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Citychamp Dartong Co (SHSE:600067) Retained Earnings : ¥3,619 Mil (As of Mar. 2024)


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What is Citychamp Dartong Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Citychamp Dartong Co's retained earnings for the quarter that ended in Mar. 2024 was ¥3,619 Mil.

Citychamp Dartong Co's quarterly retained earnings declined from Sep. 2023 (¥3,928 Mil) to Dec. 2023 (¥3,601 Mil) but then increased from Dec. 2023 (¥3,601 Mil) to Mar. 2024 (¥3,619 Mil).

Citychamp Dartong Co's annual retained earnings increased from Dec. 2021 (¥4,048 Mil) to Dec. 2022 (¥4,067 Mil) but then declined from Dec. 2022 (¥4,067 Mil) to Dec. 2023 (¥3,601 Mil).


Citychamp Dartong Co Retained Earnings Historical Data

The historical data trend for Citychamp Dartong 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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Citychamp Dartong Co Retained Earnings Chart

Citychamp Dartong Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,856.56 5,144.48 4,047.61 4,067.36 3,600.82

Citychamp Dartong Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 4,056.18 4,001.95 3,928.09 3,600.82 3,619.49

Citychamp Dartong 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.


Citychamp Dartong Co  (SHSE:600067) 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.


Citychamp Dartong Co (SHSE:600067) Business Description

Traded in Other Exchanges
N/A
Address
No. 32 Wuyi Middle Road, Yuanhong Tower, 26F, Gulou District, Fuzhou, Fujian, CHN, 350005
Citychamp Dartong Co Ltd operates in the real estate industry and enameled wire business. The products of the real estate industry involve residential and office buildings like garden houses, villas, and integrated commercial and urban complexes. The products of enameled wire business are used in energy information industry, aerospace, rail transit, and wind power.
Executives
He Zhu Yun Supervisors
Han Guo Jian senior management
Li Chun senior management
Lin Si Yu senior management
Liu Hua Director
Xiao Lin Shou senior management
Shang Jian Guang Director

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