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Madison Holdings Group (HKSE:08057) Retained Earnings : HK$-698.60 Mil (As of Sep. 2024)


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What is Madison Holdings Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Madison Holdings Group's retained earnings for the quarter that ended in Sep. 2024 was HK$-698.60 Mil.

Madison Holdings Group's quarterly retained earnings declined from Sep. 2023 (HK$0.00 Mil) to Mar. 2024 (HK$-698.40 Mil) and declined from Mar. 2024 (HK$-698.40 Mil) to Sep. 2024 (HK$-698.60 Mil).

Madison Holdings Group's annual retained earnings increased from Mar. 2022 (HK$-856.34 Mil) to Mar. 2023 (HK$-684.21 Mil) but then declined from Mar. 2023 (HK$-684.21 Mil) to Mar. 2024 (HK$-698.40 Mil).


Madison Holdings Group Retained Earnings Historical Data

The historical data trend for Madison Holdings 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.

Madison Holdings Group Retained Earnings Chart

Madison Holdings 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 - - -856.34 -684.21 -698.40

Madison Holdings 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 -684.21 - - -698.40 -698.60

Madison Holdings 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.


Madison Holdings Group  (HKSE:08057) 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.


Madison Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
2 Heung Yip Road, Unit 26-28, 8th Floor, One Island South, Wong Chuk Hang, Hong Kong, HKG
Madison Holdings Group Ltd is involved in retail sales and wholesale of a wide spectrum of wine products and alcoholic beverages in Hong Kong with a focus on red wine. The company mainly generates revenue from sales of alcoholic beverages. The company operates through three segments of Sales of alcoholic beverages, Financial services and Loan financing services. It has a business presence in the PRC and Hong Kong.
Executives
Sra Holdings, Inc. 2101 Beneficial owner
Luu Huyen Boi 2202 Interest of your spouse
Ting Pang Wan Raymond 2201 Interest of corporation controlled by you
Devoss Global Holdings Limited 2201 Interest of corporation controlled by you
Royal Spectrum Holding Company Limited 2101 Beneficial owner
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Atlantis Capital Group Holdings Limited 2201 Interest of corporation controlled by you
Liu Yang 2201 Interest of corporation controlled by you
Chu Yuet Wah
Software Research Associates, Inc. 2101 Beneficial owner
Wang Hui 2101 Beneficial owner
Wang Xuping
Zhang Fengge
Pu Xueyuan

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