Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Retained Earnings : $94.64 Mil (As of Dec. 2023)

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What is Meihua International Medical Technologies Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Meihua International Medical Technologies Co's retained earnings for the quarter that ended in Dec. 2023 was $94.64 Mil.

Meihua International Medical Technologies Co's quarterly retained earnings increased from Dec. 2022 ($83.33 Mil) to Jun. 2023 ($90.39 Mil) and increased from Jun. 2023 ($90.39 Mil) to Dec. 2023 ($94.64 Mil).

Meihua International Medical Technologies Co's annual retained earnings increased from Dec. 2021 ($77.58 Mil) to Dec. 2022 ($83.33 Mil) and increased from Dec. 2022 ($83.33 Mil) to Dec. 2023 ($94.64 Mil).

Meihua International Medical Technologies Co Retained Earnings Historical Data

The historical data trend for Meihua International Medical Technologies 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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Meihua International Medical Technologies Co Retained Earnings Chart

Meihua International Medical Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

39.45

56.63

77.58

83.33

94.64

Meihua International Medical Technologies Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial				77.58	84.13	83.33	90.39	94.64

Meihua International Medical Technologies 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.

Meihua International Medical Technologies Co (NAS:MHUA) 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.

Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Meihua International Medical Technologies Co Ltd (NAS:MHUA) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

88 Tongda Road, Touqiao Town, Guangling District, Yangzhou, CHN, 225000

Website

http://www.meihuamed.com

Meihua International Medical Technologies Co Ltd is engaged in providing disposable medical devices. It serves hospitals, pharmacies, medical institutions, and medical equipment companies. Its product offerings include a Disposable Medical mask, Disposable ID Bracelet, Disposable Artificial Anal bag, Disposable Catheter, and Electonic pump among others.