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Coolpoint Innonism Holding (HKSE:08040) Retained Earnings : HK$7.5 Mil (As of Sep. 2023)


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What is Coolpoint Innonism Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Coolpoint Innonism Holding's retained earnings for the quarter that ended in Sep. 2023 was HK$7.5 Mil.

Coolpoint Innonism Holding's quarterly retained earnings declined from Mar. 2023 (HK$10.8 Mil) to Jun. 2023 (HK$0.0 Mil) but then increased from Jun. 2023 (HK$0.0 Mil) to Sep. 2023 (HK$7.5 Mil).

Coolpoint Innonism Holding's annual retained earnings increased from Mar. 2022 (HK$0.0 Mil) to Mar. 2023 (HK$10.8 Mil) but then declined from Mar. 2023 (HK$10.8 Mil) to Mar. 2024 (HK$-3.8 Mil).


Coolpoint Innonism Holding Retained Earnings Historical Data

The historical data trend for Coolpoint Innonism Holding'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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Coolpoint Innonism Holding Retained Earnings Chart

Coolpoint Innonism Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 26.51 - - 10.77 -3.77

Coolpoint Innonism Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 - 10.77 - 7.50 -3.77

Coolpoint Innonism Holding 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.


Coolpoint Innonism Holding  (HKSE:08040) 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.


Coolpoint Innonism Holding Business Description

Traded in Other Exchanges
N/A
Address
63-65 Hung To Road, Room D, 12th Floor, Lucky Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
Coolpoint Innonism Holding Ltd is principally engaged in the provision of fitting-out, Nano-AM application services and renovation services in Hong Kong. The fitting-out and renovation services of the Group mainly include the provision of interior fitting-out and renovation services for different types of premises in the private sector, including residential apartments and residential dwellings, show flats, clubhouses, sale offices, public areas in residential and commercial buildings, office, shopping malls and shops in Hong Kong. Nano-Am application services include refers to the provision and application of nanophotocatalytic antifouling materials (the "Nano-AM") on various types of repairs and maintenance work for yachts.
Executives
Chen Yi-sung 2101 Beneficial owner
Advance Goal Group Limited 2101 Beneficial owner
Cheng Tsang Fu Dennis 2201 Interest of corporation controlled by you
Cheng Tsang Wai 2201 Interest of corporation controlled by you
Chow Siu Shan Juliana 2202 Interest of your spouse
Liu Lee Lee Lily 2201 Interest of corporation controlled by you

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