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Ying Kee Tea House Group (HKSE:08241) Retained Earnings : HK$-56.13 Mil (As of Sep. 2024)


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What is Ying Kee Tea House Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ying Kee Tea House Group's retained earnings for the quarter that ended in Sep. 2024 was HK$-56.13 Mil.

Ying Kee Tea House Group's quarterly retained earnings declined from Sep. 2023 (HK$-41.66 Mil) to Mar. 2024 (HK$-49.58 Mil) and declined from Mar. 2024 (HK$-49.58 Mil) to Sep. 2024 (HK$-56.13 Mil).

Ying Kee Tea House Group's annual retained earnings declined from Mar. 2022 (HK$-30.75 Mil) to Mar. 2023 (HK$-36.79 Mil) and declined from Mar. 2023 (HK$-36.79 Mil) to Mar. 2024 (HK$-49.58 Mil).


Ying Kee Tea House Group Retained Earnings Historical Data

The historical data trend for Ying Kee Tea House 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.

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Ying Kee Tea House Group Retained Earnings Chart

Ying Kee Tea House Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only - - -30.75 -36.79 -49.58

Ying Kee Tea House 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 -36.79 - -41.66 -49.58 -56.13

Ying Kee Tea House 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.


Ying Kee Tea House Group  (HKSE:08241) 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.


Ying Kee Tea House Group Business Description

Traded in Other Exchanges
N/A
Address
5 Fung Yip Street, 8th Floor, Wah Shing Centre, Siu Sai Wan, Hong Kong, HKG
Ying Kee Tea House Group Ltd provides variety of Chinese tea leaves broadly categories into Pu-erh Tea, Oolong Tea, Fragrant tea, Green Tea, White Tea, Old Luk On Tea, and Black Tea. It also offers teawares and tea gift sets. The firm operates in a single segment and generates revenue from sales of tea products.
Executives
Chan King Chi 2202 Interest of your spouse
Chan Kun Yuen 2101 Beneficial owner
Chan Kwong Yuen 2101 Beneficial owner
Chan Shu Yuen 2101 Beneficial owner
Chan Tat Yuen 2101 Beneficial owner
Chu Min 2202 Interest of your spouse
Ng Wai Lam Lana Zoe 2202 Interest of your spouse
Po Miu Kuen Tammy 2202 Interest of your spouse
Wong Tak Ming 2101 Beneficial owner
Coastal Lion Limited 2201 Interest of corporation controlled by you
Profit Ocean Enterprises Limited 2101 Beneficial owner
Sky King Global Limited 2201 Interest of corporation controlled by you
Tri-luck Investments Limited 2201 Interest of corporation controlled by you
Wealth City Global Limited 2201 Interest of corporation controlled by you

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