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TCTM Kids IT Education (TCTM Kids IT Education) Retained Earnings : $-346.2 Mil (As of Jun. 2023)


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What is TCTM Kids IT Education Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TCTM Kids IT Education's retained earnings for the quarter that ended in Jun. 2023 was $-346.2 Mil.

TCTM Kids IT Education's quarterly retained earnings declined from Dec. 2022 ($-349.5 Mil) to Mar. 2023 ($-360.9 Mil) but then increased from Mar. 2023 ($-360.9 Mil) to Jun. 2023 ($-346.2 Mil).

TCTM Kids IT Education's annual retained earnings increased from Dec. 2021 ($-395.7 Mil) to Dec. 2022 ($-349.5 Mil) and increased from Dec. 2022 ($-349.5 Mil) to Dec. 2023 ($-340.0 Mil).


TCTM Kids IT Education Retained Earnings Historical Data

The historical data trend for TCTM Kids IT Education'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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TCTM Kids IT Education Retained Earnings Chart

TCTM Kids IT Education 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 -182.39 -312.86 -395.72 -349.54 -340.05

TCTM Kids IT Education Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 -344.53 -349.54 -360.93 -346.25 -340.05

TCTM Kids IT Education 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.


TCTM Kids IT Education  (NAS:TCTM) 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.


TCTM Kids IT Education (TCTM Kids IT Education) Business Description

Traded in Other Exchanges
Address
No. 1 Andingmenwai Street, 6th Floor, Litchi Tower, Chaoyang District, Beijing, CHN, 100011
Tarena International Inc is engaged in providing professional education services including professional information technology (IT) training courses and non-IT training courses. It offers K-12 education services in China. The company operates in two reportable segments namely IT Professional Education and IT-focused Supplementary STEAM Education Services. The majority of the revenue is generated from the IT-focused Supplementary STEAM Education Services segment. The service provides by the company includes featuring course content, examinations, student and teaching staff interaction tools, student management tools, and an online student community. For adult students, Their education platform combines live distance instruction, classroom-based tutoring, and online learning modules.