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NanJi E-Commerce Co (SZSE:002127) Retained Earnings : ¥3,323 Mil (As of Sep. 2024)


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What is NanJi E-Commerce Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NanJi E-Commerce Co's retained earnings for the quarter that ended in Sep. 2024 was ¥3,323 Mil.

NanJi E-Commerce Co's quarterly retained earnings declined from Mar. 2024 (¥3,513 Mil) to Jun. 2024 (¥3,347 Mil) and declined from Jun. 2024 (¥3,347 Mil) to Sep. 2024 (¥3,323 Mil).

NanJi E-Commerce Co's annual retained earnings declined from Dec. 2021 (¥3,854 Mil) to Dec. 2022 (¥3,359 Mil) but then increased from Dec. 2022 (¥3,359 Mil) to Dec. 2023 (¥3,465 Mil).


NanJi E-Commerce Co Retained Earnings Historical Data

The historical data trend for NanJi E-Commerce 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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NanJi E-Commerce Co Retained Earnings Chart

NanJi E-Commerce Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,940.63 3,798.26 3,853.90 3,359.22 3,465.38

NanJi E-Commerce Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,442.37 3,465.38 3,513.12 3,346.90 3,323.22

NanJi E-Commerce 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.


NanJi E-Commerce Co  (SZSE:002127) 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.


NanJi E-Commerce Co Business Description

Traded in Other Exchanges
N/A
Address
No.99 Jiangwancheng Road, 7th Floor - 10th Floor, Building 3, The Springs Center, Yangpu District, Shanghai, CHN, 200438
NanJi E-Commerce Co Ltd is a marketing and advertising company. Its main business is brand integrated services, dealer brand authorization services, mobile Internet marketing business, and other businesses. It is also engaged in the e-commerce channels to build consumer goods giant with brand authorization and industry chain service. Its categories include bedding, menswear, womenswear, childrenswear, maternal and infant, healthy life, etc. The company operates in two segments that are NJBU business and NJBU business and Timelink business. The majority of the revenue is generated from the Timelink business which is engaged in the Internet advertising business. All of its revenue is generated from China.
Executives
Hu Xiang Huai Supervisors
Liu Rui Director
Lu Li Ning Supervisors
Zhang Yu Xiang Directors, executives
Sun Xiao Hua Director
Jiang Xue Ming Director
Liu Wei Te Director
Ren Jun Executives
Li Ke Jia Directors, executives
Yao Xiao Min Director

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