Metro Land (SHSE:600683) Retained Earnings : ¥155 Mil (As of Mar. 2024)

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What is Metro Land Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Metro Land's retained earnings for the quarter that ended in Mar. 2024 was ¥155 Mil.

Metro Land's quarterly retained earnings declined from Sep. 2023 (¥1,135 Mil) to Dec. 2023 (¥312 Mil) and declined from Dec. 2023 (¥312 Mil) to Mar. 2024 (¥155 Mil).

Metro Land's annual retained earnings declined from Dec. 2021 (¥1,539 Mil) to Dec. 2022 (¥1,306 Mil) and declined from Dec. 2022 (¥1,306 Mil) to Dec. 2023 (¥312 Mil).

Metro Land Retained Earnings Historical Data

The historical data trend for Metro Land'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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Metro Land Retained Earnings Chart

Metro Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,219.81

1,627.48

1,538.72

1,306.39

311.83

Metro Land 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															1,349.86	1,319.65	1,134.76	311.83	155.45

Metro Land 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.

Metro Land (SHSE:600683) 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.

Metro Land (SHSE:600683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Metro Land Corp Ltd (SHSE:600683) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

No.2 Jianguomenwai Avenue Beijing Yintai Centre, Block C, 17th Floor, Chaoyang District, Beijing, CHN, 100022

Website

http://www.600683.com

Metro Land Corp Ltd is a real estate company.

Executives

Cheng Shao Liang	Director
Yang Da Yong	Director

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