NetEase (NetEase) Retained Earnings : $15,716 Mil (As of Dec. 2023)

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What is NetEase Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NetEase's retained earnings for the quarter that ended in Dec. 2023 was $15,716 Mil.

NetEase's quarterly retained earnings stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($15,716 Mil).

NetEase's annual retained earnings increased from Dec. 2021 ($12,167 Mil) to Dec. 2022 ($13,063 Mil) and increased from Dec. 2022 ($13,063 Mil) to Dec. 2023 ($15,716 Mil).

NetEase Retained Earnings Historical Data

The historical data trend for NetEase'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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NetEase Retained Earnings Chart

NetEase Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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8,040.50

9,811.86

12,166.88

13,063.48

15,715.89

NetEase Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															13,063.48	-	-	-	15,715.89

NetEase 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.

NetEase (NAS:NTES) 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.

NetEase (NetEase) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetEase Inc (NAS:NTES) » Definitions » Retained Earnings

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NETTF:USA NTESN:Mexico 09999:Hong Kong 0K6G:UK 4Y01:Germany 4Y01:Germany NEH:Germany NEH:Germany NETE34:Brazil NTES:Austria

Address

No. 599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, CHN, 310052

Website

https://ir.netease.com

NetEase, which started on an internet portal service in 1997, is a leading online services provider in China. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. The company develops and operates some of the China's most popular PC client and mobile games, and it partners with global leading game developers, such as Blizzard Entertainment and Mojang (a Microsoft subsidiary).