UTour Group Co (SZSE:002707) Retained Earnings : ¥-1,188 Mil (As of Sep. 2024)

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What is UTour Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. UTour Group Co's retained earnings for the quarter that ended in Sep. 2024 was ¥-1,188 Mil.

UTour Group Co's quarterly retained earnings increased from Mar. 2024 (¥-1,284 Mil) to Jun. 2024 (¥-1,240 Mil) and increased from Jun. 2024 (¥-1,240 Mil) to Sep. 2024 (¥-1,188 Mil).

UTour Group Co's annual retained earnings declined from Dec. 2021 (¥-1,061 Mil) to Dec. 2022 (¥-1,287 Mil) but then increased from Dec. 2022 (¥-1,287 Mil) to Dec. 2023 (¥-1,256 Mil).

UTour Group Co Retained Earnings Historical Data

The historical data trend for UTour Group 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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UTour Group Co Retained Earnings Chart

UTour Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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883.92

-598.33

-1,061.28

-1,286.65

-1,255.56

UTour Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-1,272.51	-1,255.56	-1,283.61	-1,239.89	-1,188.16

UTour Group 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.

UTour Group Co (SZSE:002707) 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.

UTour Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » UTour Group Co Ltd (SZSE:002707) » Definitions » Retained Earnings

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Address

No. 8 Chaoyang Park Road, West 2nd Gate, Chaoyang Park, Chaoyang District, Beijing, CHN, 100125

Website

http://www.utourworld.com

UTour Group Co Ltd is a Chinese company operating as a travel agency. It operates a professional travel service e-commerce website, provides tourists with team travel, hotel reservations, and membership services. The company is mainly engaged in outbound travel wholesale, outbound travel retail, integrated marketing services, long-distance outbound travels in various countries.

Executives

Feng Bin	Directors, executives
Zhang Yi Man	Directors, executives
Wang Chun Feng	Executives
Guo Hong Bin	Director
Wang Wei Wei	Supervisors
Han Li	Directors, executives
Cao Jian	Directors, executives
Zhang Lei	Executives
Zhao Rui	Executives
Li Hong Xiu	Supervisors
Du Zheng Tai	Executives
Wang Feng	Secretary Dong
Hu Ping	Securities Affairs Representative
Lin Yan	Directors, executives
He Jing	Directors, executives

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