JPPYY (Jupai Holdings) Retained Earnings: $-44.89 Mil (As of Dec. 2023)

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.

JPPYY Jupai Holdings Ltd JPPYY
12 GF Score
Price $0.00
View Full Analysis

What is Jupai Holdings Retained Earnings?

Jupai Holdings JPPYY 12 Retained Earnings is $-44.89 Mil as of Dec. 2023. GuruFocus rates JPPYY with a GF Score™ of 12/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jupai Holdings's retained earnings for the quarter that ended in Dec. 2023 was $-44.89 Mil.

Jupai Holdings's quarterly retained earnings increased from Dec. 2021 ($-49.74 Mil) to Dec. 2022 ($-42.58 Mil) but then declined from Dec. 2022 ($-42.58 Mil) to Dec. 2023 ($-44.89 Mil).

Jupai Holdings's annual retained earnings increased from Dec. 2021 ($-49.74 Mil) to Dec. 2022 ($-42.58 Mil) but then declined from Dec. 2022 ($-42.58 Mil) to Dec. 2023 ($-44.89 Mil).

Jupai Holdings  (OTCPK:JPPYY) 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.

Jupai Holdings Retained Earnings Historical Data

* Premium members only.

The historical data trend for Jupai Holdings'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.

Jupai Holdings Retained Earnings Chart

Jupai Holdings 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 -2.51 -7.48 -49.74 -42.58 -44.89

Jupai Holdings Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.51 -7.48 -49.74 -42.58 -44.89
JPPYY
12GF Score
Jupai Holdings Ltd JPPYY
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jupai Holdings 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 $-44.89 Mil mean?
Jupai Holdings (JPPYY) has a Retained Earnings of $-44.89 Mil as of Dec. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Jupai Holdings and its competitors.
Is Jupai Holdings' Retained Earnings too high?
Jupai Holdings' current Retained Earnings is $-44.89 Mil. Overall, Jupai Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Jupai Holdings' Retained Earnings compare to BLK and BX?
Jupai Holdings' Retained Earnings of $-44.89 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Retained Earnings depends on the Asset Management 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 Jupai Holdings and its competitors. Jupai Holdings's current Retained Earnings is $-44.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jupai Holdings stock overvalued right now?
Jupai Holdings (JPPYY) has a current Retained Earnings of $-44.89 Mil. The current Retained Earnings is $-44.89 Mil. Jupai Holdings' overall GF Score™ is 12/100. 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 Jupai Holdings (JPPYY), the current Retained Earnings is $-44.89 Mil as of Dec. 2023. 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.

Jupai Holdings Business Description

Address No. 1588 Xinyang Road, Building 4, Lingang New Area, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201413
Jupai Holdings Ltd is a third-party wealth management service provider focusing on distributing wealth management products and providing product advisory services to high-net-worth individuals. It derives net revenues mainly from the provision of wealth management product-related services and asset management services. All of the group's revenues are derived from China.
12GF Score

Get the complete analysis for JPPYY

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price