Li Ning Co (Li Ning Co) Retained Earnings : $1,822 Mil (As of Dec. 2023)

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What is Li Ning Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Li Ning Co's retained earnings for the quarter that ended in Dec. 2023 was $1,822 Mil.

Li Ning Co's quarterly retained earnings increased from Dec. 2022 ($1,563 Mil) to Jun. 2023 ($1,818 Mil) and increased from Jun. 2023 ($1,818 Mil) to Dec. 2023 ($1,822 Mil).

Li Ning Co's annual retained earnings increased from Dec. 2021 ($1,102 Mil) to Dec. 2022 ($1,563 Mil) and increased from Dec. 2022 ($1,563 Mil) to Dec. 2023 ($1,822 Mil).

Li Ning Co Retained Earnings Historical Data

The historical data trend for Li Ning 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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Li Ning Co Retained Earnings Chart

Li Ning Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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353.98

565.08

1,102.41

1,563.01

1,822.20

Li Ning Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															1,102.41	1,197.30	1,563.01	1,817.81	1,822.20

Li Ning 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.

Li Ning Co (OTCPK:LNNGY) 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.

Li Ning Co (Li Ning Co) Business Description

Industry

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LNNGF:USA 02331:Hong Kong LNLB:Germany

Address

No. 8 Xing Guang 5th Street, Opto-Mechatronics Industrial Park, Zhongguancun Science and Technology Area, Tongzhou District, Beijing, CHN, 101111

Website

https://www.lining.com

Established in 1989, Li Ning is one of the largest sportswear companies in China. Headquartered in Beijing, Li Ning mainly sells professional and leisure footwear and apparel under the Li Ning brand. Despite having a single-brand strategy, Li Ning launched multiple sub-brands (such as China Li Ning and Li Ning 1990) to appeal to different demographics. As of the end of 2021, the company had 7,137 stores in China, of which 1,232 were directly operated, and 5,905 were franchised.

Li Ning Co (Li Ning Co) Headlines

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Matthews China Fund Comments on Li Ning Co Ltd

By Vera Yuan Vera Yuan • 10-20-2014