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Goodwill E-Health Info Co (SHSE:688246) Retained Earnings : ¥-125.7 Mil (As of Sep. 2024)


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What is Goodwill E-Health Info Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Goodwill E-Health Info Co's retained earnings for the quarter that ended in Sep. 2024 was ¥-125.7 Mil.

Goodwill E-Health Info Co's quarterly retained earnings declined from Mar. 2024 (¥-96.3 Mil) to Jun. 2024 (¥-111.9 Mil) and declined from Jun. 2024 (¥-111.9 Mil) to Sep. 2024 (¥-125.7 Mil).

Goodwill E-Health Info Co's annual retained earnings increased from Dec. 2021 (¥-190.3 Mil) to Dec. 2022 (¥-124.0 Mil) and increased from Dec. 2022 (¥-124.0 Mil) to Dec. 2023 (¥-84.4 Mil).


Goodwill E-Health Info Co Retained Earnings Historical Data

The historical data trend for Goodwill E-Health Info 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.

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Goodwill E-Health Info Co Retained Earnings Chart

Goodwill E-Health Info Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -261.09 -239.84 -190.27 -124.05 -84.42

Goodwill E-Health Info Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -106.01 -84.42 -96.27 -111.89 -125.68

Goodwill E-Health Info 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.


Goodwill E-Health Info Co  (SHSE:688246) 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.


Goodwill E-Health Info Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Kaifeng Road, Room 1201, 2nd Floor, Building 1, Shangdi Information Industry Base, Haidian District, Beijing, CHN, 100085
Goodwill E-Health Info Co Ltd is a computer software technology development company. The company's products and services include technology transfer, technical consulting, technical services, application software services, and wholesale electronic products.
Executives
Wang Kun Core technical personnel
Ma Long Biao Core technical personnel
Chen Lian Zhong Core technical personnel
Ren Yong Directors, senior managers
Nie Ya Lun senior management
Li Jing senior management
Zhang Lei Director, core technical staff
Xia Jun Directors, senior managers
Hu Ke Yun Core technical personnel

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