GULRF (Guoco Group) Retained Earnings: $9,688 Mil (As of Dec. 2025)

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.

GULRF Guoco Group Ltd GULRF
66 GF Score
Price $8.34
GF Value $9.28
! 3 Warning Signs
View Full Analysis

What is Guoco Group Retained Earnings?

Guoco Group GULRF -6.10% 66 Retained Earnings is $9,688 Mil as of Dec. 2025. GuruFocus rates GULRF with a GF Score™ of 66/100 and a GF Value™ of $9.28. The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Guoco Group's retained earnings for the quarter that ended in Dec. 2025 was $9,688 Mil.

Guoco Group's quarterly retained earnings increased from Dec. 2024 ($9,341 Mil) to Jun. 2025 ($9,563 Mil) and increased from Jun. 2025 ($9,563 Mil) to Dec. 2025 ($9,688 Mil).

Guoco Group's annual retained earnings increased from Jun. 2023 ($8,925 Mil) to Jun. 2024 ($9,234 Mil) and increased from Jun. 2024 ($9,234 Mil) to Jun. 2025 ($9,563 Mil).


Guoco Group  (OTCPK:GULRF) 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.


Guoco Group Retained Earnings Historical Data

* Premium members only.

The historical data trend for Guoco 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.

Guoco Group Retained Earnings Chart

Guoco 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 0.00 8,591.25 8,924.73 9,234.36 9,563.32

Guoco 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 8,985.41 9,234.36 9,341.28 9,563.32 9,688.32
GULRF
66GF Score
Guoco Group Ltd GULRF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guoco 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 $9,688 Mil mean?
Guoco Group (GULRF) has a Retained Earnings of $9,688 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Guoco Group and its competitors.
Is Guoco Group's Retained Earnings too high?
Guoco Group's current Retained Earnings is $9,688 Mil. Overall, Guoco Group has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Guoco Group's Retained Earnings compare to MMM and HON?
Guoco Group's Retained Earnings of $9,688 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Retained Earnings depends on the Conglomerates 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 Guoco Group and its competitors. Guoco Group's current Retained Earnings is $9,688 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guoco Group stock overvalued right now?
Guoco Group (GULRF) has a current Retained Earnings of $9,688 Mil. The stock's GF Value™ is $9.28, compared to a current price of $8.34 — trading 10.1% below its estimated fair value. The current Retained Earnings is $9,688 Mil. Guoco Group's overall GF Score™ is 66/100 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 Guoco Group (GULRF), the current Retained Earnings is $9,688 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 Guoco Group (GULRF) Overvalued in 2026?

Based on GuruFocus' analysis, Guoco Group stock appears to be undervalued. The current stock price of $8.34 is trading 10.1% below its estimated GF Value™ of $9.28.

Key valuation signals for GULRF:

  • Retained Earnings: $9,688 Mil
  • GF Value™: $9.28 vs. price of $8.34 (10.1% below fair value)
  • GF Score™: 66/100 with 3 warning signs

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


Guoco Group Business Description

Other Exchanges 00053:Hong KongGUO:Germany
Address 99 Queen\'s Road Central, 50th Floor, The Center, Hong Kong, HKG
Guoco Group Ltd is engaged in investment holding and management. The company operates in four main segments: principal investment, property development and investment, hospitality and leisure, and financial services. It generates additional revenue from oil and gas production. The principal investment segment covers direct and equity investments, as well as treasury operations. The property development and investment segment develops residential and commercial properties in Hong Kong, China, and other locations. The main revenue driver, the hospitality and leisure segment, owns, leases, and manages hotels and operates gaming businesses in the UK and Spain. The financial services segment includes commercial, consumer, and investment banking, as well as insurance services.
66GF Score

Get the complete analysis for GULRF

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

$8.34
Price
$9.28
GF Value