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Best Mart 360 Holdings (HKSE:02360) Retained Earnings : HK$303 Mil (As of Jun. 2024)


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What is Best Mart 360 Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Best Mart 360 Holdings's retained earnings for the quarter that ended in Jun. 2024 was HK$303 Mil.

Best Mart 360 Holdings's quarterly retained earnings increased from Mar. 2023 (HK$0 Mil) to Sep. 2023 (HK$263 Mil) and increased from Sep. 2023 (HK$263 Mil) to Jun. 2024 (HK$303 Mil).


Best Mart 360 Holdings Retained Earnings Historical Data

The historical data trend for Best Mart 360 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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Best Mart 360 Holdings Retained Earnings Chart

Best Mart 360 Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Retained Earnings
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Best Mart 360 Holdings Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jun24
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 - - - 262.90 303.16

Best Mart 360 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.


Best Mart 360 Holdings  (HKSE:02360) 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.


Best Mart 360 Holdings Business Description

Traded in Other Exchanges
Address
No. 108 Wai Yip Street, 11th Floor, C-Bons International Center, Kowloon, Hong Kong, HKG
Best Mart 360 Holdings Ltd is a leisure food retailer operating chain retail stores under its stores Best Mart 360 and FoodVille. The company is engaged in retail sales of food and beverage, household and personal care products in Hong Kong, Macau and People's Republic of China. The company generates majority of the revenue from Hong Kong.
Executives
China Merchants Group Limited 2201 Interest of corporation controlled by you
China Merchants Hoi Tung Trading Company Limited 2106 Person having a security interest in shares
United East Global Limited 2101 Beneficial owner
Universal Tycoon Limited 2101 Beneficial owner
Sino Sea Enterprises Limited 2101 Beneficial owner
Hui Ngai Fan 2201 Interest of corporation controlled by you
Lin Tsz Fung 2201 Interest of corporation controlled by you
Sea Wealth Ventures Limited 2101 Beneficial owner
Giant Blessing Global Limited 2101 Beneficial owner
Lee Wai Bing 2202 Interest of your spouse

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