COL Group Co (SZSE:300364) Retained Earnings : ¥-2,009 Mil (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is COL Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. COL Group Co's retained earnings for the quarter that ended in Mar. 2024 was ¥-2,009 Mil.

COL Group Co's quarterly retained earnings increased from Sep. 2023 (¥-2,028 Mil) to Dec. 2023 (¥-1,941 Mil) but then declined from Dec. 2023 (¥-1,941 Mil) to Mar. 2024 (¥-2,009 Mil).

COL Group Co's annual retained earnings declined from Dec. 2021 (¥-1,668 Mil) to Dec. 2022 (¥-2,030 Mil) but then increased from Dec. 2022 (¥-2,030 Mil) to Dec. 2023 (¥-1,941 Mil).

COL Group Co Retained Earnings Historical Data

The historical data trend for COL Group 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.

* Premium members only.

COL Group Co Retained Earnings Chart

COL Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-1,815.99

-1,767.07

-1,668.28

-2,030.46

-1,941.02

COL Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-2,067.52	-2,067.52	-2,028.03	-1,941.02	-2,009.48

COL Group 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.

COL Group Co (SZSE:300364) 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.

COL Group Co (SZSE:300364) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » COL Group Co Ltd (SZSE:300364) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28 Andingmen East Street, No. 608, 6th Floor, Building 2, Dongcheng District, Beijing, CHN, 100007

Website

https://www.en.col.com

COL Group Co Ltd is a digital content provider in China. It has presented two development strategies Literature+ and Education+. The company has over 70 million users of its own and over 600 million cooperation users. Its one of the project includes Digital Library in Primary and Secondary Schools which covers more than 50000 primary and secondary schools and around 2000 colleges and university.

Executives

Xie Guang Cai	Directors, executives
Zhang Fan	Director
Wang Jing Jing	Secretary Dong
Yang Rui Zhi	Executives
Zhang Wei Li	Executives
Tong Zhi Lei	Directors, executives
Chen Fang	Supervisors
Song Jie	Executives
Cui Wei	Executives
Lu Feng	Executives
Qu Yuan Jian	Securities Affairs Representative

COL Group Co (SZSE:300364) Headlines

No Headlines