C&S Paper Co (SZSE:002511) Retained Earnings : ¥3,762 Mil (As of Mar. 2024)

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What is C&S Paper Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. C&S Paper Co's retained earnings for the quarter that ended in Mar. 2024 was ¥3,762 Mil.

C&S Paper Co's quarterly retained earnings increased from Sep. 2023 (¥3,532 Mil) to Dec. 2023 (¥3,667 Mil) and increased from Dec. 2023 (¥3,667 Mil) to Mar. 2024 (¥3,762 Mil).

C&S Paper Co's annual retained earnings increased from Dec. 2021 (¥3,266 Mil) to Dec. 2022 (¥3,448 Mil) and increased from Dec. 2022 (¥3,448 Mil) to Dec. 2023 (¥3,667 Mil).

C&S Paper Co Retained Earnings Historical Data

The historical data trend for C&S Paper 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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C&S Paper Co Retained Earnings Chart

C&S Paper Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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2,058.97

2,858.66

3,265.61

3,448.18

3,666.63

C&S Paper 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															3,537.62	3,451.47	3,532.41	3,666.63	3,762.08

C&S Paper 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.

C&S Paper Co (SZSE:002511) 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.

C&S Paper Co (SZSE:002511) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » C&S Paper Co Ltd (SZSE:002511) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

No. 136, Caihong Avenue, West District, Zhongshan, CHN, 528401

Website

http://www.zhongshungroup.com

C&S Paper Co Ltd manufactures and distributes household paper products. The company produces paper handkerchief, facial tissue, and cooking paper products.

Executives

Deng Guan Biao	Director
Deng Guan Jie	Director
Liu Jin Feng	Directors, executives
Chen Hai Yuan	Supervisors
Li Zhao Jin	Executives
Liu Peng	Directors, executives
Deng Wen Xi	Executives
Li You Quan	Supervisors
Yue Yong	Directors, executives
Zhou Qi Chao	Directors, executives
Deng Ying Zhong	Director
Dai Zhen Ji	Directors, executives
Dong Ye	Executives
Huang Zhang Heng	Supervisors
Zhang Yang	Directors, executives

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