SHMP (NaturalShrimp) Retained Earnings : $-186.72 Mil (As of Jun. 2024)

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What is NaturalShrimp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NaturalShrimp's retained earnings for the quarter that ended in Jun. 2024 was $-186.72 Mil.

NaturalShrimp's quarterly retained earnings declined from Sep. 2023 ($-172.95 Mil) to Mar. 2024 ($-183.79 Mil) and declined from Mar. 2024 ($-183.79 Mil) to Jun. 2024 ($-186.72 Mil).

NaturalShrimp's annual retained earnings declined from Mar. 2022 ($-150.04 Mil) to Mar. 2023 ($-167.53 Mil) and declined from Mar. 2023 ($-167.53 Mil) to Mar. 2024 ($-183.79 Mil).

NaturalShrimp Retained Earnings Historical Data

The historical data trend for NaturalShrimp'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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NaturalShrimp Retained Earnings Chart

NaturalShrimp Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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-46.43

-53.68

-150.04

-167.53

-183.79

NaturalShrimp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															-167.53	-170.24	-172.95	-183.79	-186.72

NaturalShrimp 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.

NaturalShrimp (OTCPK:SHMP) 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.

NaturalShrimp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NaturalShrimp Inc (OTCPK:SHMP) » Definitions » Retained Earnings

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Address

13601 Preston Road, Suite E1092, Dallas, TX, USA, 75240

Website

https://www.naturalshrimp.com

NaturalShrimp Inc is a shrimp farming biotechnology company. The firm with its subsidiaries develops proprietary technologies for the growth and sale of natural shrimp indoors without the use of antibiotics or toxic materials. Its products include Vibrio suppression technology and Automated monitoring and control system. Its production facilities are located in La Coste, Texas and Webster City, Iowa.

Executives

Gerald Easterling	director, officer: President & Secretary	C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Thomas Untermeyer	officer: Chief Technology Officer	C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Naturalshrimp Holdings Inc	10 percent owner	833 CR 583, La Coste TX 78039
Bill G. Williams	director, officer: Chief Executive Officer	C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Alexander Baez	officer: Chief Financial Officer	C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
William J Delgado	director, officer: President, Sec. & Treasurer	7154 SUTTER AVENUE, CARMICHAEL CA 95608
Dragon Acquisitions Llc	10 percent owner	989 TAHOE BLVD., UNIT 64L, INCLINE VILLAGE NV 89541
Walter Brenner	director, officer: CEO	1030 DENMAN STREET, SUITE 125A, VANCOUVER A1 V6G 2M6
Andrew Rybacha	director	12F WORLD TRADE CENTRE, #25 TONGXING ST., ZHONGSHAN DISTRICT, DALIAN F4 116001
Hui Deng	officer: Secretary	12F WORLD TRADE CENTRE, #25 TONGXING ST., ZONGSHAN DISTRICT, DALIAN F4 116001
Yuan Kun Deng	director, officer: President	12F, WORLD TRADE CENTER, NO. 25 TONGXING ST., DALIAN F4 116001