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Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Retained Earnings : HK$543 Mil (As of Dec. 2023)


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What is Green Future Food Hydrocolloid Marine Science Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Green Future Food Hydrocolloid Marine Science Co's retained earnings for the quarter that ended in Dec. 2023 was HK$543 Mil.

Green Future Food Hydrocolloid Marine Science Co's quarterly retained earnings increased from Dec. 2022 (HK$655 Mil) to Jun. 2023 (HK$665 Mil) but then declined from Jun. 2023 (HK$665 Mil) to Dec. 2023 (HK$543 Mil).

Green Future Food Hydrocolloid Marine Science Co's annual retained earnings increased from Dec. 2021 (HK$499 Mil) to Dec. 2022 (HK$655 Mil) but then declined from Dec. 2022 (HK$655 Mil) to Dec. 2023 (HK$543 Mil).


Green Future Food Hydrocolloid Marine Science Co Retained Earnings Historical Data

The historical data trend for Green Future Food Hydrocolloid Marine Science Co'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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Green Future Food Hydrocolloid Marine Science Co Retained Earnings Chart

Green Future Food Hydrocolloid Marine Science Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 326.86 386.18 498.50 654.59 543.14

Green Future Food Hydrocolloid Marine Science Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 498.50 592.14 654.59 665.15 543.14

Green Future Food Hydrocolloid Marine Science Co 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.


Green Future Food Hydrocolloid Marine Science Co  (HKSE:01084) 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.


Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Business Description

Traded in Other Exchanges
N/A
Address
169 Electric Road, Flat A, 16th Floor, North Point, Hong Kong, HKG
Green Future Food Hydrocolloid Marine Science Co Ltd is engaged in manufacturing and sales of food manufacturing hydrocolloid products including carrageenan products, agar-agar products, blended products, and konjac products in the People's Republic of China and overseas. Its segments include Manufacturing and sales of agar-agar products; Manufacturing and sales of carrageenan; Manufacturing and sales of konjac products; Manufacturing and sales of blended products; and Others such as sales of milk powder. Its operations are spread across China, Europe, Asia (excluding China), South America, North America, Africa and Oceania.
Executives
Guo Songsen 2401 A concert party to an agreement to buy shares
Qiu Qiaoya 2202 Interest of your spouse
She Pin Pin 2202 Interest of your spouse
Li Shun Ching Louisa 2202 Interest of your spouse
Chan Shui Yip 2401 A concert party to an agreement to buy shares
Chan Kam Chung 2401 A concert party to an agreement to buy shares
Wu Biling 2202 Interest of your spouse
Winning Path Trading Company Limited 2401 A concert party to an agreement to buy shares
Strong Achievement (bvi) Investment Company Limited 2401 A concert party to an agreement to buy shares
Cos Kreation Investment Development Company Limited 2401 A concert party to an agreement to buy shares
Guo Yuansuo 2401 A concert party to an agreement to buy shares
Guo Songsen 2401 A concert party to an agreement to buy shares
Guo Dongxu 2401 A concert party to an agreement to buy shares
Guo Donghuang 2401 A concert party to an agreement to buy shares
Green Forest (bvi) Investment Company Limited 2401 A concert party to an agreement to buy shares

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