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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Haichang Ocean Park Holdings's retained earnings for the quarter that ended in Dec. 2025 was $-405.6 Mil.
Haichang Ocean Park Holdings's quarterly retained earnings
declined
from Dec. 2024 ($-261.1 Mil) to Jun. 2025 ($-305.8 Mil) and
declined
from Jun. 2025 ($-305.8 Mil) to Dec. 2025 ($-405.6 Mil).
Haichang Ocean Park Holdings's annual retained earnings
declined
from Dec. 2023 ($-162.6 Mil) to Dec. 2024 ($-261.1 Mil) and
declined
from Dec. 2024 ($-261.1 Mil) to Dec. 2025 ($-405.6 Mil).
Haichang Ocean Park Holdings (OTCPK:HCGOF) 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.
Haichang Ocean Park Holdings Retained Earnings Historical Data
* 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.
Haichang Ocean Park Holdings Retained Earnings Chart
Haichang Ocean Park 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.
What does a Retained Earnings of $-405.6 Mil mean?
Haichang Ocean Park Holdings (HCGOF) has a Retained Earnings of $-405.6 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Haichang Ocean Park Holdings and its competitors.
Is Haichang Ocean Park Holdings' Retained Earnings too high?
Haichang Ocean Park Holdings' current Retained Earnings is $-405.6 Mil. Overall, Haichang Ocean Park Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Haichang Ocean Park Holdings' Retained Earnings compare to AS and HAS?
Haichang Ocean Park Holdings' Retained Earnings of $-405.6 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure 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 Haichang Ocean Park Holdings and its competitors. Haichang Ocean Park Holdings's current Retained Earnings is $-405.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haichang Ocean Park Holdings stock overvalued right now?
Haichang Ocean Park Holdings (HCGOF) has a current Retained Earnings of $-405.6 Mil. The stock's GF Value™ is $0.29, compared to a current price of $0.16 — trading 44.8% below its estimated fair value. The current Retained Earnings is $-405.6 Mil. Haichang Ocean Park Holdings' overall GF Score™ is 40/100 with 6 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 Haichang Ocean Park Holdings (HCGOF), the current Retained Earnings is $-405.6 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 Haichang Ocean Park Holdings (HCGOF) Overvalued in 2026?
Based on GuruFocus' analysis, Haichang Ocean Park Holdings stock appears to be undervalued.
The current stock price of $0.16 is trading 44.8% below its estimated GF Value™ of $0.29.
Key valuation signals for HCGOF:
Retained Earnings: $-405.6 Mil
GF Value™: $0.29 vs. price of $0.16 (44.8% below fair value)
No single metric tells the full story. See the HCGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Haichang Ocean Park Holdings Ltd is a leisure company focused on theme parks. The company operates several theme parks in China with ocean, adventure, and water themes. In addition to theme parks, Haichang owns ancillary commercial properties adjacent to its theme parks that offer complementary services. The company's theme parks and surrounding properties provide rides, sightseeing, entertainment, dining, and shopping experiences. Ocean-themed parks, the style in which Haichang themes its parks, focus on marine animal breeding and conservation. Its reportable operating segments include Park Operations, which generates maximum revenue, Operation as a service, and Property Development. Nearly all of its revenue comes from Mainland China.
40GF Score
Get the complete analysis for HCGOF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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