Weimob (HKSE:02013) Retained Earnings : HK$-5,989 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Weimob Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Weimob's retained earnings for the quarter that ended in Dec. 2023 was HK$-5,989 Mil.

Weimob's quarterly retained earnings declined from Dec. 2022 (HK$-5,268 Mil) to Jun. 2023 (HK$-5,655 Mil) and declined from Jun. 2023 (HK$-5,655 Mil) to Dec. 2023 (HK$-5,989 Mil).

Weimob's annual retained earnings declined from Dec. 2021 (HK$-3,538 Mil) to Dec. 2022 (HK$-5,268 Mil) and declined from Dec. 2022 (HK$-5,268 Mil) to Dec. 2023 (HK$-5,989 Mil).

Weimob Retained Earnings Historical Data

The historical data trend for Weimob'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.

* Premium members only.

Weimob Retained Earnings Chart

Weimob Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-1,061.11

-2,501.52

-3,537.50

-5,268.19

-5,989.35

Weimob Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial											-3,537.50	-4,099.83	-5,268.19	-5,654.64	-5,989.35

Weimob 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.

Weimob (HKSE:02013) 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.

Weimob (HKSE:02013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Weimob Inc (HKSE:02013) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

36W:Germany

Address

258 Changjiang Road, Weimob Building, Baoshan District, Shanghai, CHN

Website

https://www.weimob.com

Weimob Inc is a provider of cloud business and marketing solutions for small and medium-sized enterprises in China. The company operates in three segments: Subscription solutions, Merchant solutions, and Digital media. It provides SaaS and other software in its Subscription Solutions segment for e-commerce, Retail, catering, hotel, local life, and other industries, enabling merchants to carry out private traffic management. The company helps merchants obtain public domain traffic and support them to achieve digital upgrade with full chain services and operations through its Merchant Solutions segment. Digital Media mainly comprises its advertisement placement services offered to certain merchants.

Executives

Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Ubs Group Ag
Tencent Holdings Limited	2201 Interest of corporation controlled by you
Fang Tongshu
Sun Taoyong
You Fengchun
Cantrust (far East) Limited
Yomi.sun Holding Limited
Youmi Investment Limited
Morgan Stanley	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Cp Wisdom Singapore Pte. Ltd.	2101 Beneficial owner
Crescent Point Group	2201 Interest of corporation controlled by you
Wsdn Enterprises (s) Pte. Ltd.	2201 Interest of corporation controlled by you

Weimob (HKSE:02013) Headlines

No Headlines