CLNV (Clean Vision) Retained Earnings : $-40.37 Mil (As of Sep. 2024)

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What is Clean Vision Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Clean Vision's retained earnings for the quarter that ended in Sep. 2024 was $-40.37 Mil.

Clean Vision's quarterly retained earnings declined from Mar. 2024 ($-34.88 Mil) to Jun. 2024 ($-38.82 Mil) and declined from Jun. 2024 ($-38.82 Mil) to Sep. 2024 ($-40.37 Mil).

Clean Vision's annual retained earnings declined from Dec. 2021 ($-13.17 Mil) to Dec. 2022 ($-19.08 Mil) and declined from Dec. 2022 ($-19.08 Mil) to Dec. 2023 ($-34.83 Mil).

Clean Vision Retained Earnings Historical Data

The historical data trend for Clean Vision'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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Clean Vision Retained Earnings Chart

Clean Vision Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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0.66

-7.13

-13.17

-19.08

-34.83

Clean Vision Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-27.02	-34.83	-34.88	-38.82	-40.37

Clean Vision 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.

Clean Vision (OTCPK:CLNV) 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.

Clean Vision Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Clean Vision Corp (OTCPK:CLNV) » Definitions » Retained Earnings

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Address

2711 N. Sepulveda Boulevard, Suite 1051, Manhattan Beach, CA, USA, 90266

Website

https://www.cleanvisioncorp.com

Clean Vision Corp is a new entrant in the clean energy and waste-to-energy industries focused on clean technology and sustainability opportunities. It is focused on providing a solution to the plastic waste problem by recycling the waste and converting it into saleable byproducts, such as hydrogen and other clean-burning fuels. Using a technology known as pyrolysis, which heats the feedstock at high temperatures in the absence of oxygen so that the material does not burn, It is able to turn the feedstock into (i) clean fuels, (ii) clean hydrogen and (iii) carbon black or char.

Executives

Jukun Huang	director	NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Feng Gu	director, officer: Chief Executive Officer	NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Shubin Wang	director	NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Yan Zheng	officer: Chief Financial Officer	NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Liming Gong	director	NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Laifu Zhong	director	NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Xun Yuan	director	NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620