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Sanai Health Industry Group Co (HKSE:01889) Retained Earnings : HK$-1,106.64 Mil (As of Jun. 2024)


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What is Sanai Health Industry Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sanai Health Industry Group Co's retained earnings for the quarter that ended in Jun. 2024 was HK$-1,106.64 Mil.

Sanai Health Industry Group Co's quarterly retained earnings declined from Jun. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$-1,140.23 Mil) but then increased from Dec. 2023 (HK$-1,140.23 Mil) to Jun. 2024 (HK$-1,106.64 Mil).

Sanai Health Industry Group Co's annual retained earnings declined from Dec. 2021 (HK$0.00 Mil) to Dec. 2022 (HK$-1,183.68 Mil) but then increased from Dec. 2022 (HK$-1,183.68 Mil) to Dec. 2023 (HK$-1,140.23 Mil).


Sanai Health Industry Group Co Retained Earnings Historical Data

The historical data trend for Sanai Health Industry Group 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.

* Premium members only.

Sanai Health Industry Group Co Retained Earnings Chart

Sanai Health Industry Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1,183.68 -1,140.23 -

Sanai Health Industry Group Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -1,183.68 - -1,140.23 -1,106.64 -

Sanai Health Industry Group 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.


Sanai Health Industry Group Co  (HKSE:01889) 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.


Sanai Health Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
57 Hung To Road, Unit 5, 7th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
Sanai Health Industry Group Co Ltd is a pharmaceutical company. The company has three reportable segments namely Pharmaceutical products include development, manufacturing, marketing, and sales of pharmaceutical products and related software and provision of consultancy services. Finance leasing includes the provision of financial leasing services; Genetic testing and molecular diagnostic services segment. It generates maximum revenue from Pharmaceutical products segments. Geographically, it derives the majority of its revenue from the PRC.
Executives
Zhi Shaohuan 2101 Beneficial owner
Jiang Hengguang
Yang Youju 2201 Interest of corporation controlled by you
Yuan Chaoyang 2101 Beneficial owner
Cyber Success Global Investments Limited 2101 Beneficial owner

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