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By-health Co (SZSE:300146) Retained Earnings : ¥4,289 Mil (As of Mar. 2024)


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What is By-health Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. By-health Co's retained earnings for the quarter that ended in Mar. 2024 was ¥4,289 Mil.

By-health Co's quarterly retained earnings declined from Sep. 2023 (¥3,721 Mil) to Dec. 2023 (¥3,565 Mil) but then increased from Dec. 2023 (¥3,565 Mil) to Mar. 2024 (¥4,289 Mil).

By-health Co's annual retained earnings increased from Dec. 2021 (¥2,037 Mil) to Dec. 2022 (¥2,132 Mil) and increased from Dec. 2022 (¥2,132 Mil) to Dec. 2023 (¥3,565 Mil).


By-health Co Retained Earnings Historical Data

The historical data trend for By-health 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.

By-health Co Retained Earnings Chart

By-health 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 691.80 1,583.13 2,037.29 2,132.47 3,565.17

By-health 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 3,161.99 3,371.47 3,720.92 3,565.17 4,289.35

By-health 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.


By-health Co  (SZSE:300146) 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.


By-health Co (SZSE:300146) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Xinghan Road, Sanzao Technology Industrial Park, Jinwan District, Guangdong Province, Zhuhai City, CHN, 510663
By-health Co Ltd, formerly Guangdong By-Health Biotechnology Co., Ltd. develops, produces and sells nutritional supplements, functional health food, and natural dietary supplement products to help people improve their health and quality of life.
Executives
Liang Shui Sheng Director
Chen Hong Executives
Tang Hui Director
Jiang Gang Supervisors
Lin Zhi Cheng Directors, executives
Cai Liang Ping Executives
Wang Wen Supervisors
Wu Zhen Yu Executives
Liang Yun Chao Director
Tang Jin Yin Securities Affairs Representative
Long Cui Yun Executives
Zhou Xu Ting Executives

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