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Winall Hi-tech Seed Co (SZSE:300087) Retained Earnings : ¥804 Mil (As of Mar. 2024)


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What is Winall Hi-tech Seed Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Winall Hi-tech Seed Co's retained earnings for the quarter that ended in Mar. 2024 was ¥804 Mil.

Winall Hi-tech Seed Co's quarterly retained earnings increased from Sep. 2023 (¥542 Mil) to Dec. 2023 (¥786 Mil) and increased from Dec. 2023 (¥786 Mil) to Mar. 2024 (¥804 Mil).

Winall Hi-tech Seed Co's annual retained earnings increased from Dec. 2021 (¥419 Mil) to Dec. 2022 (¥599 Mil) and increased from Dec. 2022 (¥599 Mil) to Dec. 2023 (¥786 Mil).


Winall Hi-tech Seed Co Retained Earnings Historical Data

The historical data trend for Winall Hi-tech Seed 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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Winall Hi-tech Seed Co Retained Earnings Chart

Winall Hi-tech Seed 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 195.33 300.30 418.93 598.67 786.42

Winall Hi-tech Seed 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 629.99 570.46 541.68 786.42 804.16

Winall Hi-tech Seed 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.


Winall Hi-tech Seed Co  (SZSE:300087) 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.


Winall Hi-tech Seed Co (SZSE:300087) Business Description

Traded in Other Exchanges
N/A
Address
Tian Chi Road, Hefei High-tech Industrial Development Zone No 3, Hefei, CHN, 230088
Winall Hi-tech Seed Co Ltd is a seed company. It is engaged in the breeding of various crop seeds in China. The company produces hybrid rice varieties from double cropping; and three-line two-line hybrid rice varieties, as well as corn, wheat, cottonseed oil, vegetables, west melon, pumpkin, and other crop seeds.
Executives
Zhang Qin Directors, executives
Jiang San Qiao Executives
Zhang Cong He Executives
Zhu Quan Gui Executives
Gao Sheng Cong Executives
Jia Gui Lan Director
Chen Jin Jie Director
Wang Jin Directors, executives
Feng Qi Supervisors
Xu Wen Jian Director
Gao Jian Director
Wang Qun Executives
Li Cheng Quan Director
Jiang Xiao Min Supervisors

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