Sungy Mobile (Sungy Mobile) Retained Earnings : $-48.26 Mil (As of Sep. 2014)

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What is Sungy Mobile Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sungy Mobile's retained earnings for the quarter that ended in Sep. 2014 was $-48.26 Mil.

Sungy Mobile's quarterly retained earnings increased from Mar. 2014 ($-49.77 Mil) to Jun. 2014 ($-48.24 Mil) but then declined from Jun. 2014 ($-48.24 Mil) to Sep. 2014 ($-48.26 Mil).

Sungy Mobile's annual retained earnings increased from Dec. 2012 ($-59.33 Mil) to Dec. 2013 ($-52.92 Mil) but then declined from Dec. 2013 ($-52.92 Mil) to Dec. 2014 ($-59.56 Mil).

Sungy Mobile Retained Earnings Historical Data

The historical data trend for Sungy Mobile'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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Sungy Mobile Retained Earnings Chart

Sungy Mobile Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Retained Earnings

-51.54

-59.33

-52.92

-59.56

Sungy Mobile Quarterly Data
	Dec11	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Retained Earnings	Get a 7-Day Free Trial						-52.92	-49.77	-48.24	-48.26	-59.56

Sungy Mobile 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.

Sungy Mobile (NAS:GOMO) 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.

Sungy Mobile (Sungy Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sungy Mobile Ltd (NAS:GOMO) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.sungymobile.com

Sungy Mobile Ltd was incorporated in January 2005. The Company, through its subsidiaries, provides mobile reading services and mobile portal marketing services, and sells mobile application products and related services in the PRC. Its platform product, GO Launcher EX, manages apps, widgets and functions on Android smartphones and serves as users' first entry point to their phones. The Company has developed a portfolio of GO series products which include its launcher products and a broad range of other GO series apps and widget.

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