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FEBO (Fenbo Holdings) Retained Earnings : $3.43 Mil (As of Jun. 2024)


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What is Fenbo Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fenbo Holdings's retained earnings for the quarter that ended in Jun. 2024 was $3.43 Mil.

Fenbo Holdings's quarterly retained earnings declined from Jun. 2023 ($3.88 Mil) to Dec. 2023 ($3.68 Mil) and declined from Dec. 2023 ($3.68 Mil) to Jun. 2024 ($3.43 Mil).

Fenbo Holdings's annual retained earnings declined from Dec. 2021 ($4.04 Mil) to Dec. 2022 ($3.88 Mil) and declined from Dec. 2022 ($3.88 Mil) to Dec. 2023 ($3.68 Mil).

Fenbo Holdings Retained Earnings Historical Data

The historical data trend for Fenbo Holdings'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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Fenbo Holdings Retained Earnings Chart

Fenbo Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
4.40 4.04 3.88 3.68

Fenbo Holdings Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only 3.80 3.88 3.88 3.68 3.43

Fenbo Holdings 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.

Fenbo Holdings  (NAS:FEBO) 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.

Fenbo Holdings Business Description

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Address
Unit J, 19/F, World Tech Centre, 95 How Ming Street, Kwun Tong, Kowloon, HKG
Website
https://www.fenbo.com
Fenbo Holdings Ltd is a company engaged in producing premium personal care electric appliances principally electrical hair styling products such as straighteners, curlers, trimmers, etc., and toy products to overseas markets. It manufactures and sells products such as Straightener, Mini Straightener, and Curling Iron.