So-Young International (So-Young International) Retained Earnings : $-46.2 Mil (As of Dec. 2023)

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What is So-Young International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. So-Young International's retained earnings for the quarter that ended in Dec. 2023 was $-46.2 Mil.

So-Young International's quarterly retained earnings increased from Jun. 2023 ($-50.4 Mil) to Sep. 2023 ($-47.0 Mil) and increased from Sep. 2023 ($-47.0 Mil) to Dec. 2023 ($-46.2 Mil).

So-Young International's annual retained earnings declined from Dec. 2021 ($-42.8 Mil) to Dec. 2022 ($-49.7 Mil) but then increased from Dec. 2022 ($-49.7 Mil) to Dec. 2023 ($-46.2 Mil).

So-Young International Retained Earnings Historical Data

The historical data trend for So-Young International'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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So-Young International Retained Earnings Chart

So-Young International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-36.96

-38.88

-42.76

-49.72

-46.24

So-Young International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-49.72	-52.04	-50.43	-46.98	-46.24

So-Young International 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.

So-Young International (NAS:SY) 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.

So-Young International (So-Young International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » So-Young International Inc (NAS:SY) » Definitions » Retained Earnings

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Address

No. 34 Chuangyuan Road, Tower E, Ronsin Technology Center, Chaoyang District, Beijing, CHN, 100102

Website

https://www.soyoung.com

So-Young International Inc is an online destination for discovering, evaluating, and reserving medical aesthetic services in China. Its business model comprises four integrated components: professional content and its distribution through social media networks and its targeted media platforms in China, a social community characterized by signature user-generated content, Online reservation services for a medical aesthetic treatment, and the research, development, production, sales, and agency of laser and other optoelectronic medical beauty equipment. It generates revenues from information services fees and reservation services fees from medical aesthetic service providers.