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AECC Aviation Power Co (SHSE:600893) Retained Earnings : ¥9,026 Mil (As of Mar. 2024)


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What is AECC Aviation Power Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AECC Aviation Power Co's retained earnings for the quarter that ended in Mar. 2024 was ¥9,026 Mil.

AECC Aviation Power Co's quarterly retained earnings increased from Sep. 2023 (¥8,541 Mil) to Dec. 2023 (¥8,872 Mil) and increased from Dec. 2023 (¥8,872 Mil) to Mar. 2024 (¥9,026 Mil).

AECC Aviation Power Co's annual retained earnings increased from Dec. 2021 (¥7,034 Mil) to Dec. 2022 (¥7,893 Mil) and increased from Dec. 2022 (¥7,893 Mil) to Dec. 2023 (¥8,872 Mil).


AECC Aviation Power Co Retained Earnings Historical Data

The historical data trend for AECC Aviation Power 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.

AECC Aviation Power Co Retained Earnings Chart

AECC Aviation Power 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 5,496.11 6,254.21 7,034.23 7,892.84 8,871.50

AECC Aviation Power 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 7,985.82 8,235.67 8,541.35 8,871.50 9,026.36

AECC Aviation Power 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.


AECC Aviation Power Co  (SHSE:600893) 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.


AECC Aviation Power Co (SHSE:600893) Business Description

Traded in Other Exchanges
N/A
Address
Fengcheng Road, Weiyang District, Shaanxi Province, Xi'an, CHN, 710021
AECC Aviation Power Co Ltd is a China-based manufacturer of aeronautical engines. It engaged in the design, development, production, maintenance, marketing and after-sales service of military aircraft and civil aircraft power devices, second power devices, gas turbines, helicopter transmission systems, and aero-engine technology derivative products; customers involved in aviation, aerospace, ships, weapons, Energy and airspace and other fields. The company designs and produces products such as turbojets, turbofans, turboshafts, turboprops, and pistons, such as aero engines, gas turbines, and helicopter transmission systems.
Executives
Lei Wei Long Director
Shu Wei senior management
Xu Guang Jing senior management
Pang Wei Director
Zhao Yue senior management
Shi Jing Ming Supervisors
Ning Fu Shun Director
Mu Ya Shi senior management

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