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Anshan Senyuan Road & Bridge Co (SZSE:300210) Retained Earnings : ¥-299.2 Mil (As of Mar. 2024)


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What is Anshan Senyuan Road & Bridge Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Anshan Senyuan Road & Bridge Co's retained earnings for the quarter that ended in Mar. 2024 was ¥-299.2 Mil.

Anshan Senyuan Road & Bridge Co's quarterly retained earnings declined from Sep. 2023 (¥-203.9 Mil) to Dec. 2023 (¥-283.1 Mil) and declined from Dec. 2023 (¥-283.1 Mil) to Mar. 2024 (¥-299.2 Mil).

Anshan Senyuan Road & Bridge Co's annual retained earnings declined from Dec. 2021 (¥76.4 Mil) to Dec. 2022 (¥-168.5 Mil) and declined from Dec. 2022 (¥-168.5 Mil) to Dec. 2023 (¥-283.1 Mil).


Anshan Senyuan Road & Bridge Co Retained Earnings Historical Data

The historical data trend for Anshan Senyuan Road & Bridge 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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Anshan Senyuan Road & Bridge Co Retained Earnings Chart

Anshan Senyuan Road & Bridge 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 147.09 259.68 76.38 -168.47 -283.14

Anshan Senyuan Road & Bridge 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 -160.85 -191.40 -203.93 -283.14 -299.17

Anshan Senyuan Road & Bridge 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.


Anshan Senyuan Road & Bridge Co  (SZSE:300210) 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.


Anshan Senyuan Road & Bridge Co (SZSE:300210) Business Description

Traded in Other Exchanges
N/A
Address
No 281 Anqian Road, New District, Liaoning Province, Anshan, CHN, 114051
Anshan Senyuan Road & Bridge Co Ltd is engaged in road maintenance, research and development of new technologies, and development, production, and sales of new road maintenance equipment. The products of the company include grouting equipment, municipal sanitation, and large in situ recycling.
Executives
Han Wen Tao Executives
Zhao Yan Hong Executives
Xue Ping Supervisors
Sun Bin Wu Directors, executives
Xiang Xin Bo Director
Qi Guang Tian Director
Zhang Xiu Jie Supervisors
Hao Jie Supervisors
Wang En Yi Director
Yang Jin Song Executives
Qi Wei Jiang Director
Ding Ming Director
Guo Song Sen Directors, executives

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