GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Dahao Technology Corp Ltd (SHSE:603025) » Definitions » Retained Earnings

Beijing Dahao Technology (SHSE:603025) Retained Earnings : ¥759 Mil (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Beijing Dahao Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Beijing Dahao Technology's retained earnings for the quarter that ended in Sep. 2024 was ¥759 Mil.

Beijing Dahao Technology's quarterly retained earnings declined from Mar. 2024 (¥748 Mil) to Jun. 2024 (¥588 Mil) but then increased from Jun. 2024 (¥588 Mil) to Sep. 2024 (¥759 Mil).

Beijing Dahao Technology's annual retained earnings increased from Dec. 2021 (¥576 Mil) to Dec. 2022 (¥600 Mil) but then declined from Dec. 2022 (¥600 Mil) to Dec. 2023 (¥599 Mil).


Beijing Dahao Technology Retained Earnings Historical Data

The historical data trend for Beijing Dahao Technology'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.

* Premium members only.

Beijing Dahao Technology Retained Earnings Chart

Beijing Dahao Technology 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 468.25 456.17 575.56 599.85 599.22

Beijing Dahao Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 521.43 599.22 747.59 587.92 758.61

Beijing Dahao Technology 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 Dahao Technology  (SHSE:603025) 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 Dahao Technology Business Description

Traded in Other Exchanges
N/A
Address
M7 Building, No.1 Jiu Xian Qiao East Road, Chaoyang District, Beijing, CHN, 100015
Beijing Dahao Technology Corp Ltd is a China-based company engages in the research, production, and sale of various computerized control systems for sewing and knitting machines. Its products are mainly used in embroidery machines, sewing machine control systems, and flat-knitting machine control systems. The company mainly operates its business in East China, South China, Central China and North China.
Executives
Wu Hai Hong Director
Zhao Yu Ling Director
Sun Xue Li Director
Tan Qing Director
Zheng Jian Jun Director

Beijing Dahao Technology Headlines

No Headlines