GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » LFG Investment Holdings Ltd (HKSE:03938) » Definitions » Retained Earnings

LFG Investment Holdings (HKSE:03938) Retained Earnings : HK$0.00 Mil (As of Sep. 2023)


View and export this data going back to 2019. Start your Free Trial

What is LFG Investment Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LFG Investment Holdings's retained earnings for the quarter that ended in Sep. 2023 was HK$0.00 Mil.


LFG Investment Holdings Retained Earnings Historical Data

The historical data trend for LFG Investment 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.

* Premium members only.

LFG Investment Holdings Retained Earnings Chart

LFG Investment Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial - - - - -

LFG Investment Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

LFG Investment 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.


LFG Investment Holdings  (HKSE:03938) 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.


LFG Investment Holdings (HKSE:03938) Business Description

Traded in Other Exchanges
N/A
Address
29 Queen’s Road Central, Room 1601, 16th Floor China Building, Hong Kong, HKG
LFG Investment Holdings Ltd is a financial services provider in Hong Kong, that engages in the provision of corporate finance advisory services; underwriting services; securities dealing and brokerage services; securities financing services; and asset management services. The company generates maximum revenue from Corporate finance advisory services.
Executives
Mui Ho Cheung Gary 2101 Beneficial owner
Ki Sin Yee Cindy
Lego Financial Group Limited 2101 Beneficial owner
Wong Wing Shing 2101 Beneficial owner

LFG Investment Holdings (HKSE:03938) Headlines

No Headlines