Roma Green Finance (Roma Green Finance) Retained Earnings

: $-0.23 Mil (As of Mar. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Roma Green Finance's retained earnings for the quarter that ended in Mar. 2023 was $-0.23 Mil.

Roma Green Finance's quarterly retained earnings declined from Mar. 2022 ($-0.10 Mil) to Sep. 2022 ($-0.19 Mil) and declined from Sep. 2022 ($-0.19 Mil) to Mar. 2023 ($-0.23 Mil).

Roma Green Finance's annual retained earnings declined from Mar. 2021 ($0.03 Mil) to Mar. 2022 ($-0.10 Mil) and declined from Mar. 2022 ($-0.10 Mil) to Mar. 2023 ($-0.23 Mil).

Roma Green Finance Retained Earnings Historical Data

The historical data trend for Roma Green Finance'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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Roma Green Finance Annual Data

Trend

Mar21

Mar22

Mar23

Retained Earnings

0.03

-0.10

-0.23

Roma Green Finance Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23
Retained Earnings	0.03	-	-0.10	-0.19	-0.23

Roma Green Finance 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.

Roma Green Finance (NAS:ROMA) 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.

Roma Green Finance (Roma Green Finance) Business Description

Industry

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Address

8 Fleming Road, Flat 605, 6 Floor, Tai Tung Building, Wanchai, Hong Kong, HKG

Website

http://www.romaesg.com

Roma Green Finance Ltd is principally engaged in the provision of ESG, corporate governance and risk management as well as sustainability and climate change-related advisory services. The company works closely with its clients to help them understand, identify, manage and overcome various business matters arising from such factors related to ESG, sustainability and climate change. it provides tailored-made sustainability solutions to meet the client's specific needs. Its mission is to provide its clients with a one-stop destination for high-quality and holistic sustainability and climate change-related consulting services to support a more sustainable, balanced and inclusive future for our clients' organizations and the world.

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