YeboYethu (JSE:YYLBEE) Retained Earnings : R-2,172.8 Mil (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is YeboYethu Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. YeboYethu's retained earnings for the quarter that ended in Sep. 2023 was R-2,172.8 Mil.

YeboYethu's quarterly retained earnings increased from Sep. 2022 (R-697.6 Mil) to Mar. 2023 (R-670.3 Mil) but then declined from Mar. 2023 (R-670.3 Mil) to Sep. 2023 (R-2,172.8 Mil).

YeboYethu's annual retained earnings increased from Mar. 2021 (R-910.5 Mil) to Mar. 2022 (R2,537.1 Mil) but then declined from Mar. 2022 (R2,537.1 Mil) to Mar. 2023 (R-670.3 Mil).

YeboYethu Retained Earnings Historical Data

The historical data trend for YeboYethu'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.

YeboYethu Retained Earnings Chart

YeboYethu Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

Get a 7-Day Free Trial

-2,742.23

-2,077.60

-910.54

2,537.11

-670.29

YeboYethu Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial												850.88	2,537.11	-697.60	-670.29	-2,172.81

YeboYethu 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.

YeboYethu (JSE:YYLBEE) 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.

YeboYethu (JSE:YYLBEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » YeboYethu Ltd (JSE:YYLBEE) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

082 Vodacom Boulevard, Vodacom Corporate Park, Midrand, Johannesburg, GT, ZAF, 1685

Website

https://www.yeboyethu.co.za

YeboYethu Ltd is a special purpose company formed for the purpose is to buy and hold Vodacom SA ordinary shares and Vodacom SA A shares for the benefit of shareholders. Vodacom SA is the largest mobile communications network operator in South Africa by a number of customers and revenue. The principal activities of the company are to carry on the business of acquiring and holding shares in Vodacom Group and receive and distribute dividends and other distributions received by it pursuant to its holding in Vodacom Group.

YeboYethu (JSE:YYLBEE) Headlines

No Headlines