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17 Education & Technology Group (17 Education & Technology Group) Retained Earnings : $-1,434.98 Mil (As of Sep. 2023)


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What is 17 Education & Technology Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. 17 Education & Technology Group's retained earnings for the quarter that ended in Sep. 2023 was $-1,434.98 Mil.

17 Education & Technology Group's quarterly retained earnings increased from Mar. 2023 ($-1,502.20 Mil) to Jun. 2023 ($-1,452.15 Mil) and increased from Jun. 2023 ($-1,452.15 Mil) to Sep. 2023 ($-1,434.98 Mil).

17 Education & Technology Group's annual retained earnings declined from Dec. 2020 ($-1,321.12 Mil) to Dec. 2021 ($-1,582.76 Mil) but then increased from Dec. 2021 ($-1,582.76 Mil) to Dec. 2022 ($-1,471.52 Mil).


17 Education & Technology Group Retained Earnings Historical Data

The historical data trend for 17 Education & Technology Group'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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17 Education & Technology Group Retained Earnings Chart

17 Education & Technology Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
-454.80 -656.21 -1,321.12 -1,582.76 -1,471.52

17 Education & Technology Group Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -1,446.80 -1,471.52 -1,502.20 -1,452.15 -1,434.98

17 Education & Technology Group 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.


17 Education & Technology Group  (NAS:YQ) 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.


17 Education & Technology Group (17 Education & Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
Wangjing Greenland Center, 16th Floor, Block B, Chaoyang District, Beijing, CHN, 100102
17 Education & Technology Group Inc is an education technology company in China. It offers to assist students, teachers, schoolmasters, and educational authorities across China to achieve data-driven teaching, learning, and assessment. Geographically group operates in China.

17 Education & Technology Group (17 Education & Technology Group) Headlines

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