China National Gold Group Gold Jewellery Co (SHSE:600916) Retained Earnings: ¥2,855 Mil (As of Mar. 2026)

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SHSE:600916 China National Gold Group Gold Jewellery Co Ltd SHSE:600916
85 GF Score
Price ¥8.12
GF Value ¥10.73
Valuation Modestly Undervalued
! 1 Warning Sign
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What is China National Gold Group Gold Jewellery Co Retained Earnings?

China National Gold Group Gold Jewellery Co SHSE:600916 -0.25% 85 Retained Earnings is ¥2,855 Mil as of Mar. 2026. GuruFocus rates SHSE:600916 with a GF Score™ of 85/100 and a GF Value™ of ¥10.73 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. China National Gold Group Gold Jewellery Co's retained earnings for the quarter that ended in Mar. 2026 was ¥2,855 Mil.

China National Gold Group Gold Jewellery Co's quarterly retained earnings declined from Sep. 2025 (¥2,739 Mil) to Dec. 2025 (¥2,691 Mil) but then increased from Dec. 2025 (¥2,691 Mil) to Mar. 2026 (¥2,855 Mil).

China National Gold Group Gold Jewellery Co's annual retained earnings increased from Dec. 2023 (¥3,050 Mil) to Dec. 2024 (¥3,055 Mil) but then declined from Dec. 2024 (¥3,055 Mil) to Dec. 2025 (¥2,691 Mil).


China National Gold Group Gold Jewellery Co  (SHSE:600916) 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.


China National Gold Group Gold Jewellery Co Retained Earnings Historical Data

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The historical data trend for China National Gold Group Gold Jewellery Co'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.

China National Gold Group Gold Jewellery Co Retained Earnings Chart

China National Gold Group Gold Jewellery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,290.33 2,635.07 3,049.77 3,055.25 2,690.82

China National Gold Group Gold Jewellery Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,189.81 2,722.52 2,738.61 2,690.82 2,854.56
SHSE:600916
85GF Score
China National Gold Group Gold Jewellery Co Ltd SHSE:600916
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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China National Gold Group Gold Jewellery Co 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 ¥2,855 Mil mean?
China National Gold Group Gold Jewellery Co (SHSE:600916) has a Retained Earnings of ¥2,855 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on China National Gold Group Gold Jewellery Co and its competitors.
Is China National Gold Group Gold Jewellery Co's Retained Earnings too high?
China National Gold Group Gold Jewellery Co's current Retained Earnings is ¥2,855 Mil. Overall, China National Gold Group Gold Jewellery Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China National Gold Group Gold Jewellery Co's Retained Earnings compare to TPR?
China National Gold Group Gold Jewellery Co's Retained Earnings of ¥2,855 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Retained Earnings depends on the Retail - Cyclical 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 China National Gold Group Gold Jewellery Co and its competitors. China National Gold Group Gold Jewellery Co's current Retained Earnings is ¥2,855 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Gold Group Gold Jewellery Co stock overvalued right now?
Based on GuruFocus' analysis, China National Gold Group Gold Jewellery Co (SHSE:600916) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.73, compared to a current price of ¥8.12 — trading 24.3% below its estimated fair value. The current Retained Earnings is ¥2,855 Mil. China National Gold Group Gold Jewellery Co's overall GF Score™ is 85/100 with 1 warning sign to review. 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 China National Gold Group Gold Jewellery Co (SHSE:600916), the current Retained Earnings is ¥2,855 Mil as of Mar. 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.

Is China National Gold Group Gold Jewellery Co (SHSE:600916) Overvalued in 2026?

Based on GuruFocus' analysis, China National Gold Group Gold Jewellery Co stock appears to be undervalued. The current stock price of ¥8.12 is trading 24.3% below its estimated GF Value™ of ¥10.73. GuruFocus considers China National Gold Group Gold Jewellery Co to be Modestly Undervalued.

Key valuation signals for SHSE:600916:

  • Retained Earnings: ¥2,855 Mil
  • GF Value™: ¥10.73 vs. price of ¥8.12 (24.3% below fair value)
  • GF Score™: 85/100 with 1 warning sign

No single metric tells the full story. See the SHSE:600916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China National Gold Group Gold Jewellery Co Business Description

Address No. 2, Jingyuan North Street, Room 305, Building 49, Economic and Technological Development Zone, Beijing, CHN, 100176
China National Gold Group Gold Jewellery Co Ltd is a professional gold jewelry production and sales enterprise specializing in the operation of the China Gold brand.
85GF Score

Get the complete analysis for SHSE:600916

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

¥8.12
Price
¥10.73
GF Value