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Imperium Financial Group (HKSE:08029) Retained Earnings : HK$-1,436.02 Mil (As of Sep. 2024)


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What is Imperium Financial Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Imperium Financial Group's retained earnings for the quarter that ended in Sep. 2024 was HK$-1,436.02 Mil.

Imperium Financial Group's quarterly retained earnings declined from Sep. 2023 (HK$-1,404.51 Mil) to Mar. 2024 (HK$-1,414.49 Mil) and declined from Mar. 2024 (HK$-1,414.49 Mil) to Sep. 2024 (HK$-1,436.02 Mil).

Imperium Financial Group's annual retained earnings declined from Mar. 2022 (HK$-1,283.27 Mil) to Mar. 2023 (HK$-1,400.90 Mil) and declined from Mar. 2023 (HK$-1,400.90 Mil) to Mar. 2024 (HK$-1,414.49 Mil).


Imperium Financial Group Retained Earnings Historical Data

The historical data trend for Imperium Financial Group'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.

Imperium Financial Group Retained Earnings Chart

Imperium Financial Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1,283.27 -1,400.90 -1,414.49

Imperium Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 -1,400.90 - -1,404.51 -1,414.49 -1,436.02

Imperium Financial Group 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.


Imperium Financial Group  (HKSE:08029) 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.


Imperium Financial Group Business Description

Traded in Other Exchanges
N/A
Address
No. 181 Hoi Bun Road, Room 3, 26th Floor, One Harbour Square, Kwun Tong, Kowloon, Hong Kong, HKG
Imperium Financial Group Ltd is a diversified financial business company. The firm operates through four businesses, including Cryptocurrency business; Financial services; Equine services, and Properties investment operations. It generates maximum revenue from the Cryptocurrency business segment. The Cryptocurrency business segment involves Mining and sales of cryptocurrency. Geographically, the company operates in Australia and Hong Kong, out of which it derives maximum revenue from Hong Kong.
Executives
Fresh Success Investments Limited
Cheng Ting Kong

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