GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bosideng International Holdings Ltd (OTCPK:BSDGY) » Definitions » Retained Earnings

Bosideng International Holdings (Bosideng International Holdings) Retained Earnings : $1,313 Mil (As of Sep. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Bosideng International Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bosideng International Holdings's retained earnings for the quarter that ended in Sep. 2023 was $1,313 Mil.

Bosideng International Holdings's quarterly retained earnings increased from Sep. 2022 ($0 Mil) to Mar. 2023 ($1,455 Mil) but then declined from Mar. 2023 ($1,455 Mil) to Sep. 2023 ($1,313 Mil).

Bosideng International Holdings's annual retained earnings increased from Mar. 2021 ($0 Mil) to Mar. 2022 ($1,511 Mil) but then declined from Mar. 2022 ($1,511 Mil) to Mar. 2023 ($1,455 Mil).


Bosideng International Holdings Retained Earnings Historical Data

The historical data trend for Bosideng International Holdings'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.

Bosideng International Holdings Retained Earnings Chart

Bosideng International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1,510.59 1,454.75

Bosideng International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1,510.59 - 1,454.75 1,313.49

Bosideng International Holdings 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.


Bosideng International Holdings  (OTCPK:BSDGY) 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.


Bosideng International Holdings (Bosideng International Holdings) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, Unit 5709, 57th Floor, The Center, Central, Hong Kong, HKG
Bosideng International Holdings Ltd is an integrated clothing group in China. It mainly engaged in design, manufacture and sales of down apparel products including research, raw materials procurement, outsourced manufacturing, marketing and distribution of branded down apparel products, original equipment manufacturing products and non-down apparel products. The group operates its business in four segments namely Down apparels, OEM management, Ladieswear apparels, and Diversified apparels. It generates a majority of revenue from the Down apparels segment which carries on the business of sourcing and distributing branded down apparels. The group's down apparel brands include Bosideng, Snow Flying, and Bengen, among others.

Bosideng International Holdings (Bosideng International Holdings) Headlines

From GuruFocus

Bosideng International Holdings Ltd's Dividend Analysis

By GuruFocus Research 12-15-2023