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Wai Chun Group Holdings (HKSE:01013) Retained Earnings : HK$-550.2 Mil (As of Sep. 2024)


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What is Wai Chun Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wai Chun Group Holdings's retained earnings for the quarter that ended in Sep. 2024 was HK$-550.2 Mil.

Wai Chun Group Holdings's quarterly retained earnings increased from Sep. 2023 (HK$-593.4 Mil) to Mar. 2024 (HK$-533.4 Mil) but then declined from Mar. 2024 (HK$-533.4 Mil) to Sep. 2024 (HK$-550.2 Mil).

Wai Chun Group Holdings's annual retained earnings declined from Mar. 2022 (HK$0.0 Mil) to Mar. 2023 (HK$-574.4 Mil) but then increased from Mar. 2023 (HK$-574.4 Mil) to Mar. 2024 (HK$-533.4 Mil).


Wai Chun Group Holdings Retained Earnings Historical Data

The historical data trend for Wai Chun Group 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.

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Wai Chun Group Holdings Retained Earnings Chart

Wai Chun Group 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 - - - -574.40 -533.42

Wai Chun Group 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 - -574.40 -593.37 -533.42 -550.24

Wai Chun Group 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.


Wai Chun Group Holdings  (HKSE:01013) 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.


Wai Chun Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, 40th Floor, Rooms 4001–02, China Resources Building, Wanchai, Hong Kong, HKG
Wai Chun Group Holdings Ltd acts as an investment holding company. It is engaged in general trading; network and system integration by the production of software and provision of solutions and related services; and investment holdings. The group's operating segments include Sales and integration services and General trading. The sales and integration services include sales and services provision of integration services of computer and communication systems, and design, consultation, and production of information system software. The General trading segment, which is the key revenue-generating segment, includes trading of mobiles, electronic components, plastic resins, and chemicals. Geographically, it derives a majority of its revenue from the PRC and also has a presence in Hong Kong.
Executives
Lam Ching Kui 2101 Beneficial owner
Chen Guanyu 2201 Interest of corporation controlled by you
Ka Chun Holdings Limited 2101 Beneficial owner
Wai Chun Investment Fund 2201 Interest of corporation controlled by you

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