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BNN Technology (LSE:BNN) Retained Earnings : £-59.70 Mil (As of Jun. 2017)


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What is BNN Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BNN Technology's retained earnings for the quarter that ended in Jun. 2017 was £-59.70 Mil.

BNN Technology's quarterly retained earnings declined from Jun. 2016 (£-35.38 Mil) to Dec. 2016 (£-45.35 Mil) and declined from Dec. 2016 (£-45.35 Mil) to Jun. 2017 (£-59.70 Mil).

BNN Technology's annual retained earnings declined from Dec. 2014 (£-17.47 Mil) to Dec. 2015 (£-29.94 Mil) and declined from Dec. 2015 (£-29.94 Mil) to Dec. 2016 (£-45.35 Mil).


BNN Technology Retained Earnings Historical Data

The historical data trend for BNN 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.

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BNN Technology Retained Earnings Chart

BNN Technology Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Retained Earnings
Get a 7-Day Free Trial -16.18 -23.06 -17.47 -29.94 -45.35

BNN Technology Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.77 -29.94 -35.38 -45.35 -59.70

BNN 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.


BNN Technology  (LSE:BNN) 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.


BNN Technology (LSE:BNN) Business Description

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BNN Technology PLC is a digital content and payment services company from China. The company provides software technology to its client for online payments and on mobile apps. It also engages in the development of digital content for both online and mobile. The organizational business is spread across over 10 provinces in China. BNN also has a joint venture with the Heilongjiang Provincial Sports Bureau (HSB) providing support services to all of HSB's commercial activities. The firm's digital business generates the majority of its revenues.

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