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JNBY Design (HKSE:03306) Retained Earnings : HK$1,754 Mil (As of Dec. 2023)


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What is JNBY Design Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JNBY Design's retained earnings for the quarter that ended in Dec. 2023 was HK$1,754 Mil.

JNBY Design's quarterly retained earnings increased from Dec. 2022 (HK$1,380 Mil) to Jun. 2023 (HK$1,480 Mil) and increased from Jun. 2023 (HK$1,480 Mil) to Dec. 2023 (HK$1,754 Mil).

JNBY Design's annual retained earnings increased from Jun. 2021 (HK$1,227 Mil) to Jun. 2022 (HK$1,317 Mil) and increased from Jun. 2022 (HK$1,317 Mil) to Jun. 2023 (HK$1,480 Mil).


JNBY Design Retained Earnings Historical Data

The historical data trend for JNBY Design'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.

JNBY Design Retained Earnings Chart

JNBY Design Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 731.35 838.42 1,227.03 1,316.96 1,479.54

JNBY Design Semi-Annual Data
Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,421.71 1,316.96 1,380.22 1,479.54 1,754.39

JNBY Design 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.


JNBY Design  (HKSE:03306) 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.


JNBY Design (HKSE:03306) Business Description

Traded in Other Exchanges
Address
No. 398 Tianmushan Road, Building 2-6, OELi, Xihu District, Zhejiang Province, Hangzhou, CHN
JNBY Design Ltd is a designer brand fashion house based in China. The company designs, promote, and sells contemporary apparel, footwear, and accessories for women, men, children, and teenagers as well as household products. Its brand portfolio comprises of JNBY, CROQUIS, jnby by JNBY, less, POMME DE TERRE, and JNBYHOME. The company operates in three segments: Mature Brand, Younger brands, and Emerging brands. Geographically, it generates the majority of the revenue from Mainland China and also from Mature Brand segment.
Executives
Li Lin 2307 Founder of a discretionary trust who can infl
Ninth Investment Limited 2101 Beneficial owner
Cititrust Private Trust (cayman) Limited 2301 Trustee
Li Family Capital Limited 2201 Interest of corporation controlled by you
Wu Jian 2307 Founder of a discretionary trust who can infl
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Ninth Capital Limited 2101 Beneficial owner
Wu Family Capital Limited 2201 Interest of corporation controlled by you
Energetic Design Limited 2306 Nominee for another person

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