China Lilang (HKSE:01234) Retained Earnings : HK$3,891 Mil (As of Dec. 2023)

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What is China Lilang Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. China Lilang's retained earnings for the quarter that ended in Dec. 2023 was HK$3,891 Mil.

China Lilang's quarterly retained earnings increased from Dec. 2022 (HK$3,771 Mil) to Jun. 2023 (HK$3,826 Mil) and increased from Jun. 2023 (HK$3,826 Mil) to Dec. 2023 (HK$3,891 Mil).

China Lilang's annual retained earnings declined from Dec. 2021 (HK$4,004 Mil) to Dec. 2022 (HK$3,771 Mil) but then increased from Dec. 2022 (HK$3,771 Mil) to Dec. 2023 (HK$3,891 Mil).

China Lilang Retained Earnings Historical Data

The historical data trend for China Lilang'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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China Lilang Retained Earnings Chart

China Lilang Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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4,004.28

3,770.64

3,891.00

China Lilang 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															4,004.28	-	3,770.64	3,826.32	3,891.00

China Lilang 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.

China Lilang (HKSE:01234) 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.

China Lilang (HKSE:01234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Lilang Ltd (HKSE:01234) » Definitions » Retained Earnings

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Traded in Other Exchanges

5LX:Germany

Address

200 Chang Xing Road, Lilang Industrial Park, Fujian Province, Jinjiang, CHN, 362200

Website

https://www.lilanz.com

China Lilang Ltd manufactures business and casual menswear apparel, with roughly two thirds of revenue coming from tops. China Lilang sells its products under the Lilanz brand, which generates the vast majority of the company's revenue, and the L2 brand. All the company's sales are made in China. China Lilang wholesales its products to distributors who operate thousands of Lilanz-branded and L2-branded retail stores. China Lilang also has two self-operated flagship retail stores and sells its products through its own and third-party e-commerce platforms.

Executives

Xiao Sheng International Limited

2101 Beneficial owner

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