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Suzhou Wanxiang Technology Co (SZSE:301180) Retained Earnings : ¥442 Mil (As of Sep. 2024)


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What is Suzhou Wanxiang Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Suzhou Wanxiang Technology Co's retained earnings for the quarter that ended in Sep. 2024 was ¥442 Mil.

Suzhou Wanxiang Technology Co's quarterly retained earnings increased from Mar. 2024 (¥430 Mil) to Jun. 2024 (¥434 Mil) and increased from Jun. 2024 (¥434 Mil) to Sep. 2024 (¥442 Mil).

Suzhou Wanxiang Technology Co's annual retained earnings increased from Dec. 2021 (¥287 Mil) to Dec. 2022 (¥432 Mil) but then declined from Dec. 2022 (¥432 Mil) to Dec. 2023 (¥430 Mil).


Suzhou Wanxiang Technology Co Retained Earnings Historical Data

The historical data trend for Suzhou Wanxiang 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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Suzhou Wanxiang Technology Co Retained Earnings Chart

Suzhou Wanxiang Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 24.25 130.70 287.14 431.93 430.28

Suzhou Wanxiang Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 444.56 430.28 430.45 434.31 441.79

Suzhou Wanxiang 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.


Suzhou Wanxiang Technology Co  (SZSE:301180) 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.


Suzhou Wanxiang Technology Co Business Description

Traded in Other Exchanges
N/A
Address
1688 Songjia Road, Wuzhong Economic Development Zone, Jiangsu Province, Suzhou, CHN, 215000
Suzhou Wanxiang Technology Co Ltd is china China-based company. The company focuses on the two major fields of consumer electronics and new energy power/energy storage and carries out business layout around the lithium battery industry chain, mainly engaged in the research and development, production, and sales of consumer electronics precision components and power/energy storage battery precision components.

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