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HTCO (High-Trend International Group) Retained Earnings : $-28.6 Mil (As of Oct. 2024)


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What is High-Trend International Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. High-Trend International Group's retained earnings for the quarter that ended in Oct. 2024 was $-28.6 Mil.

High-Trend International Group's quarterly retained earnings declined from Oct. 2023 ($-5.0 Mil) to Apr. 2024 ($-5.7 Mil) and declined from Apr. 2024 ($-5.7 Mil) to Oct. 2024 ($-28.6 Mil).

High-Trend International Group's annual retained earnings declined from Oct. 2022 ($4.4 Mil) to Oct. 2023 ($-5.0 Mil) and declined from Oct. 2023 ($-5.0 Mil) to Oct. 2024 ($-28.6 Mil).


High-Trend International Group Retained Earnings Historical Data

The historical data trend for High-Trend International Group'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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High-Trend International Group Retained Earnings Chart

High-Trend International Group Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24
Retained Earnings
-4.88 0.43 4.38 -4.96 -28.55

High-Trend International Group Semi-Annual Data
Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Retained Earnings Get a 7-Day Free Trial Premium Member Only 4.38 0.06 -4.96 -5.73 -28.55

High-Trend International Group 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.


High-Trend International Group  (NAS:HTCO) 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.


High-Trend International Group Business Description

Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, No. 06-17, Paya Lebar Square, Hong Kong, SGP, 409051
High-Trend International Group formerly Caravelle International Group is an international operator of ocean transportation services. It is engaged in the seaborne transportation service under voyage contracts as well as vessel service for and on behalf of ship owners. The company has two operating segments namely, ocean transport and Heating business. The company derives the majority of its revenue from the Ocean transportation business. The company derives freight revenue from voyage contracts and provides vessel service. Majority of revenue is from providing shipping services for customers in Asia, principally in Singapore, Dubai, Korea, Japan, and India.