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Vitasoy International Holdings (HKSE:00345) Retained Earnings : HK$2,263 Mil (As of Sep. 2024)


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What is Vitasoy International Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vitasoy International Holdings's retained earnings for the quarter that ended in Sep. 2024 was HK$2,263 Mil.

Vitasoy International Holdings's quarterly retained earnings declined from Sep. 2023 (HK$2,196 Mil) to Mar. 2024 (HK$2,147 Mil) but then increased from Mar. 2024 (HK$2,147 Mil) to Sep. 2024 (HK$2,263 Mil).

Vitasoy International Holdings's annual retained earnings increased from Mar. 2022 (HK$0 Mil) to Mar. 2023 (HK$2,047 Mil) and increased from Mar. 2023 (HK$2,047 Mil) to Mar. 2024 (HK$2,147 Mil).


Vitasoy International Holdings Retained Earnings Historical Data

The historical data trend for Vitasoy International 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.

* Premium members only.

Vitasoy International Holdings Retained Earnings Chart

Vitasoy International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2,046.55 2,147.35

Vitasoy International Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 2,046.55 2,196.33 2,147.35 2,263.20

Vitasoy International 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.


Vitasoy International Holdings  (HKSE:00345) 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.


Vitasoy International Holdings Business Description

Traded in Other Exchanges
Address
Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, HKG
Vitasoy International Holdings Ltd manufactures and sells food and beverages. Its products include tofu, soy and other plant-based milk, dairy milk, juice, and packaged tea and water. Vitasoy's brands include Vitasoy, Vita, Calci-Plus, Sansui, and Unicurd. Geographically, the company derives its key revenue from Mainland China and the rest from Hong Kong, Singapore, Australia, and New Zealand.
Executives
Mitsubishi Ufj Financial Group, Inc. 2201 Interest of corporation controlled by you
Kuang Ming Investments Pte. Limited 2101 Beneficial owner
Ng Chee Tat Philip 2304 Executor or administrator
Tan Kim Choo 2201 Interest of corporation controlled by you
Yeo Hiap Seng Limited 2201 Interest of corporation controlled by you
Far East Organization Pte. Ltd. 2201 Interest of corporation controlled by you
Ng Chee Siong 2304 Executor or administrator
Lo Yau Lai Winston 2101 Beneficial owner
Global Alpha Capital Management Ltd. 2102 Investment manager
Lo Mo Ling Yvonne 2305 Beneficiary of a trust
Cheung Lo Joy 2301 Trustee
Chan Alexandra 2301 Trustee
Lye Christopher 2301 Trustee
Fukuda Keiko Aun 2301 Trustee
Lo Kai Tun 2301 Trustee

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