HK eBus (HK eBus) Retained Earnings : $-7.29 Mil (As of Nov. 2018)

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What is HK eBus Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HK eBus's retained earnings for the quarter that ended in Nov. 2018 was $-7.29 Mil.

HK eBus's quarterly retained earnings declined from May. 2018 ($-7.27 Mil) to Aug. 2018 ($-7.28 Mil) and declined from Aug. 2018 ($-7.28 Mil) to Nov. 2018 ($-7.29 Mil).

HK eBus's annual retained earnings declined from May. 2016 ($-7.22 Mil) to May. 2017 ($-7.25 Mil) and declined from May. 2017 ($-7.25 Mil) to May. 2018 ($-7.27 Mil).

HK eBus Retained Earnings Historical Data

The historical data trend for HK eBus'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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HK eBus Retained Earnings Chart

HK eBus Annual Data

Trend

May09

May10

May11

May12

May13

May14

May15

May16

May17

May18

Retained Earnings

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-7.15

-7.18

-7.22

-7.25

-7.27

HK eBus Quarterly Data
	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18
Retained Earnings	Get a 7-Day Free Trial															-7.26	-7.27	-7.27	-7.28	-7.29

HK eBus 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.

HK eBus (GREY:HKEB) 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.

HK eBus (HK eBus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HK eBus Corp (GREY:HKEB) » Definitions » Retained Earnings

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Address

800 East Colorado Boulevard, Suite 888, Pasadena, CA, USA, 91101

Website

HK eBus Corp is a shell company.

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