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Hainan Manaslu Acquisition (Hainan Manaslu Acquisition) Retained Earnings : $-2.09 Mil (As of Dec. 2022)


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What is Hainan Manaslu Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hainan Manaslu Acquisition's retained earnings for the quarter that ended in Dec. 2022 was $-2.09 Mil.

Hainan Manaslu Acquisition's quarterly retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-0.04 Mil) but then declined from Dec. 2021 ($-0.04 Mil) to Dec. 2022 ($-2.09 Mil).

Hainan Manaslu Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-0.04 Mil) but then declined from Dec. 2021 ($-0.04 Mil) to Dec. 2022 ($-2.09 Mil).


Hainan Manaslu Acquisition Retained Earnings Historical Data

The historical data trend for Hainan Manaslu 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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Hainan Manaslu Acquisition Retained Earnings Chart

Hainan Manaslu Acquisition Annual Data
Trend Dec21 Dec22
Retained Earnings
-0.04 -2.09

Hainan Manaslu Acquisition Semi-Annual Data
Dec21 Dec22
Retained Earnings -0.04 -2.09

Hainan Manaslu 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.


Hainan Manaslu Acquisition  (NAS:HMACU) 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.


Hainan Manaslu Acquisition (Hainan Manaslu Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
11 Guoxing Avenue, B3406, 34th Floor, West Tower, Block B, Guorui Building, Hainan Province, Haikou, CHN, 570203
Website
Hainan Manaslu Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Zhifan Zhou director, 10 percent owner, officer: Chief Executive Officer B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
Bright Winlong Llc 10 percent owner B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
John Roumeliotis director B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
Wenyi Shen officer: Chief Financial Officer B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
Hong Ma director B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
Xun Zhang director, officer: Chief Investment Officer B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000
Kun-lin Liu director B3406, 34F, WEST TOWER, BLOCK B, GUORUI BUILDING 11 GUOXING AVENUE, HAIKOU, HAINAN PROVINCE F4 00000