Generation Development Group (ASX:GDG) Retained Earnings: A$-66.8 Mil (As of Dec. 2025)


ASX:GDG Generation Development Group Ltd ASX:GDG
57 GF Score
Price A$4.06
GF Value A$7.87
Valuation Possible Value Trap
! 3 Warning Signs
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What is Generation Development Group Retained Earnings?

Generation Development Group ASX:GDG +9.14% 57 Retained Earnings is A$-66.8 Mil as of Dec. 2025. GuruFocus rates ASX:GDG with a GF Score™ of 57/100 and a GF Value™ of A$7.87 (Possible Value Trap). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Generation Development Group's retained earnings for the quarter that ended in Dec. 2025 was A$-66.8 Mil.

Generation Development Group's quarterly retained earnings increased from Dec. 2024 (A$-81.6 Mil) to Jun. 2025 (A$-72.8 Mil) and increased from Jun. 2025 (A$-72.8 Mil) to Dec. 2025 (A$-66.8 Mil).

Generation Development Group's annual retained earnings declined from Jun. 2023 (A$-61.4 Mil) to Jun. 2024 (A$-80.3 Mil) but then increased from Jun. 2024 (A$-80.3 Mil) to Jun. 2025 (A$-72.8 Mil).


Generation Development Group  (ASX:GDG) 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.


Generation Development Group Retained Earnings Historical Data

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The historical data trend for Generation Development 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.

Generation Development Group Retained Earnings Chart

Generation Development Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.88 -49.94 -61.39 -80.30 -72.84

Generation Development Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -83.32 -80.30 -81.62 -72.84 -66.85
ASX:GDG
57GF Score
Generation Development Group Ltd ASX:GDG
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Generation Development 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of A$-66.8 Mil mean?
Generation Development Group (ASX:GDG) has a Retained Earnings of A$-66.8 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Generation Development Group and its competitors.
Is Generation Development Group's Retained Earnings too high?
Generation Development Group's current Retained Earnings is A$-66.8 Mil. Overall, Generation Development Group has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Generation Development Group's Retained Earnings compare to BLK and BX?
Generation Development Group's Retained Earnings of A$-66.8 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Asset Management company?
A good Retained Earnings depends on the Asset Management industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Generation Development Group and its competitors. Generation Development Group's current Retained Earnings is A$-66.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Development Group stock overvalued right now?
Based on GuruFocus' analysis, Generation Development Group (ASX:GDG) is currently considered Possible Value Trap. The stock's GF Value™ is A$7.87, compared to a current price of A$4.06 — trading 48.4% below its estimated fair value. The current Retained Earnings is A$-66.8 Mil. Generation Development Group's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Generation Development Group (ASX:GDG), the current Retained Earnings is A$-66.8 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Generation Development Group (ASX:GDG) Overvalued in 2026?

Based on GuruFocus' analysis, Generation Development Group stock appears to be undervalued. The current stock price of A$4.06 is trading 48.4% below its estimated GF Value™ of A$7.87. GuruFocus considers Generation Development Group to be Possible Value Trap.

Key valuation signals for ASX:GDG:

  • Retained Earnings: A$-66.8 Mil
  • GF Value™: A$7.87 vs. price of A$4.06 (48.4% below fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the ASX:GDG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Generation Development Group Business Description

Address 447 Collins Street, Level 17, Melbourne, VIC, AUS, 3000
Founded in 1991, Generation originally operated as a pooled development fund, focusing on providing capital to businesses in financial services. Today, the firm is structured across three key business lines within wealth management. The first is through Generation Life, the market leader in investment bonds by in-flows, which offers tax-effective products, including investment bonds and annuities. The second business line is Lonsec, a prominent research and ratings provider to the Australian financial services sector, competing against Morningstar and Zenith. The third division provides managed account solutions, a result of the merger between Evidentia and Lonsec Investment Solutions, offering individually owned accounts professionally managed by experienced portfolio managers.
57GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$4.06
Price
A$7.87
GF Value