Cell C Holdings (JSE:CCD) Retained Earnings: R-31,492 Mil (As of May. 2026)

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.

What is Cell C Holdings Retained Earnings?

Cell C Holdings JSE:CCD +0.16% Retained Earnings is R-31,492 Mil as of May. 2026. The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cell C Holdings's retained earnings for the quarter that ended in May. 2026 was R-31,492 Mil.

Cell C Holdings's quarterly retained earnings increased from Aug. 2025 (R-34,061 Mil) to Nov. 2025 (R-32,288 Mil) and increased from Nov. 2025 (R-32,288 Mil) to May. 2026 (R-31,492 Mil).

Cell C Holdings's annual retained earnings increased from Dec. 2023 (R-35,960 Mil) to May. 2025 (R-35,869 Mil) and increased from May. 2025 (R-35,869 Mil) to May. 2026 (R-31,492 Mil).

Cell C Holdings  (JSE:CCD) 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.

Cell C Holdings Retained Earnings Historical Data

* Premium members only.

The historical data trend for Cell C 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.

Cell C Holdings Retained Earnings Chart

Cell C Holdings Annual Data
Trend Dec22 Dec23 May25 May26
Retained Earnings
-36,150.40 -35,960.13 -35,869.00 -31,491.81

Cell C Holdings Quarterly Data
Dec22 Dec23 Aug24 Nov24 May25 Aug25 Nov25 May26
Retained Earnings Get a 7-Day Free Trial 0.00 -35,869.00 -34,060.55 -32,287.76 -31,491.81

Cell C 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 R-31,492 Mil mean?
Cell C Holdings (JSE:CCD) has a Retained Earnings of R-31,492 Mil as of May. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Cell C Holdings and its competitors.
Is Cell C Holdings' Retained Earnings too high?
Cell C Holdings' current Retained Earnings is R-31,492 Mil.
How does Cell C Holdings' Retained Earnings compare to VZ and TMUS?
Cell C Holdings' Retained Earnings of R-31,492 Mil can be compared against companies in the Telecommunication Services 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 a Telecommunication Services company?
A good Retained Earnings depends on the Telecommunication Services 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 Cell C Holdings and its competitors. Cell C Holdings's current Retained Earnings is R-31,492 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cell C Holdings stock overvalued right now?
Cell C Holdings (JSE:CCD) has a current Retained Earnings of R-31,492 Mil. The current Retained Earnings is R-31,492 Mil. 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 Cell C Holdings (JSE:CCD), the current Retained Earnings is R-31,492 Mil as of May. 2026. 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.

Cell C Holdings Business Description

Other Exchanges LZ9:Germany
Address Maxwell Drive and Corner Pretoria Main Road, Waterfall Campus, Buccleuch, Johannesburg, GT, ZAF, 2090
Cell C Holdings Ltd is a mobile provider in South Africa offering a wide scope of products and services, including voice, data, device and SIM deals to millions of customers.