ZTNO (Zoom Technologies) Retained Earnings: $-43.47 Mil (As of Mar. 2014)

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What is Zoom Technologies Retained Earnings?

Zoom Technologies ZTNO -98.33% Retained Earnings is $-43.47 Mil as of Mar. 2014.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zoom Technologies's retained earnings for the quarter that ended in Mar. 2014 was $-43.47 Mil.

Zoom Technologies's quarterly retained earnings declined from Sep. 2013 ($-20.30 Mil) to Dec. 2013 ($-42.99 Mil) and declined from Dec. 2013 ($-42.99 Mil) to Mar. 2014 ($-43.47 Mil).

Zoom Technologies's annual retained earnings declined from Dec. 2011 ($28.37 Mil) to Dec. 2012 ($-4.10 Mil) and declined from Dec. 2012 ($-4.10 Mil) to Dec. 2013 ($-42.99 Mil).

Zoom Technologies  (OTCPK:ZTNO) 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.

Zoom Technologies Retained Earnings Historical Data

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The historical data trend for Zoom Technologies'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.

Zoom Technologies Retained Earnings Chart

Zoom Technologies Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.25 19.71 28.37 -4.10 -42.99

Zoom Technologies Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -5.56 -8.33 -20.30 -42.99 -43.47

Zoom Technologies 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-43.47 Mil mean?
Zoom Technologies (ZTNO) has a Retained Earnings of $-43.47 Mil as of Mar. 2014. Retained earnings is the amount of net income not issued to shareholders. View historical data on Zoom Technologies and its competitors.
Is Zoom Technologies' Retained Earnings too high?
Zoom Technologies' current Retained Earnings is $-43.47 Mil.
How does Zoom Technologies' Retained Earnings compare to OSAT and GTXO?
Zoom Technologies' Retained Earnings of $-43.47 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Hardware company?
A good Retained Earnings depends on the Hardware industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Zoom Technologies and its competitors. Zoom Technologies's current Retained Earnings is $-43.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoom Technologies stock overvalued right now?
Zoom Technologies (ZTNO) has a current Retained Earnings of $-43.47 Mil. The current Retained Earnings is $-43.47 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Zoom Technologies (ZTNO), the current Retained Earnings is $-43.47 Mil as of Mar. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zoom Technologies Business Description

Address Sanlitun SOHO, Building A, 11th Floor, No. 8 Worker Stadium North Road, Chaoyang District, Beijing, CHN, 10027
Zoom Technologies Inc designs, produces, markets, sales and supports broadband and dial-up modems, Voice over Internet Protocol or VoIP products and services, Bluetooth wireless products, and other communication-related products. It is engaged in mobile platform video game development, manufacturing, research and development, and sales of electronic components for third generation mobile phones, wireless communication circuitry, GPS equipment, and related software products.