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Beijing Yuanlong Yato Culture Dissemination Co (SZSE:002878) Retained Earnings : ¥373 Mil (As of Jun. 2024)


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What is Beijing Yuanlong Yato Culture Dissemination Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Beijing Yuanlong Yato Culture Dissemination Co's retained earnings for the quarter that ended in Jun. 2024 was ¥373 Mil.

Beijing Yuanlong Yato Culture Dissemination Co's quarterly retained earnings increased from Dec. 2023 (¥361 Mil) to Mar. 2024 (¥389 Mil) but then declined from Mar. 2024 (¥389 Mil) to Jun. 2024 (¥373 Mil).

Beijing Yuanlong Yato Culture Dissemination Co's annual retained earnings increased from Dec. 2021 (¥387 Mil) to Dec. 2022 (¥451 Mil) but then declined from Dec. 2022 (¥451 Mil) to Dec. 2023 (¥361 Mil).


Beijing Yuanlong Yato Culture Dissemination Co Retained Earnings Historical Data

The historical data trend for Beijing Yuanlong Yato Culture Dissemination 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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Beijing Yuanlong Yato Culture Dissemination Co Retained Earnings Chart

Beijing Yuanlong Yato Culture Dissemination Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 258.35 358.10 386.53 450.93 360.58

Beijing Yuanlong Yato Culture Dissemination Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 347.77 379.99 360.58 389.29 373.32

Beijing Yuanlong Yato Culture Dissemination 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.


Beijing Yuanlong Yato Culture Dissemination Co  (SZSE:002878) 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.


Beijing Yuanlong Yato Culture Dissemination Co Business Description

Traded in Other Exchanges
N/A
Address
338 Guang'anmen Inner Street, 12th Floor, Office Building, Metropark Hotel, Xicheng District, Beijing, CHN, 100053
Beijing Yuanlong Yato Culture Dissemination Co Ltd is a Chinese provider of integrated marketing services. It offers services such as marketing plan creative planning, promotional product design and development, promotional products commissioned processing and sales, promotional materials and other marketing materials logistics warehousing and distribution services, and market terminal services.
Executives
Rao Xiu Li Executives
Yue Xin Director
Wang Sheng Executives
Bian Yu Chen Directors, executives
Li Ya Supervisors
Zhao Huai Dong Executives
Xiang Jing Directors, executives
Chen Tao Executives
Sun Zhen Directors, executives
Wang Wei Director
Li Ji Dong Executives

Beijing Yuanlong Yato Culture Dissemination Co Headlines

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