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Hubei DOTI Micro Technology Co (SZSE:301183) Retained Earnings : ¥187.5 Mil (As of Jun. 2024)


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What is Hubei DOTI Micro Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hubei DOTI Micro Technology Co's retained earnings for the quarter that ended in Jun. 2024 was ¥187.5 Mil.

Hubei DOTI Micro Technology Co's quarterly retained earnings increased from Dec. 2023 (¥163.0 Mil) to Mar. 2024 (¥170.9 Mil) and increased from Mar. 2024 (¥170.9 Mil) to Jun. 2024 (¥187.5 Mil).

Hubei DOTI Micro Technology Co's annual retained earnings increased from Dec. 2021 (¥190.6 Mil) to Dec. 2022 (¥206.3 Mil) but then declined from Dec. 2022 (¥206.3 Mil) to Dec. 2023 (¥163.0 Mil).


Hubei DOTI Micro Technology Co Retained Earnings Historical Data

The historical data trend for Hubei DOTI Micro 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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Hubei DOTI Micro Technology Co Retained Earnings Chart

Hubei DOTI Micro Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 109.96 124.55 190.62 206.27 163.04

Hubei DOTI Micro Technology Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 187.37 180.94 163.04 170.91 187.48

Hubei DOTI Micro 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.


Hubei DOTI Micro Technology Co  (SZSE:301183) 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.


Hubei DOTI Micro Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 188, South Section of Changban Road, Yuquan Office, Hubei Province, Dangyang, CHN, 444100
Website
Hubei DOTI Micro Technology Co Ltd is engaged in research and development, production and sales of precision optoelectronic thin film components. The main products are camera filters and optical communication components, which can be widely used in consumer electronic products, vehicle cameras, security monitoring equipment, optical communication signal transmission, data centers and other application terminal fields.

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