ZJK (ZJK Industrial Co) Retained Earnings : $18.64 Mil (As of Dec. 2023)

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What is ZJK Industrial Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ZJK Industrial Co's retained earnings for the quarter that ended in Dec. 2023 was $18.64 Mil.

ZJK Industrial Co's quarterly retained earnings increased from Dec. 2022 ($12.88 Mil) to Jun. 2023 ($15.50 Mil) and increased from Jun. 2023 ($15.50 Mil) to Dec. 2023 ($18.64 Mil).

ZJK Industrial Co's annual retained earnings increased from Dec. 2021 ($5.59 Mil) to Dec. 2022 ($12.88 Mil) and increased from Dec. 2022 ($12.88 Mil) to Dec. 2023 ($18.64 Mil).

ZJK Industrial Co Retained Earnings Historical Data

The historical data trend for ZJK Industrial 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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ZJK Industrial Co Retained Earnings Chart

ZJK Industrial Co Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

5.59

12.88

18.64

ZJK Industrial Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	5.59	-	12.88	15.50	18.64

ZJK Industrial 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.

ZJK Industrial Co (NAS:ZJK) 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.

ZJK Industrial Co Business Description

Industry

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Traded in Other Exchanges

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Address

No.8, Jingqiang Road, 138 Industrial Zone, Xiuxin Community, Kengzi Town, Pingshan New Area, Shenzhen, CHN, 518122

Website

https://www.zjk-industrial.com

ZJK Industrial Co Ltd is a high-tech enterprise specialized in the manufacturing and sale of precision fasteners, structural parts, and other precision metal parts products for new energy vehicles, circuit boards, data centers, liquid cooling systems for high-speed supercomputers widely applied in the artificial intelligence industry, and intelligent electronic equipment, such as mobile phones, smart watches, drones, and 5G communication base stations. Its products include various standard screws, nuts, bolts, turning parts, stamping parts, and Computer Numerical Control ("CNC") machining parts. The products are used in new energy vehicles, mobile phones, smart watches, drones, 5G communication base stations, circuit boards, liquid cooling systems, and other electronic equipment.

ZJK Industrial Co Headlines

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