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Yunnan Aluminium Co (SZSE:000807) Retained Earnings : ¥12,031 Mil (As of Mar. 2024)


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What is Yunnan Aluminium Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Yunnan Aluminium Co's retained earnings for the quarter that ended in Mar. 2024 was ¥12,031 Mil.

Yunnan Aluminium Co's quarterly retained earnings increased from Sep. 2023 (¥9,482 Mil) to Dec. 2023 (¥10,867 Mil) and increased from Dec. 2023 (¥10,867 Mil) to Mar. 2024 (¥12,031 Mil).

Yunnan Aluminium Co's annual retained earnings increased from Dec. 2021 (¥3,509 Mil) to Dec. 2022 (¥7,534 Mil) and increased from Dec. 2022 (¥7,534 Mil) to Dec. 2023 (¥10,867 Mil).


Yunnan Aluminium Co Retained Earnings Historical Data

The historical data trend for Yunnan Aluminium 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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Yunnan Aluminium Co Retained Earnings Chart

Yunnan Aluminium 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 -604.04 298.52 3,509.08 7,533.75 10,867.08

Yunnan Aluminium 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 8,419.11 8,491.56 9,481.59 10,867.08 12,030.71

Yunnan Aluminium 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.


Yunnan Aluminium Co  (SZSE:000807) 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.


Yunnan Aluminium Co (SZSE:000807) Business Description

Traded in Other Exchanges
N/A
Address
Zhoucheng Street, Yunnan, Yangzonghai, Kunming, CHN, 650502
Yunnan Aluminium Co Ltd is the practitioners of the development of green low-carbon hydropower aluminum in China. Companies business unit contains Aluminium foil, Aluminium strip, Electrician round aluminum rod, Cast aluminum alloy, Aluminium Ingot, Carbon for aluminum, alumina, Logistic hub and Equipment manufacturing base.
Executives
Luo Ling Zhi Supervisors
Zhang Zheng Ji Directors, executives
Ding Ji Lin Directors, executives
Yang Ye Wei Executives
Ning Ping Independent director
Yao Bin Supervisors
Zhang Chun Sheng Directors, executives
Hao Hong Jie Director
Yin Chun Hong Executives
He Yue Gui Executives
Jiao Yun Directors, executives
Wang Lin Supervisors
Ma Yun Biao Executives
Hua Yi Xin Independent director
Hu Lie Qu Independent director

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