JD Logistics (HKSE:02618) Retained Earnings : HK$-28,484 Mil (As of Dec. 2023)

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What is JD Logistics Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JD Logistics's retained earnings for the quarter that ended in Dec. 2023 was HK$-28,484 Mil.

JD Logistics's quarterly retained earnings increased from Jun. 2023 (HK$-29,508 Mil) to Sep. 2023 (HK$0 Mil) but then declined from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$-28,484 Mil).

JD Logistics's annual retained earnings increased from Dec. 2021 (HK$-29,829 Mil) to Dec. 2022 (HK$-29,382 Mil) and increased from Dec. 2022 (HK$-29,382 Mil) to Dec. 2023 (HK$-28,484 Mil).

JD Logistics Retained Earnings Historical Data

The historical data trend for JD Logistics'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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JD Logistics Retained Earnings Chart

JD Logistics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-4,821.96

-10,089.24

-29,829.12

-29,381.78

-28,483.55

JD Logistics Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial								-29,381.78	-29,507.60	-	-28,483.55	-

JD Logistics 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.

JD Logistics (HKSE:02618) 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.

JD Logistics (HKSE:02618) Business Description

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JDLGF:USA 822:Germany

Address

No. 20 Kechuang 11 Street, 8th Floor, Building B, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, CHN, 101111

Website

https://www.jdl.cn

JD Logistics Inc, owned by leading China e-commerce company JD.com, is a technology-driven supply chain solutions and logistics services provider in China. It offers a full spectrum of supply chain solutions and logistics services, ranging from warehousing to distribution, spanning across manufacturing to end-customers, covering regular and specialized items. JDL services include formulating and executing supply chain strategies. Customers come from a wide array of industries, such as fast-moving consumer goods; or FMCG, apparel; home appliances; home furniture; computers, consumer electronics, and communications, or 3C; automotive; and fresh produce, among others.

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