689) Retained Earnings : ¥355.2 Mil (As of Mar. 2025)


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What is Shenzhen Chengtian Weiye Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shenzhen Chengtian Weiye Technology Co's retained earnings for the quarter that ended in Mar. 2025 was ¥355.2 Mil.

Shenzhen Chengtian Weiye Technology Co's quarterly retained earnings increased from Sep. 2024 (¥341.4 Mil) to Dec. 2024 (¥349.9 Mil) and increased from Dec. 2024 (¥349.9 Mil) to Mar. 2025 (¥355.2 Mil).

Shenzhen Chengtian Weiye Technology Co's annual retained earnings increased from Dec. 2022 (¥343.0 Mil) to Dec. 2023 (¥345.8 Mil) and increased from Dec. 2023 (¥345.8 Mil) to Dec. 2024 (¥349.9 Mil).


Shenzhen Chengtian Weiye Technology Co Retained Earnings Historical Data

The historical data trend for Shenzhen Chengtian Weiye 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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Shenzhen Chengtian Weiye Technology Co Retained Earnings Chart

Shenzhen Chengtian Weiye Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 300.88 312.36 342.99 345.80 349.92

Shenzhen Chengtian Weiye Technology 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 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 345.29 342.66 341.43 349.92 355.22

Shenzhen Chengtian Weiye 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.


Shenzhen Chengtian Weiye Technology Co  (SZSE:300689) 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.


Shenzhen Chengtian Weiye Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Gaoxin South 9th Road, Gaoxin District Community, Yuehai Street, Shenzhen, CHN, 518052
Shenzhen Chengtian Weiye Technology Co Ltd is focused on the development, production, and sales of smart cards, including telecom cards, financial IC cards, and ID cards as well as financial IC card-based manufacturing services for partners. Its products cover the main application areas of smart cards such as mobile communications, financial payments, and public utilities.
Executives
Jing Zai Jun Directors, executives
Feng Xue Yu Directors, executives
Song Jia Bin Director
Jiang Wei Hong Directors, executives
Wu Qing Li Supervisors
Lan You Mei Supervisors
Ceng Yun Bin Supervisors
Zhang Gui Hong Independent director

Shenzhen Chengtian Weiye Technology Co Headlines

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