Xiamen Anne (SZSE:002235) Retained Earnings : ¥-1,170.9 Mil (As of Mar. 2024)

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What is Xiamen Anne Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Xiamen Anne's retained earnings for the quarter that ended in Mar. 2024 was ¥-1,170.9 Mil.

Xiamen Anne's quarterly retained earnings declined from Sep. 2023 (¥-906.2 Mil) to Dec. 2023 (¥-1,174.3 Mil) but then increased from Dec. 2023 (¥-1,174.3 Mil) to Mar. 2024 (¥-1,170.9 Mil).

Xiamen Anne's annual retained earnings declined from Dec. 2021 (¥-752.8 Mil) to Dec. 2022 (¥-896.1 Mil) and declined from Dec. 2022 (¥-896.1 Mil) to Dec. 2023 (¥-1,174.3 Mil).

Xiamen Anne Retained Earnings Historical Data

The historical data trend for Xiamen Anne'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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Xiamen Anne Retained Earnings Chart

Xiamen Anne Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-154.29

-783.28

-752.84

-896.08

-1,174.28

Xiamen Anne Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-890.65	-887.89	-906.24	-1,174.28	-1,170.92

Xiamen Anne 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.

Xiamen Anne (SZSE:002235) 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.

Xiamen Anne (SZSE:002235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Xiamen Anne Corp Ltd (SZSE:002235) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

No. 99 Jinyuan South Road, Xinlin, Jimei District, Fujian, Xiamen, CHN, 361022

Website

http://www.anne.com.cn

Xiamen Anne Corp Ltd is a China-based company focused on the research and development, production, distribution and integrated application and services. Its businesses include digital rights services, digital marketing services, business information paper products marketing services, and lottery marketing services. The company specializes in offering online digital rights application services. Its product, Digital Copyright Service Platform for Digital Rights, as long as 3 minutes, utilizes innovative intelligent AI and blockchain reinforcement technology to provide digital rights services based on the DCI digital copyright protection system.

Executives

Liu Xiao Hai	Independent director
Zhang Jie	Directors, executives
Yang Chao	Directors, executives
Huang Yi Nian	Supervisors
Xie Rong	Supervisors, securities affairs representatives
Dai Si Hong	Supervisors
Ye Quan Qing	Directors, executives
Xu Zhi Qiang	Executives
Lin Xu Xi	Director
Huang Qing Hua	Directors, executives
Wang Mei Ying	Executives
Guo Yong Fang	Independent director
Zhang Hui	Directors, executives
Yang Qin Tao	Executives
Zhou Zhen Guo	Supervisors

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