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Wealthcraft Capital (Wealthcraft Capital) Retained Earnings : $-9.14 Mil (As of Sep. 2023)


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What is Wealthcraft Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wealthcraft Capital's retained earnings for the quarter that ended in Sep. 2023 was $-9.14 Mil.

Wealthcraft Capital's quarterly retained earnings declined from Sep. 2022 ($0.00 Mil) to Mar. 2023 ($-9.02 Mil) and declined from Mar. 2023 ($-9.02 Mil) to Sep. 2023 ($-9.14 Mil).

Wealthcraft Capital's annual retained earnings declined from Dec. 2006 ($-0.89 Mil) to Dec. 2007 ($-7.42 Mil) and declined from Dec. 2007 ($-7.42 Mil) to Dec. 2008 ($-8.07 Mil).


Wealthcraft Capital Retained Earnings Historical Data

The historical data trend for Wealthcraft Capital'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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Wealthcraft Capital Retained Earnings Chart

Wealthcraft Capital Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Retained Earnings
Get a 7-Day Free Trial -0.03 -0.03 -0.89 -7.42 -8.07

Wealthcraft Capital Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Sep15 Mar16 Jun16 Sep16 Mar22 Sep22 Mar23 Sep23
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 -7.65 - - -9.02 -9.14

Wealthcraft Capital 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.


Wealthcraft Capital  (OTCPK:WCCP) 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.


Wealthcraft Capital (Wealthcraft Capital) Business Description

Traded in Other Exchanges
N/A
Address
300 South Park Avenue, Suite 818, Pomona, CA, USA, 91766
Wealthcraft Capital Inc operates through its subsidiary which is engaged in providing security services for commercial, retail, and industrial customers, with customized services and special patrol methods applicable to the cannabis industry.
Executives
Li Jenny Xiao Zhen officer: CFO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Hulleman Curtis Cornelius director, 10 percent owner, officer: Director and CIO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Tallas Kelly Jay Michael director, 10 percent owner, officer: President & CEO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR

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