CBGH (China Yibai United Guarantee International Holding) Retained Earnings: $-3.06 Mil (As of Jun. 2004)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is China Yibai United Guarantee International Holding Retained Earnings?

China Yibai United Guarantee International Holding CBGH Retained Earnings is $-3.06 Mil as of Jun. 2004.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. China Yibai United Guarantee International Holding's retained earnings for the quarter that ended in Jun. 2004 was $-3.06 Mil.

China Yibai United Guarantee International Holding's quarterly retained earnings declined from Dec. 2003 ($-3.01 Mil) to Mar. 2004 ($-3.04 Mil) and declined from Mar. 2004 ($-3.04 Mil) to Jun. 2004 ($-3.06 Mil).

China Yibai United Guarantee International Holding's annual retained earnings increased from Sep. 2001 ($-3.33 Mil) to Sep. 2002 ($-3.10 Mil) and increased from Sep. 2002 ($-3.10 Mil) to Sep. 2003 ($-3.08 Mil).

China Yibai United Guarantee International Holding  (OTCPK:CBGH) 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.

China Yibai United Guarantee International Holding Retained Earnings Historical Data

* Premium members only.

The historical data trend for China Yibai United Guarantee International Holding'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.

China Yibai United Guarantee International Holding Retained Earnings Chart

China Yibai United Guarantee International Holding Annual Data
Trend Sep01 Sep02 Sep03
Retained Earnings
-3.33 -3.10 -3.08

China Yibai United Guarantee International Holding Quarterly Data
Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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 -3.03 -3.08 -3.01 -3.04 -3.06

China Yibai United Guarantee International Holding 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 $-3.06 Mil mean?
China Yibai United Guarantee International Holding (CBGH) has a Retained Earnings of $-3.06 Mil as of Jun. 2004. Retained earnings is the amount of net income not issued to shareholders. View historical data on China Yibai United Guarantee International Holding and its competitors.
Is China Yibai United Guarantee International Holding's Retained Earnings too high?
China Yibai United Guarantee International Holding's current Retained Earnings is $-3.06 Mil.
How does China Yibai United Guarantee International Holding's Retained Earnings compare to MRIN and IDAI?
China Yibai United Guarantee International Holding's Retained Earnings of $-3.06 Mil can be compared against companies in the Software 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 a Software company?
A good Retained Earnings depends on the Software 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 China Yibai United Guarantee International Holding and its competitors. China Yibai United Guarantee International Holding's current Retained Earnings is $-3.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Yibai United Guarantee International Holding stock overvalued right now?
China Yibai United Guarantee International Holding (CBGH) has a current Retained Earnings of $-3.06 Mil. The current Retained Earnings is $-3.06 Mil. 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 China Yibai United Guarantee International Holding (CBGH), the current Retained Earnings is $-3.06 Mil as of Jun. 2004. 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.

China Yibai United Guarantee International Holding Business Description

Address 106 - 7550 Birchmount Road, Markham, ON, CAN, L3R 6C6
China Yibai United Guarantee International Holding Inc through its subsidiary, provides mobile device users with on-demand cleaning and other home maintenance services for residential and commercial use through its TidyCall App. The platform includes two versions: TidyCall User for consumers using commercial cleaning services (CSUs) and TidyCall Provider for approved cleaning service providers (CSPs). TidyCall enables interaction between CSUs and CSPs through its on-demand interface, supported by a Two-Way Review/Rating System that allows both parties to rate and review each service discreetly, promoting productivity and service quality. It also uses Geo-Fencing technology to collect real-time geographic information of CSPs and CSUs during service requests, enhancing user safety.