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AiXin Life International (AiXin Life International) Retained Earnings : $-17.22 Mil (As of Dec. 2023)


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What is AiXin Life International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AiXin Life International's retained earnings for the quarter that ended in Dec. 2023 was $-17.22 Mil.

AiXin Life International's quarterly retained earnings declined from Jun. 2023 ($-15.76 Mil) to Sep. 2023 ($-16.20 Mil) and declined from Sep. 2023 ($-16.20 Mil) to Dec. 2023 ($-17.22 Mil).

AiXin Life International's annual retained earnings declined from Dec. 2021 ($-8.88 Mil) to Dec. 2022 ($-15.25 Mil) and declined from Dec. 2022 ($-15.25 Mil) to Dec. 2023 ($-17.22 Mil).


AiXin Life International Retained Earnings Historical Data

The historical data trend for AiXin Life International'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.

AiXin Life International Retained Earnings Chart

AiXin Life International Annual Data
Trend May14 May15 May16 May17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.84 -4.97 -8.88 -15.25 -17.22

AiXin Life International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -15.25 -15.66 -15.76 -16.20 -17.22

AiXin Life International 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.


AiXin Life International  (OTCPK:AIXN) 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.


AiXin Life International (AiXin Life International) Business Description

Traded in Other Exchanges
N/A
Address
No. 69 Qingyun South Avenue, 14th Floor, Hongxing International Business Building 2, Jinjiang District, Sichuan Province, Chengdu, CHN
AiXin Life International Inc manufactures, market and sell premium-quality healthcare, nutritional products and wellness supplements, including herbs and greens, traditional Chinese remedies, functional products, such as weight management products, probiotics, foods and drinks. The operating segments are Advertising and products, Pharmacies, Hotel, and Manufacture and sale It also provides advertising and marketing services to certain manufacturers and distributors of the products it sells.
Executives
Hsin-liang Christopher Lee director 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO LI COUNTY, CHU-HAN F5 F5 350
Guolu Li officer: Chief Financial Officer NO.69 QINGYUN SOUTH AVE., JINJIANG DIST., CHENGDU CITY F4 XXXXX
Yao-te Wang director 704 NO.9 LANE 14, SHIJIAN STREET, TAINAN CITY F5 XXXXX
Quanzhong Lin director, 10 percent owner, officer: President and CEO 9 AN RONG LU JINGNIU, BLDG 4 UNIT 163, CHENGDU F4 XXXXX
Algodon Wines & Luxury Development Group, Inc. 10 percent owner 112 NE 41ST STREET, SUITE 106, MIAMI FL 33137
Maria I. Echevarria officer: CFO 135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010
Scott L Mathis director, officer: CEO and President 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Lawrence Peter J.l. director FLAT 6, STAVORDALE LODGE, 10-12 MELBURY ROAD, LONDON X0 W14 8LW
Diversified Private Equity Corp 10 percent owner 135 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Ronald S Robbins officer: Exec. VP and COO 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Tim F Holderbaum officer: Exec. VP and CFO 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Julian Beale director 14 MARTIN COURT, UNIT #5, TOORAK, VICTORIA C3 3142
Thomas A Higgins director, 10 percent owner 1005 COBBLESTONE DR., HIGHLANDS RANCH CO 80126
Allan Bergenfield director, 10 percent owner
Robert Marsik director, 10 percent owner, officer: President

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