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SJM Holdings (SJM Holdings) Retained Earnings : $-156 Mil (As of Dec. 2023)


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What is SJM Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SJM Holdings's retained earnings for the quarter that ended in Dec. 2023 was $-156 Mil.

SJM Holdings's quarterly retained earnings stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then declined from Sep. 2023 ($0 Mil) to Dec. 2023 ($-156 Mil).

SJM Holdings's annual retained earnings declined from Dec. 2021 ($1,061 Mil) to Dec. 2022 ($64 Mil) and declined from Dec. 2022 ($64 Mil) to Dec. 2023 ($-156 Mil).


SJM Holdings Retained Earnings Historical Data

The historical data trend for SJM Holdings'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.

* Premium members only.

SJM Holdings Retained Earnings Chart

SJM Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,061.18 64.29 -156.11

SJM Holdings Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - -156.11 -

SJM Holdings 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.


SJM Holdings  (OTCPK:SJMHY) 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.


SJM Holdings (SJM Holdings) Business Description

Traded in Other Exchanges
Address
Nos. 168 – 200 Connaught Road Central, 18th Floor, China Merchants Tower, Shun Tak Centre, Central, HKG
SJM Holdings is one of six casino license holders in Macao. It operates Grand Lisboa casino in the peninsula and Grand Lisboa Palace in Cotai, the latter was opened in July 2021. In addition to self-promoted casinos, there are also nine satellite casinos operating under SJM's gaming license currently.

SJM Holdings (SJM Holdings) Headlines

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