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ASPAC I Acquisition (ASPAC I Acquisition) Retained Earnings : $-5.67 Mil (As of Dec. 2023)


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What is ASPAC I Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ASPAC I Acquisition's retained earnings for the quarter that ended in Dec. 2023 was $-5.67 Mil.

ASPAC I Acquisition's quarterly retained earnings declined from Jun. 2023 ($-3.70 Mil) to Sep. 2023 ($-4.35 Mil) and declined from Sep. 2023 ($-4.35 Mil) to Dec. 2023 ($-5.67 Mil).

ASPAC I Acquisition's annual retained earnings increased from Dec. 2021 ($-0.00 Mil) to Dec. 2022 ($0.50 Mil) but then declined from Dec. 2022 ($0.50 Mil) to Dec. 2023 ($-5.67 Mil).


ASPAC I Acquisition Retained Earnings Historical Data

The historical data trend for ASPAC I Acquisition'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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ASPAC I Acquisition Retained Earnings Chart

ASPAC I Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
- 0.50 -5.67

ASPAC I Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.50 -3.06 -3.70 -4.35 -5.67

ASPAC I Acquisition 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.


ASPAC I Acquisition  (NAS:ASCA) 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.


ASPAC I Acquisition (ASPAC I Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
10 Marina Boulevard, Tower 2, Level 39, Marina Bay Financial Centre, Singapore, SGP, 018983
Website
ASPAC I Acquisition Corp is a blank check company .
Executives
Claudius Tsang officer: CEO and CFO WICKHAMS CAY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000
Spac (holdings) Acquisition Corp. 10 percent owner CHEUNG KONG CENTER, 58 FLOOR, UNIT 5801, 2 QUEENS ROAD CENTRAL, CENTRAL K3 00000
John Brebeck director LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983
Abuzzal Abusaeri director LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983
Giang Hoang Nguyen director LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983

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