GURUFOCUS.COM » STOCK LIST » Technology » Software » Glory View Technology Co Ltd (SZSE:301396) » Definitions » Retained Earnings

Glory View Technology Co (SZSE:301396) Retained Earnings : ¥172 Mil (As of Mar. 2025)


View and export this data going back to 2022. Start your Free Trial

What is Glory View Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Glory View Technology Co's retained earnings for the quarter that ended in Mar. 2025 was ¥172 Mil.

Glory View Technology Co's quarterly retained earnings declined from Sep. 2024 (¥195 Mil) to Dec. 2024 (¥150 Mil) but then increased from Dec. 2024 (¥150 Mil) to Mar. 2025 (¥172 Mil).

Glory View Technology Co's annual retained earnings increased from Dec. 2022 (¥233 Mil) to Dec. 2023 (¥242 Mil) but then declined from Dec. 2023 (¥242 Mil) to Dec. 2024 (¥150 Mil).


Glory View Technology Co Retained Earnings Historical Data

The historical data trend for Glory View 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.

Glory View Technology Co Retained Earnings Chart

Glory View Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.94 178.58 233.48 242.34 150.20

Glory View Technology Co Quarterly Data
Jun17 Dec18 Dec19 Dec20 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 233.09 216.26 195.08 150.20 171.85

Glory View 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.


Glory View Technology Co  (SZSE:301396) 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.


Glory View Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 162, Science Avenue, Units 701 and 702, 7th Floor, District B2, Guangzhou High-tech Industrial Development Zone, Guangdong Province, Guangzhou, CHN, 510663
Glory View Technology Co Ltd is engaged in providing smart city solutions including smart medical care, smart education, smart community, smart buildings, smart government affairs, and smart parks in the three major areas of smart people's livelihood, urban comprehensive management, and smart parks.

Glory View Technology Co Headlines

No Headlines