GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Infinity Logistics And Transport Ventures Ltd (HKSE:01442) » Definitions » Retained Earnings

Infinity Logistics And Transport Ventures (HKSE:01442) Retained Earnings : HK$321.6 Mil (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Infinity Logistics And Transport Ventures Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Infinity Logistics And Transport Ventures's retained earnings for the quarter that ended in Dec. 2023 was HK$321.6 Mil.

Infinity Logistics And Transport Ventures's quarterly retained earnings declined from Dec. 2022 (HK$306.2 Mil) to Jun. 2023 (HK$0.0 Mil) but then increased from Jun. 2023 (HK$0.0 Mil) to Dec. 2023 (HK$321.6 Mil).

Infinity Logistics And Transport Ventures's annual retained earnings increased from Dec. 2021 (HK$254.5 Mil) to Dec. 2022 (HK$306.2 Mil) and increased from Dec. 2022 (HK$306.2 Mil) to Dec. 2023 (HK$321.6 Mil).


Infinity Logistics And Transport Ventures Retained Earnings Historical Data

The historical data trend for Infinity Logistics And Transport Ventures'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.

Infinity Logistics And Transport Ventures Retained Earnings Chart

Infinity Logistics And Transport Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial - - 254.47 306.21 321.61

Infinity Logistics And Transport Ventures Semi-Annual Data
Dec16 Dec17 Jun18 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 Premium Member Only 254.47 - 306.21 - 321.61

Infinity Logistics And Transport Ventures 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.


Infinity Logistics And Transport Ventures  (HKSE:01442) 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.


Infinity Logistics And Transport Ventures (HKSE:01442) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan Kasuarina 8, Infinity House, Bandar Botanic, Klang, Klang, SGR, MYS, 41200
Infinity Logistics And Transport Ventures Ltd is an investment holding company. It operates in three segments: Integrated freight forwarding services segment, which provides non-vessel operating common carriers (NVOCC) and freight forwarding services; Logistics center and related services segment provides warehousing and container depot services; Land transportation services segment provides land transportation services; Flexitank solution & related services segment provides flexitank solution and related services; and Fourth-party Logistics (4PL) services. The company's geographical segments include China, Indonesia, Malaysia, Netherlands, Singapore, South Korea, Thailand, Vietnam, and Others, of which maximum revenue comes from Malaysia.
Executives
2926 Holdings Limited 2103 Interests held jointly with another person
Chan Kong Yew
Kwan Siew Deeg
Lo Shing Ping
Tan Jyh Yaong

Infinity Logistics And Transport Ventures (HKSE:01442) Headlines

No Headlines