Web3 Meta (HKSE:08093) Retained Earnings : HK$-24.19 Mil (As of Dec. 2024)

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What is Web3 Meta Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Web3 Meta's retained earnings for the quarter that ended in Dec. 2024 was HK$-24.19 Mil.

Web3 Meta's quarterly retained earnings increased from Dec. 2023 (HK$-40.24 Mil) to Jun. 2024 (HK$-24.54 Mil) and increased from Jun. 2024 (HK$-24.54 Mil) to Dec. 2024 (HK$-24.19 Mil).

Web3 Meta's annual retained earnings declined from Jun. 2022 (HK$-12.08 Mil) to Jun. 2023 (HK$-42.07 Mil) but then increased from Jun. 2023 (HK$-42.07 Mil) to Jun. 2024 (HK$-24.54 Mil).

Web3 Meta Retained Earnings Historical Data

The historical data trend for Web3 Meta'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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Web3 Meta Retained Earnings Chart

Web3 Meta Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

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131.54

87.41

-12.08

-42.07

-24.54

Web3 Meta Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-42.07	-	-40.24	-24.54	-24.19

Web3 Meta 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.

Web3 Meta (HKSE:08093) 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.

Web3 Meta Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Web3 Meta Ltd (HKSE:08093) » Definitions » Retained Earnings

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Address

100 Granville Road, Room 702 A&B, 7th Floor, Harbour Crystal Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.millionstars.hk/en/contact.php

Web3 Meta Limited is an investment holding company operates in the Internet advertising department and Web3 Division.

Executives

Shen Zhen Shi Yuan Wang Gu Xin Xi Ji Shu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Invengo Technology Pte. Ltd.	2101 Beneficial owner
Di Qi Da Dao Kong Gu You Xian Gong Si
Zhou Zhong Yong	2101 Beneficial owner
Zhou Ming	2201 Interest of corporation controlled by you
Web3 Group Limited	2101 Beneficial owner
Shen Guotao	2201 Interest of corporation controlled by you
Ji Lin Sheng Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xie Ming	2101 Beneficial owner
Yao Ligang	2201 Interest of corporation controlled by you
Shang Hai Ang Ju Zi Chan Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Hu Tong Tou Zi Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Wu Zhongyi	2201 Interest of corporation controlled by you
Jia Heng Tai Feng You Xian Gong Si	2101 Beneficial owner
Zhu Yongjun	2101 Beneficial owner

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