Ninetowns Internet Technology Group Company Retained Earnings:20.24M for Dec. 31, 2012
Ninetowns Internet Technology Group Company Retained Earnings Chart
Ninetowns Internet Technology Group Company Historical Retained Earnings DataPro Data Export
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About Retained Earnings
The net income that remains after paying dividends. It is reported on the balance sheet as the cumulative sum of each year's retained earnings over the life of the business. Retained earnings can be used to pay debt and future dividends, or can be reinvested into business activities.
The "retained" refers to the earnings after paying out dividends. Companies with increasing retained earnings is good, because it means the company is staying consistently profitable. If a company has a yearly loss, this number is subtracted from retained earnings.
If a company's annual net income was 5 million, paid out 3 million in dividends, and had a retained earnings of 9 million, retained earnings at the end of 2012 would be 11 million (5-3+9). Similarly if next year the company paid no dividends but had a yearly net income loss of 5 million, retained earnings would be 6 million (11-5).
NINE Retained Earnings Benchmarks
|Mam Software Group||-14.81M|
NINE Retained Earnings Rankings
2415 of 8006
321 of 952 in Technology
12 of 35 in Software - Infrastructure
NINE Retained Earnings Range, Past 5 Years
PR Newswire Apr 24
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Benzinga Apr 4
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