Rubber Leaf (Rubber Leaf) Retained Earnings : $-3.94 Mil (As of Mar. 2024)

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What is Rubber Leaf Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rubber Leaf's retained earnings for the quarter that ended in Mar. 2024 was $-3.94 Mil.

Rubber Leaf's quarterly retained earnings declined from Sep. 2023 ($-2.41 Mil) to Dec. 2023 ($-3.22 Mil) and declined from Dec. 2023 ($-3.22 Mil) to Mar. 2024 ($-3.94 Mil).

Rubber Leaf's annual retained earnings increased from Dec. 2021 ($-2.58 Mil) to Dec. 2022 ($-1.82 Mil) but then declined from Dec. 2022 ($-1.82 Mil) to Dec. 2023 ($-3.22 Mil).

Rubber Leaf Retained Earnings Historical Data

The historical data trend for Rubber Leaf'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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Rubber Leaf Retained Earnings Chart

Rubber Leaf Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

-2.58

-1.82

-3.22

Rubber Leaf Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial						-2.02	-2.06	-2.41	-3.22	-3.94

Rubber Leaf 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.

Rubber Leaf (OTCPK:RLEA) 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.

Rubber Leaf (Rubber Leaf) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rubber Leaf Inc (OTCPK:RLEA) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qixing Road, Weng’ao Industrial Zone, Chunhu Subdistrict, Fenghua District Ningbo, Zhejiang, CHN

Website

http://www.rubberleaf.com.cn

Rubber Leaf Inc engages in the production and sales of synthetic rubber, rubber compound, car window seals, and auto parts. It derives revenue primarily through the sale of synthetic rubber, rubber compound, car window seals, and auto parts with two sales channels. The company managed and reviewed its business as two operating segments: direct supply and indirect supply models.

Executives

Hua Wang	director, officer: CFO	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Xingxiu Hua	director, 10 percent owner, officer: President	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Yongjun Hua	director	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701

Rubber Leaf (Rubber Leaf) Headlines

From GuruFocus

Insider Sell: President, 10% Owner Xingxiu Hua Sells 22,741 Shares of Rubber Leaf Inc (RLEA)

By GuruFocus Research • 09-09-2023