China VTV (China VTV) Retained Earnings : $-2.79 Mil (As of Aug. 2020)

View and export this data going back to 2016. Start your Free Trial

What is China VTV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. China VTV's retained earnings for the quarter that ended in Aug. 2020 was $-2.79 Mil.

China VTV's quarterly retained earnings increased from Feb. 2020 ($-3.85 Mil) to May. 2020 ($-2.93 Mil) and increased from May. 2020 ($-2.93 Mil) to Aug. 2020 ($-2.79 Mil).

China VTV's annual retained earnings declined from Feb. 2018 ($-0.49 Mil) to Feb. 2019 ($-0.58 Mil) and declined from Feb. 2019 ($-0.58 Mil) to Feb. 2020 ($-3.85 Mil).

China VTV Retained Earnings Historical Data

The historical data trend for China VTV'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.

China VTV Retained Earnings Chart

China VTV Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Retained Earnings

Get a 7-Day Free Trial

-0.02

-0.06

-0.49

-0.58

-3.85

China VTV Quarterly Data
	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20
Retained Earnings	Get a 7-Day Free Trial															-3.13	-7.56	-3.85	-2.93	-2.79

China VTV 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.

China VTV (OTCPK:CVTV) 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.

China VTV (China VTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China VTV Ltd (OTCPK:CVTV) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG

Website

http://www.tbamm.com

China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.

Executives

Jack Chen

director, 10 percent owner, officer: See Remarks

ROOM 701, BUILDING 13, LANE 51 SHANGZHONG ROAD, XUHUI DISTRICT SHANGHAI F4 00000

China VTV (China VTV) Headlines

No Headlines