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Beijing Dabeinong Technology Group Co (SZSE:002385) Retained Earnings : ¥2,151 Mil (As of Mar. 2024)


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What is Beijing Dabeinong Technology Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Beijing Dabeinong Technology Group Co's retained earnings for the quarter that ended in Mar. 2024 was ¥2,151 Mil.

Beijing Dabeinong Technology Group Co's quarterly retained earnings declined from Sep. 2023 (¥3,820 Mil) to Dec. 2023 (¥2,353 Mil) and declined from Dec. 2023 (¥2,353 Mil) to Mar. 2024 (¥2,151 Mil).

Beijing Dabeinong Technology Group Co's annual retained earnings increased from Dec. 2021 (¥4,906 Mil) to Dec. 2022 (¥4,936 Mil) but then declined from Dec. 2022 (¥4,936 Mil) to Dec. 2023 (¥2,353 Mil).


Beijing Dabeinong Technology Group Co Retained Earnings Historical Data

The historical data trend for Beijing Dabeinong Technology Group 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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Beijing Dabeinong Technology Group Co Retained Earnings Chart

Beijing Dabeinong Technology Group 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 4,706.06 5,617.51 4,906.39 4,935.65 2,352.82

Beijing Dabeinong Technology Group 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 4,633.67 3,954.72 3,820.36 2,352.82 2,151.28

Beijing Dabeinong Technology Group 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.


Beijing Dabeinong Technology Group Co  (SZSE:002385) 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.


Beijing Dabeinong Technology Group Co (SZSE:002385) Business Description

Traded in Other Exchanges
N/A
Address
Zhongguancun Street, 14th Floor, Zhongguancun Building, Number 27, Haidian, Beijing, CHN, 100080
Beijing Dabeinong Technology Group Co Ltd is a China-based company producing and distributing feed and seed products, animal health products, and plant protection products among others.
Executives
Zhang Li Zhong Director
Shao Gen Huo Director
Chen Zhong Heng Directors, executives
Tan Song Lin Supervisors
Zhou Ye Jun Directors, executives
Feng Yu Jun Independent director
Zhang Jie Supervisors
Lin Sun Xiong Executives
Xue Su Wen Director
Wu Wen Executives
Zhu Lin Supervisors
Qiu Yu Wen Director
Song Wei Ping Executives
Wang Ping Supervisors
Zhen Guo Zhen Director

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