GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China CNR Corp Ltd (SHSE:601299) » Definitions » Retained Earnings

China CNR (SHSE:601299) Retained Earnings : ¥15,604 Mil (As of Mar. 2015)


View and export this data going back to . Start your Free Trial

What is China CNR Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. China CNR's retained earnings for the quarter that ended in Mar. 2015 was ¥15,604 Mil.

China CNR's quarterly retained earnings increased from Sep. 2014 (¥13,166 Mil) to Dec. 2014 (¥14,652 Mil) and increased from Dec. 2014 (¥14,652 Mil) to Mar. 2015 (¥15,604 Mil).

China CNR's annual retained earnings increased from Dec. 2012 (¥8,325 Mil) to Dec. 2013 (¥11,275 Mil) and increased from Dec. 2013 (¥11,275 Mil) to Dec. 2014 (¥14,652 Mil).


China CNR Retained Earnings Historical Data

The historical data trend for China CNR'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.

China CNR Retained Earnings Chart

China CNR Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Retained Earnings
Get a 7-Day Free Trial 3,103.94 5,562.33 8,324.96 11,275.18 14,651.90

China CNR Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 12,151.42 11,530.72 13,165.91 14,651.90 15,604.44

China CNR 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.


China CNR  (SHSE:601299) 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.


China CNR (SHSE:601299) Business Description

Traded in Other Exchanges
N/A
Address
China CNR Corp Ltd was founded in 1881. The Company is engaged in research and development, manufacturing, refurbishment, technology services and leasing of various products such as rolling stock, mechanical and electric equipment, environmental protection equipment and ancillary components. Its products include electric and diesel locomotives; high-speed trains; multiple units; metro cars; mass transit vehicles, such as trams and light rail vehicles; coaches; open-top, covered, hopper, flat, side dump, tank, and special wagons; and track machinery. The Company also offers rail components, such as motors and generators for locomotives, urban rail vehicles, oil drilling machines, mining machinery, metallurgical machinery, and wind-driven generators; and electric control equipment, locomotive components, vehicle components, castings, and forgings, among others.
Executives
Sun Yong Cai senior management
Zhao Guang Xing senior management
Liu Ke Xian Supervisors
Xi Guo Hua Director
Cui Dian Guo Director
Gao Zhi senior management
Xie Ji Long senior management
Lin Wan Li Director
Wang Yong Zhi senior management

China CNR (SHSE:601299) Headlines

No Headlines