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Secoo Holding (Secoo Holding) Retained Earnings : $-386.6 Mil (As of Jun. 2022)


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What is Secoo Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Secoo Holding's retained earnings for the quarter that ended in Jun. 2022 was $-386.6 Mil.

Secoo Holding's quarterly retained earnings declined from Jun. 2021 ($-194.1 Mil) to Dec. 2021 ($-278.2 Mil) and declined from Dec. 2021 ($-278.2 Mil) to Jun. 2022 ($-386.6 Mil).

Secoo Holding's annual retained earnings declined from Dec. 2019 ($-160.6 Mil) to Dec. 2020 ($-184.5 Mil) and declined from Dec. 2020 ($-184.5 Mil) to Dec. 2021 ($-278.2 Mil).


Secoo Holding Retained Earnings Historical Data

The historical data trend for Secoo Holding'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.

Secoo Holding Retained Earnings Chart

Secoo Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial -217.28 -186.06 -160.59 -184.49 -278.24

Secoo Holding Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Dec21 Jun22
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 -167.48 -184.49 -194.13 -278.24 -386.63

Secoo Holding 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.


Secoo Holding  (OTCPK:SECOY) 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.


Secoo Holding (Secoo Holding) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Courtyard Building 2, Sanlitun Road A, Chaoyang District, Beijing, CHN, 100027
Secoo Holding Ltd operates an online and offline shopping platform in China. It operates as an online retailer in China through the website, mobile applications, and offline experience centers in Beijing, Shanghai, Chengdu, Tianjin, Xiamen, Qingdao, and Malaysia. Also, the company is cooperating with brand boutiques such as Versace boutiques for its customers to pick up products ordered on its online platform. The majority of revenue is generated from its online business. Its geographical segments are China, Hongkong, and Others, of which the majority of the revenue is generated from China.

Secoo Holding (Secoo Holding) Headlines