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Postalvings Bank Of China Co (Postalvings Bank Of China Co) Retained Earnings : $37,535 Mil (As of Mar. 2024)


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What is Postalvings Bank Of China Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Postalvings Bank Of China Co's retained earnings for the quarter that ended in Mar. 2024 was $37,535 Mil.

Postalvings Bank Of China Co's quarterly retained earnings declined from Sep. 2023 ($36,976 Mil) to Dec. 2023 ($34,916 Mil) but then increased from Dec. 2023 ($34,916 Mil) to Mar. 2024 ($37,535 Mil).

Postalvings Bank Of China Co's annual retained earnings increased from Dec. 2021 ($31,219 Mil) to Dec. 2022 ($32,301 Mil) and increased from Dec. 2022 ($32,301 Mil) to Dec. 2023 ($34,916 Mil).


Postalvings Bank Of China Co Retained Earnings Historical Data

The historical data trend for Postalvings Bank Of China 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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Postalvings Bank Of China Co Retained Earnings Chart

Postalvings Bank Of China Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 22,446.21 27,613.35 31,218.50 32,301.45 34,915.55

Postalvings Bank Of China Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 - 34,043.34 36,976.12 34,915.55 37,534.54

Postalvings Bank Of China 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.


Postalvings Bank Of China Co  (OTCPK:PSBKF) 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.


Postalvings Bank Of China Co (Postalvings Bank Of China Co) Business Description

Address
248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wan Chai, Hong Kong, HKG
Postal Savings Bank of China is headquartered in Beijing. The bank is the fifth-largest commercial bank in China by deposits. The bank was established in 2007 as the postal savings and remittance business of its parent, China Post Group. The bank completed its joint-stock reform in 2012. The bank got listed on Hong Kong and Shanghai stock exchanges in 2016 and 2019 respectively. It boasts over 500 million individual customers and more than 40,000 outlets, which are among the largest customer bases and distribution networks in China.

Postalvings Bank Of China Co (Postalvings Bank Of China Co) Headlines

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