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Zhejiang Changsheng Sliding Bearings Co (SZSE:300718) Retained Earnings : ¥826 Mil (As of Mar. 2025)


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What is Zhejiang Changsheng Sliding Bearings Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zhejiang Changsheng Sliding Bearings Co's retained earnings for the quarter that ended in Mar. 2025 was ¥826 Mil.

Zhejiang Changsheng Sliding Bearings Co's quarterly retained earnings declined from Sep. 2024 (¥773 Mil) to Dec. 2024 (¥773 Mil) but then increased from Dec. 2024 (¥773 Mil) to Mar. 2025 (¥826 Mil).

Zhejiang Changsheng Sliding Bearings Co's annual retained earnings increased from Dec. 2022 (¥619 Mil) to Dec. 2023 (¥683 Mil) and increased from Dec. 2023 (¥683 Mil) to Dec. 2024 (¥773 Mil).


Zhejiang Changsheng Sliding Bearings Co Retained Earnings Historical Data

The historical data trend for Zhejiang Changsheng Sliding Bearings 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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Zhejiang Changsheng Sliding Bearings Co Retained Earnings Chart

Zhejiang Changsheng Sliding Bearings 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 589.08 629.32 618.59 683.26 772.74

Zhejiang Changsheng Sliding Bearings 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 735.49 718.87 772.76 772.74 825.78

Zhejiang Changsheng Sliding Bearings 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.


Zhejiang Changsheng Sliding Bearings Co  (SZSE:300718) 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.


Zhejiang Changsheng Sliding Bearings Co Business Description

Traded in Other Exchanges
N/A
Address
No.6, Xinda Road, Economic Development Zone, Jiashan, Zhejiang, CHN
Zhejiang Changsheng Sliding Bearings Co Ltd is engaged in the research, development, production, and sale of self-lubricating bearings in China. The main products are bimetallic self-lubricating bearings, metal plastic self-lubricating bearings, metal-based self-lubricating bearings, and plastic self-lubricating bearings. Its products are mainly used in automobiles, engineering machinery, agriculture and other.
Executives
Sun Zhi Hua Director
Chu Chen Jian Directors, executives
Cao Yin Chao Directors, executives
Wang Wei Jie Supervisors
Lu Zhong Quan Executives
Dai Hai Lin Executives
Zhu Yao Guang Supervisors

Zhejiang Changsheng Sliding Bearings Co Headlines

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