58.com (58.com) Retained Earnings : $1,500 Mil (As of Mar. 2020)

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What is 58.com Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. 58.com's retained earnings for the quarter that ended in Mar. 2020 was $1,500 Mil.

58.com's quarterly retained earnings increased from Sep. 2019 ($874 Mil) to Dec. 2019 ($1,268 Mil) and increased from Dec. 2019 ($1,268 Mil) to Mar. 2020 ($1,500 Mil).

58.com's annual retained earnings increased from Dec. 2017 ($-256 Mil) to Dec. 2018 ($64 Mil) and increased from Dec. 2018 ($64 Mil) to Dec. 2019 ($1,268 Mil).

58.com Retained Earnings Historical Data

The historical data trend for 58.com'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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58.com Retained Earnings Chart

58.com Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

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Dec16

Dec17

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Dec19

Retained Earnings

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-357.06

-443.76

-256.28

63.85

1,267.92

58.com Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Retained Earnings	Get a 7-Day Free Trial															174.52	780.57	874.03	1,267.92	1,499.85

58.com 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.

58.com (NYSE:WUBA) 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.

58.com (58.com) Business Description

Industry

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Address

10 Jiuxianqiao North Road Jia, Building 105, Chaoyang District, Beijing, CHN, 100015

Website

https://www.58.com

58.com Inc through its subsidiaries is engaged in the operation of an online marketplace. The company serves the local merchants and consumers in the People's Republic of China. Its online marketplace enables local merchants and consumers to connect, share information and conduct business. Its online marketing activities consist of paid marketing through internet navigation sites and various popular search engines in China and display advertisements. The company's offline marketing activities include traditional mainstream media such as television, billboard, direct mailing advertisements, public relations activities, as well as sponsored events to increase its visibility and promote its brand.