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Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Retained Earnings : $399.5 Mil (As of Dec. 2023)


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What is Citychamp Watch & Jewellery Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Citychamp Watch & Jewellery Group's retained earnings for the quarter that ended in Dec. 2023 was $399.5 Mil.

Citychamp Watch & Jewellery Group's quarterly retained earnings increased from Dec. 2022 ($395.6 Mil) to Jun. 2023 ($396.1 Mil) and increased from Jun. 2023 ($396.1 Mil) to Dec. 2023 ($399.5 Mil).

Citychamp Watch & Jewellery Group's annual retained earnings increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($395.6 Mil) and increased from Dec. 2022 ($395.6 Mil) to Dec. 2023 ($399.5 Mil).


Citychamp Watch & Jewellery Group Retained Earnings Historical Data

The historical data trend for Citychamp Watch & Jewellery Group'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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Citychamp Watch & Jewellery Group Retained Earnings Chart

Citychamp Watch & Jewellery Group 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 - - - 395.65 399.50

Citychamp Watch & Jewellery Group Semi-Annual Data
Jun14 Dec14 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 Premium Member Only - - 395.65 396.08 399.50

Citychamp Watch & Jewellery Group 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.


Citychamp Watch & Jewellery Group  (OTCPK:CEBTF) 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.


Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Business Description

Traded in Other Exchanges
Address
1 Austin Road West, Units 1902-04, Level 19, International Commerce Centre, Kowloon, Hong Kong, HKG
Citychamp Watch & Jewellery Group Ltd is a Hong Kong-based investment holding company principally engaged in watches and timepieces product businesses. It has three reportable segments namely manufacture and distribution of watches and timepieces, property investments, and banking and financial businesses. The company possesses proprietary brands, highlighted by Rossini and EBOHR, which both manufacture and sell their own branded watches throughout China. It also possesses renowned global watch brands Corum, Eterna, Rotary, Dreyfuss & Co, and J&T Windmills among others. Watches and timepieces are the major sources of revenue for the company.

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