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Beijing Jingkelong Co (FRA:G2M) Retained Earnings : €27 Mil (As of Jun. 2024)


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What is Beijing Jingkelong Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Beijing Jingkelong Co's retained earnings for the quarter that ended in Jun. 2024 was €27 Mil.

Beijing Jingkelong Co's quarterly retained earnings declined from Jun. 2023 (€42 Mil) to Dec. 2023 (€38 Mil) and declined from Dec. 2023 (€38 Mil) to Jun. 2024 (€27 Mil).

Beijing Jingkelong Co's annual retained earnings declined from Dec. 2021 (€68 Mil) to Dec. 2022 (€51 Mil) and declined from Dec. 2022 (€51 Mil) to Dec. 2023 (€38 Mil).


Beijing Jingkelong Co Retained Earnings Historical Data

The historical data trend for Beijing Jingkelong Co'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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Beijing Jingkelong Co Retained Earnings Chart

Beijing Jingkelong Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.61 69.23 67.68 50.92 38.50

Beijing Jingkelong Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 63.87 50.92 42.21 38.50 26.66

Beijing Jingkelong Co 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.


Beijing Jingkelong Co  (FRA:G2M) 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.


Beijing Jingkelong Co Business Description

Traded in Other Exchanges
Address
XinYuan Street, Block No. 45, Chaoyang District, Beijing, CHN
Beijing Jingkelong Co Ltd is engaged in the retail and wholesale distribution of daily consumer products in the region covering Beijing City and certain parts of its periphery. The company operates in three business segments including Retailing segment which mainly engages in the distribution of food, untagged food, daily necessities, drinks and cigarettes, hardware, and household appliances; Wholesaling segment is engaged in the wholesale supply of daily consumer products, including food, untagged food, beverages, drinks, cigarettes, and daily necessities and Other segment comprises, selling plastic packing products, hotel services, and school training services. It derives the majority of its revenue from the Wholesaling segment.

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