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Youngor Fashion Co (SHSE:600177) Retained Earnings : ¥34,751 Mil (As of Mar. 2024)


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What is Youngor Fashion Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Youngor Fashion Co's retained earnings for the quarter that ended in Mar. 2024 was ¥34,751 Mil.

Youngor Fashion Co's quarterly retained earnings increased from Sep. 2023 (¥33,216 Mil) to Dec. 2023 (¥33,788 Mil) and increased from Dec. 2023 (¥33,788 Mil) to Mar. 2024 (¥34,751 Mil).

Youngor Fashion Co's annual retained earnings increased from Dec. 2021 (¥29,538 Mil) to Dec. 2022 (¥32,690 Mil) and increased from Dec. 2022 (¥32,690 Mil) to Dec. 2023 (¥33,788 Mil).


Youngor Fashion Co Retained Earnings Historical Data

The historical data trend for Youngor Fashion Co'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.

Youngor Fashion Co Retained Earnings Chart

Youngor Fashion Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,580.04 26,968.66 29,538.02 32,690.36 33,787.86

Youngor Fashion Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 33,676.23 32,576.51 33,215.59 33,787.86 34,750.90

Youngor Fashion Co 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.


Youngor Fashion Co  (SHSE:600177) 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.


Youngor Fashion Co (SHSE:600177) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, West Section of Jingxian Avenue, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315153
Youngor Fashion Co Ltd is a China-based company is engaged in the development of textiles and apparels. The company's brands are YOUNGOR, MAYOR, Hart Schaffner Marx, and HAMP. In addition, the company is also involved in the real estate development business and financial investment business.

Youngor Fashion Co (SHSE:600177) Headlines

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