China Yongda Automobiles Services Holdings (HKSE:03669) Retained Earnings

: HK$11,713 Mil (As of Dec. 2022)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. China Yongda Automobiles Services Holdings's retained earnings for the quarter that ended in Dec. 2022 was HK$11,713 Mil.

China Yongda Automobiles Services Holdings's quarterly retained earnings declined from Dec. 2021 (HK$11,790 Mil) to Jun. 2022 (HK$0 Mil) but then increased from Jun. 2022 (HK$0 Mil) to Dec. 2022 (HK$11,713 Mil).

China Yongda Automobiles Services Holdings's annual retained earnings increased from Dec. 2020 (HK$0 Mil) to Dec. 2021 (HK$11,790 Mil) but then declined from Dec. 2021 (HK$11,790 Mil) to Dec. 2022 (HK$11,713 Mil).

China Yongda Automobiles Services Holdings Retained Earnings Historical Data

The historical data trend for China Yongda Automobiles Services Holdings'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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China Yongda Automobiles Services Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

11,790.12

11,713.46

China Yongda Automobiles Services Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Retained Earnings																-	-	11,790.12	-	11,713.46

China Yongda Automobiles Services Holdings 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.

China Yongda Automobiles Services Holdings (HKSE:03669) 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.

China Yongda Automobiles Services Holdings (HKSE:03669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Yongda Automobiles Services Holdings Ltd (HKSE:03669) » Definitions » Retained Earnings

Traded in Other Exchanges

CYYHF:USA 1CY:Germany

Address

299 Ruijin Nan Road, Huangpu District, Shanghai, CHN, 200023

Website

http://www.ydauto.com.cn

China Yongda Automobiles Services Holdings is a Chinese company involved in automobile sales service, automobile finance, and automobile rental. The company has four segments: new passenger vehicle sales, repair and maintenance services, automobile extension products and services, automobile finance and insurance product agency services, pre-owned vehicles, automobile rental services, and financial leasing and small loan services. The auto sales service sells luxury automobiles like Bentley, BMW, Audi, Lincoln, Infiniti, Porsche, Jaguar Land Rover, AstonMartin, and Cadillac.

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