CALIQ (China Auto Logistics) Retained Earnings: $-4.8 Mil (As of Sep. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is China Auto Logistics Retained Earnings?

China Auto Logistics CALIQ Retained Earnings is $-4.8 Mil as of Sep. 2017.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. China Auto Logistics's retained earnings for the quarter that ended in Sep. 2017 was $-4.8 Mil.

China Auto Logistics's quarterly retained earnings declined from Mar. 2017 ($-3.5 Mil) to Jun. 2017 ($-3.8 Mil) and declined from Jun. 2017 ($-3.8 Mil) to Sep. 2017 ($-4.8 Mil).

China Auto Logistics's annual retained earnings declined from Dec. 2014 ($4.7 Mil) to Dec. 2015 ($-7.3 Mil) but then increased from Dec. 2015 ($-7.3 Mil) to Dec. 2016 ($-3.4 Mil).

China Auto Logistics  (OTCPK:CALIQ) 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 Auto Logistics Retained Earnings Historical Data

* Premium members only.

The historical data trend for China Auto Logistics'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.

China Auto Logistics Retained Earnings Chart

China Auto Logistics Annual Data
Trend Nov07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.01 31.53 4.67 -7.35 -3.36

China Auto Logistics Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -3.42 -3.36 -3.50 -3.84 -4.78

China Auto Logistics 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-4.8 Mil mean?
China Auto Logistics (CALIQ) has a Retained Earnings of $-4.8 Mil as of Sep. 2017. Retained earnings is the amount of net income not issued to shareholders. View historical data on China Auto Logistics and its competitors.
Is China Auto Logistics' Retained Earnings too high?
China Auto Logistics' current Retained Earnings is $-4.8 Mil.
How does China Auto Logistics' Retained Earnings compare to competitors?
China Auto Logistics' Retained Earnings of $-4.8 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Vehicles & Parts company?
A good Retained Earnings depends on the Vehicles & Parts industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on China Auto Logistics and its competitors. China Auto Logistics's current Retained Earnings is $-4.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Auto Logistics stock overvalued right now?
China Auto Logistics (CALIQ) has a current Retained Earnings of $-4.8 Mil. The current Retained Earnings is $-4.8 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For China Auto Logistics (CALIQ), the current Retained Earnings is $-4.8 Mil as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Auto Logistics Business Description

Address 86 Tianbao Avenue, Floor 1 FTZ International Auto Mall, Free Trade Zone, Tianjin, CHN, 300461
China Auto Logistics Inc is the wholesaler of imported luxury automobiles. The company's operating segment includes Sales of Automobiles; Financing Services and Other Services. It generates maximum revenue from the Sales of Automobiles segment. Entire revenue from operations of the company is generated in China. The company also delivers logistics services related to the automobile importing process and other automobile value-added services, such as assistance with customs clearance, storage, and nationwide delivery services.