China Gerui Advanced Materials Group Retained Earnings:
163.28M for Dec. 31, 2012China Gerui Advanced Materials Group Historical Retained Earnings Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 163.28M |
| Sept. 30, 2012 | 163.81M |
| June 30, 2012 | 161.43M |
| March 31, 2012 | 151.15M |
| Dec. 31, 2011 | 137.14M |
| Sept. 30, 2011 | 118.95M |
| June 30, 2011 | 97.56M |
| March 31, 2011 | 83.52M |
| Dec. 31, 2010 | 79.52M |
| Sept. 30, 2010 | 68.18M |
| June 30, 2010 | 56.04M |
| March 31, 2010 | 43.97M |
About Retained Earnings
The net income that remains after paying dividends. It is reported on the balance sheet as the cumulative sum of each year's retained earnings over the life of the business. Retained earnings can be used to pay debt and future dividends, or can be reinvested into business activities.
The "retained" refers to the earnings after paying out dividends. Companies with increasing retained earnings is good, because it means the company is staying consistently profitable. If a company has a yearly loss, this number is subtracted from retained earnings.
If a company's annual net income was 5 million, paid out 3 million in dividends, and had a retained earnings of 9 million, retained earnings at the end of 2012 would be 11 million (5-3+9). Similarly if next year the company paid no dividends but had a yearly net income loss of 5 million, retained earnings would be 6 million (11-5).
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CHOP Retained Earnings Benchmarks
| Companies | |
|---|---|
| Sutor Technology Group | 124.34M |
| SunCoke Energy | 120.90M |
| Insteel Industries | 84.45M |
CHOP Retained Earnings Rankings
| Overall |
79th percentile 1601 of 8002 |
| Sector |
74th percentile 125 of 496 in Basic Materials |
| Industry |
53rd percentile 14 of 30 in Steel |
CHOP Retained Earnings Range, Past 5 Years
| Minimum | 1.007M | Jun 2008 |
| Maximum | 163.81M | Sep 2012 |
| Average | 78.65M |
