GURUFOCUS.COM » STOCK LIST » Technology » Software » Northking Information Technology Co Ltd (SZSE:002987) » Definitions » Retained Earnings

Northking Information Technology Co (SZSE:002987) Retained Earnings : ¥1,432 Mil (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is Northking Information Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Northking Information Technology Co's retained earnings for the quarter that ended in Mar. 2025 was ¥1,432 Mil.

Northking Information Technology Co's quarterly retained earnings increased from Sep. 2024 (¥1,331 Mil) to Dec. 2024 (¥1,385 Mil) and increased from Dec. 2024 (¥1,385 Mil) to Mar. 2025 (¥1,432 Mil).

Northking Information Technology Co's annual retained earnings increased from Dec. 2022 (¥897 Mil) to Dec. 2023 (¥1,180 Mil) and increased from Dec. 2023 (¥1,180 Mil) to Dec. 2024 (¥1,385 Mil).


Northking Information Technology Co Retained Earnings Historical Data

The historical data trend for Northking Information Technology 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.

* Premium members only.

Northking Information Technology Co Retained Earnings Chart

Northking Information Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 498.89 674.21 897.36 1,180.03 1,385.16

Northking Information Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,228.57 1,224.95 1,330.57 1,385.16 1,431.89

Northking Information Technology 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.


Northking Information Technology Co  (SZSE:002987) 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.


Northking Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 25 West Third Ring North Road, 7th Floor, Haidian District, Beijing, CHN, 100089
Northking Information Technology Co Ltd is a provider of information technology services and business process outsourcing services to banking-based financial institutions. The company's services include technology development, technology promotion, technology transfer, technology consulting, technical services; computer technology training; computer system services; data processing; computer maintenance; basic software services, application software services; accepting financial information technology outsourcing services entrusted by financial institutions, entrusting financial institutions with financial business process outsourcing services, entrusting financial institutions with financial knowledge process outsourcing services, among others.
Executives
Ding Zhi Peng Director
Zhao Long Hu Directors, executives

Northking Information Technology Co Headlines

No Headlines