Newborn Town (HKSE:09911) Retained Earnings : HK$525 Mil (As of Dec. 2023)

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What is Newborn Town Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Newborn Town's retained earnings for the quarter that ended in Dec. 2023 was HK$525 Mil.

Newborn Town's quarterly retained earnings increased from Dec. 2022 (HK$-34 Mil) to Jun. 2023 (HK$169 Mil) and increased from Jun. 2023 (HK$169 Mil) to Dec. 2023 (HK$525 Mil).

Newborn Town's annual retained earnings increased from Dec. 2021 (HK$-195 Mil) to Dec. 2022 (HK$-34 Mil) and increased from Dec. 2022 (HK$-34 Mil) to Dec. 2023 (HK$525 Mil).

Newborn Town Retained Earnings Historical Data

The historical data trend for Newborn Town'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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Newborn Town Retained Earnings Chart

Newborn Town Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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97.30

150.70

-194.88

-33.99

525.07

Newborn Town Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial									-194.88	-89.62	-33.99	169.39	525.07

Newborn Town 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.

Newborn Town (HKSE:09911) 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.

Newborn Town (HKSE:09911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newborn Town Inc (HKSE:09911) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

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Address

Xiaoyun Road 33rd Building, 6th Floor, Tower B, Chaoyang District, Beijing, CHN

Website

https://www.newborntown.com

Newborn Town Inc is a mobile app developer and mobile advertising platform services provider based on AI technologies. The company operates through two segments namely, Social networking business and Innovative business. It generates majority revenue from Social networking business segment.

Executives

Li Ping
Liu Chunhe	2201 Interest of corporation controlled by you
Parallel World Limited
Spriver Tech Limited	2101 Beneficial owner
Bgfg Limited
Du Li	2201 Interest of corporation controlled by you
Phoenix Auspicious Fintech Investment L.p.
Phoenix Wealth (cayman) Asset Management Limited
Phoenix Wealth (hong Kong) Asset Management Limited

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