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Gaodi Holdings (HKSE:01676) Retained Earnings : HK$0.0 Mil (As of Jun. 2023)


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What is Gaodi Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gaodi Holdings's retained earnings for the quarter that ended in Jun. 2023 was HK$0.0 Mil.


Gaodi Holdings Retained Earnings Historical Data

The historical data trend for Gaodi 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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Gaodi Holdings Retained Earnings Chart

Gaodi Holdings Annual Data
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Gaodi Holdings Semi-Annual Data
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Gaodi 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.


Gaodi Holdings  (HKSE:01676) 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.


Gaodi Holdings (HKSE:01676) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, No. 5 Factory Meixi Road, Huandong Waters Tongon District, Huli Industrial Park, Fujian Province, Xiamen, CHN
China Shenghai Group Ltd is engaged in the packaging and sales of seafood products and procurement and sales of fast moving consumer goods and others to the supermarket chains and convenience stores located across China. The company's products are categorized into dried seafood, algae and fungi, seafood snack and frozen seafood products. It has also developed new business on FMCG and cosmetics in Hong Kong and China. Its operating segments include packaging and sales of marine products segment and all other segment. It derives majority of the revenue from packaging and sales of marine products segment.
Executives
Foton Holdings Limited 2101 Beneficial owner
Yang Liqiong 2101 Beneficial owner
Ultima Prime Investment Limited 2501 Other
Arab Osman Mohammed 2104 Agent
Lai Wing Lun 2104 Agent
Rui Qi You Xian Gong Si 2101 Beneficial owner
Lau Shek Yau John 2101 Beneficial owner
Lin Yueying 2202 Interest of your spouse
Liu Rongru 2201 Interest of corporation controlled by you

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