Navinfo Co (SZSE:002405) Retained Earnings : ¥-50 Mil (As of Mar. 2024)

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What is Navinfo Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Navinfo Co's retained earnings for the quarter that ended in Mar. 2024 was ¥-50 Mil.

Navinfo Co's quarterly retained earnings declined from Sep. 2023 (¥939 Mil) to Dec. 2023 (¥120 Mil) and declined from Dec. 2023 (¥120 Mil) to Mar. 2024 (¥-50 Mil).

Navinfo Co's annual retained earnings declined from Dec. 2021 (¥1,765 Mil) to Dec. 2022 (¥1,418 Mil) and declined from Dec. 2022 (¥1,418 Mil) to Dec. 2023 (¥120 Mil).

Navinfo Co Retained Earnings Historical Data

The historical data trend for Navinfo 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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Navinfo Co Retained Earnings Chart

Navinfo Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,879.91

1,538.09

1,764.55

1,417.65

120.23

Navinfo Co 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															1,314.85	1,139.02	938.98	120.23	-49.54

Navinfo 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.

Navinfo Co (SZSE:002405) 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.

Navinfo Co (SZSE:002405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Navinfo Co Ltd (SZSE:002405) » Definitions » Retained Earnings

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Address

South East of YongFeng Road and BeiQing Road Intersection, 3 -13th Floor, A Block, Navinfo Building, Haidian District, Beijing, CHN, 100094

Website

http://www.navinfo.com

Navinfo Co Ltd is one of the leading provider of digital map content, car connectivity and dynamic traffic information services, and location-based big data vertical application services. The company' products meet the needs of the automotive navigation, consumer electronics navigation, internet and mobile internet, government and corporate application.

Executives

Wan Tie Jun	Executives
Bi Lei	Directors, executives
Meng Qing Xin	Directors, executives
Liang Yong Jie	Executives
Jin Shui Xiang	Executives
Song Tie Hui	Executives
Cheng Peng	Directors, executives
Sun Yu Guo	Director
Dai Dong Hai	Executives
Jing Mu Han	Executives
Qin Fang	Securities Affairs Representative
Jiang Xiao Ming	Executives
Xu Jin Hui	Supervisors
Lai Feng Fu	Executives
Cao Xiao Hang	Executives

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