GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vipshop Holdings Ltd (NYSE:VIPS) » Definitions » Retained Earnings

Vipshop Holdings (Vipshop Holdings) Retained Earnings

: $4,643 Mil (As of Sep. 2023)
View and export this data going back to 2012. Start your Free Trial

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vipshop Holdings's retained earnings for the quarter that ended in Sep. 2023 was $4,643 Mil.

Vipshop Holdings's quarterly retained earnings increased from Mar. 2023 ($4,438 Mil) to Jun. 2023 ($4,563 Mil) and increased from Jun. 2023 ($4,563 Mil) to Sep. 2023 ($4,643 Mil).

Vipshop Holdings's annual retained earnings increased from Dec. 2020 ($2,713 Mil) to Dec. 2021 ($3,520 Mil) and increased from Dec. 2021 ($3,520 Mil) to Dec. 2022 ($4,120 Mil).


Vipshop Holdings Retained Earnings Historical Data

The historical data trend for Vipshop 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.

* Premium members only.

Vipshop Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,700.13 2,712.89 3,520.24 4,119.56 5,159.09

Vipshop Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings 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 Premium Member Only Premium Member Only Premium Member Only 4,119.56 4,437.60 4,562.86 4,643.09 5,159.09

Vipshop 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.


Vipshop Holdings  (NYSE:VIPS) 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.


Vipshop Holdings (Vipshop Holdings) Business Description

Address
128 Dingxin Road, Haizhu District, Guangdong, Guangzhou, CHN, 510220
Vipshop Holdings Ltd is an online discount retailer for brands in China. The company offers branded products to consumers in China through flash sales on its vipshop.com, vip.com and lefeng.com websites. Flash sales represent an online retail format combining the advantages of e-commerce and discount sales through selling a finite quantity of discounted products or services online for a limited period of time. It deals in wide range of products and services for consumers specializing in branded cosmetics, apparel, healthcare products, food and other consumer products. Its operating segment includes Vip.com and Shan Shan Outlets. The company generates maximum revenue from Vip.com segment.