Ourpalm Co (SZSE:300315) Retained Earnings : ¥-1,433.4 Mil (As of Mar. 2024)

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What is Ourpalm Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ourpalm Co's retained earnings for the quarter that ended in Mar. 2024 was ¥-1,433.4 Mil.

Ourpalm Co's quarterly retained earnings increased from Sep. 2023 (¥-1,500.7 Mil) to Dec. 2023 (¥-1,489.2 Mil) and increased from Dec. 2023 (¥-1,489.2 Mil) to Mar. 2024 (¥-1,433.4 Mil).

Ourpalm Co's annual retained earnings increased from Dec. 2021 (¥-1,723.4 Mil) to Dec. 2022 (¥-1,676.1 Mil) and increased from Dec. 2022 (¥-1,676.1 Mil) to Dec. 2023 (¥-1,489.2 Mil).

Ourpalm Co Retained Earnings Historical Data

The historical data trend for Ourpalm 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.

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Ourpalm Co Retained Earnings Chart

Ourpalm Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-797.96

-478.91

-1,723.42

-1,676.13

-1,489.20

Ourpalm 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															-1,596.97	-1,521.08	-1,500.67	-1,489.20	-1,433.43

Ourpalm 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.

Ourpalm Co (SZSE:300315) 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.

Ourpalm Co (SZSE:300315) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Ourpalm Co Ltd (SZSE:300315) » Definitions » Retained Earnings

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Address

No.1 Baosheng South Road, Room 901, Building 29, Block C, Lingzhi Center, Aobei Science and Technology Park, Haidian District, Beijing, CHN

Website

http://www.ourpalm.com

Ourpalm Co Ltd is a China-based company engaged in the development, publishing, and operation of games. Its main business includes mobile terminal games, internet page games and product development, agent distribution and operation and maintenance of its peripheral products.

Executives

Cheng Li	Executives
Yao Wen Zhe	Directors, executives
Wu Lin Guang	Director
Hu Bin	Directors, executives
Li Hao Sheng	Directors, executives
Deng Pan	Director
Yao Wen Bin	Director
Song Hai Bo	Director
Ye Ying Tao	Director
Wang Zhong Jun	Director
Yang Kai	Directors, executives
Zhang Yun Xia	Directors, Directors, and Executives

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