GURUFOCUS.COM » STOCK LIST » Technology » Software » Tansun Technology Co Ltd (SZSE:300872) » Definitions » Retained Earnings

Tansun Technology Co (SZSE:300872) Retained Earnings : ¥731 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Tansun Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tansun Technology Co's retained earnings for the quarter that ended in Mar. 2024 was ¥731 Mil.

Tansun Technology Co's quarterly retained earnings increased from Sep. 2023 (¥591 Mil) to Dec. 2023 (¥640 Mil) and increased from Dec. 2023 (¥640 Mil) to Mar. 2024 (¥731 Mil).

Tansun Technology Co's annual retained earnings increased from Dec. 2021 (¥464 Mil) to Dec. 2022 (¥500 Mil) and increased from Dec. 2022 (¥500 Mil) to Dec. 2023 (¥640 Mil).


Tansun Technology Co Retained Earnings Historical Data

The historical data trend for Tansun 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.

* Premium members only.

Tansun Technology Co Retained Earnings Chart

Tansun Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 296.14 416.73 464.24 500.09 639.61

Tansun Technology 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 560.64 552.38 591.33 639.61 730.63

Tansun 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.


Tansun Technology Co  (SZSE:300872) 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.


Tansun Technology Co (SZSE:300872) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Linqionggang East 1st Road, Room 608, Block A, Tibet Xixin Trading Co., Ltd, Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, Lhasa, CHN, 850000
Tansun Technology Co Ltd is engaged in independent research and development of core technologies and products, focusing on customer assets (credit, transaction banking and supply chain finance), risk management, core business systems. The company is focused on providing long-term IT solutions and services for financial industry customers, including central banks, political banks, state-owned banks, joint-stock banks, local commercial banks, and non-banking financial institutions. Its services include consulting and testing services.

Tansun Technology Co (SZSE:300872) Headlines

No Headlines