Jollibee Foods (PHS:JFC) Retained Earnings : ₱23,342 Mil (As of Dec. 2023)

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What is Jollibee Foods Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jollibee Foods's retained earnings for the quarter that ended in Dec. 2023 was ₱23,342 Mil.

Jollibee Foods's quarterly retained earnings increased from Jun. 2023 (₱20,576 Mil) to Sep. 2023 (₱22,891 Mil) and increased from Sep. 2023 (₱22,891 Mil) to Dec. 2023 (₱23,342 Mil).

Jollibee Foods's annual retained earnings increased from Dec. 2021 (₱13,864 Mil) to Dec. 2022 (₱17,622 Mil) and increased from Dec. 2022 (₱17,622 Mil) to Dec. 2023 (₱23,342 Mil).

Jollibee Foods Retained Earnings Historical Data

The historical data trend for Jollibee Foods'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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Jollibee Foods Retained Earnings Chart

Jollibee Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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23,879.44

9,869.89

13,863.99

17,621.54

23,341.86

Jollibee Foods Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															17,621.54	19,564.57	20,576.50	22,890.89	23,341.86

Jollibee Foods 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.

Jollibee Foods (PHS:JFC) 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.

Jollibee Foods (PHS:JFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jollibee Foods Corp (PHS:JFC) » Definitions » Retained Earnings

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JBFCY:USA JBFCF:USA

Address

10 F. Ortigas Junior avenue, 10th Floor, Jollibee Plaza Building, Ortigas Centre, Pasig, PHL, 1605

Website

https://www.jollibee.com.ph

Jollibee Foods Corp is engaged in operating and franchising quick-service restaurants. The company has three business segments; The food service segment is involved in the operations of QSRs and the manufacture of food, products to be sold to JFC Group-owned and franchised QSR outlets, The franchising segment is involved in the franchising of the JFC Group's QSR store concepts, and The leasing segment leases store sites mainly to the JFC Group's independent franchisees. The group's geographical segments are based on the location of the assets producing revenues in the Philippines and in other locations which include PRC, USA, Canada, Vietnam, Singapore, Malaysia, Italy, UK, UAE, Hongkong, Macau, Brunei, Taiwan, and Australia.

Jollibee Foods (PHS:JFC) Headlines

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