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Beijing VRV Software (SZSE:300352) Retained Earnings : ¥-260.7 Mil (As of Mar. 2024)


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What is Beijing VRV Software Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Beijing VRV Software's retained earnings for the quarter that ended in Mar. 2024 was ¥-260.7 Mil.

Beijing VRV Software's quarterly retained earnings increased from Sep. 2023 (¥-268.4 Mil) to Dec. 2023 (¥-263.7 Mil) and increased from Dec. 2023 (¥-263.7 Mil) to Mar. 2024 (¥-260.7 Mil).

Beijing VRV Software's annual retained earnings declined from Dec. 2021 (¥-82.7 Mil) to Dec. 2022 (¥-269.7 Mil) but then increased from Dec. 2022 (¥-269.7 Mil) to Dec. 2023 (¥-263.7 Mil).


Beijing VRV Software Retained Earnings Historical Data

The historical data trend for Beijing VRV Software'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.

Beijing VRV Software Retained Earnings Chart

Beijing VRV Software 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 348.66 363.81 -82.72 -269.67 -263.66

Beijing VRV Software 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 -268.19 -266.74 -268.38 -263.66 -260.73

Beijing VRV Software 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.


Beijing VRV Software  (SZSE:300352) 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.


Beijing VRV Software (SZSE:300352) Business Description

Traded in Other Exchanges
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Address
Beijing Zhongguancun South Street, Zhongguancun Science and Technology Development, Building 34, Room 1602, Block C, Haidian District, Beijing, CHN, 100081
Beijing VRV Software Corp Ltd is engaged in developing, manufacturing & selling of information security software products and services. The company provides data applications, mobile management systems, domestic terminal security systems, border security products, Intranet security products, anti-virus software, and data security products.
Executives
Wang Xiao Na Directors, executives
Yang Jie Directors, executives
Yang Wei Executives
Hu Jian Bin Director
Gao Xi Directors, executives
Lin Hao Directors, executives
Ma Cheng Dong Supervisors
Ha Lian Qin Supervisors
Shen Jian Fei Independent director
Zhao Zhan Sheng Independent director

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