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Glorywin Entertainment Group (Glorywin Entertainment Group) Retained Earnings : $-4.04 Mil (As of Dec. 2017)


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What is Glorywin Entertainment Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Glorywin Entertainment Group's retained earnings for the quarter that ended in Dec. 2017 was $-4.04 Mil.

Glorywin Entertainment Group's quarterly retained earnings stayed the same from Jun. 2017 ($-4.04 Mil) to Sep. 2017 ($-4.04 Mil) and stayed the same from Sep. 2017 ($-4.04 Mil) to Dec. 2017 ($-4.04 Mil).

Glorywin Entertainment Group's annual retained earnings increased from Mar. 2014 ($-0.12 Mil) to Mar. 2015 ($0.95 Mil) but then declined from Mar. 2015 ($0.95 Mil) to Mar. 2016 ($-1.96 Mil).


Glorywin Entertainment Group Retained Earnings Historical Data

The historical data trend for Glorywin Entertainment 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.

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Glorywin Entertainment Group Retained Earnings Chart

Glorywin Entertainment Group Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16
Retained Earnings
-0.02 -0.06 -0.12 0.95 -1.96

Glorywin Entertainment Group Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Jun17 Sep17 Dec17
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 -2.01 -2.02 -4.04 -4.04 -4.04

Glorywin Entertainment 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.


Glorywin Entertainment Group  (OTCPK:GWIN) 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.


Glorywin Entertainment Group (Glorywin Entertainment Group) Business Description

Traded in Other Exchanges
N/A
Address
2620 S. Maryland Avenue, Suite 1019, Las Vegas, NV, USA, 89109
Glorywin Entertainment Group Inc currently has no operations. Previously it was engaged inis a 3D bioprinting technology research and development, and anti-cancer drug research and development.

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