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Ocean One Holding (HKSE:08476) Retained Earnings : HK$151.4 Mil (As of Sep. 2023)


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What is Ocean One Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ocean One Holding's retained earnings for the quarter that ended in Sep. 2023 was HK$151.4 Mil.

Ocean One Holding's quarterly retained earnings declined from Mar. 2023 (HK$141.2 Mil) to Jun. 2023 (HK$0.0 Mil) but then increased from Jun. 2023 (HK$0.0 Mil) to Sep. 2023 (HK$151.4 Mil).

Ocean One Holding's annual retained earnings increased from Mar. 2021 (HK$0.0 Mil) to Mar. 2022 (HK$100.3 Mil) and increased from Mar. 2022 (HK$100.3 Mil) to Mar. 2023 (HK$141.2 Mil).


Ocean One Holding Retained Earnings Historical Data

The historical data trend for Ocean One 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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Ocean One Holding Retained Earnings Chart

Ocean One Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial - - - 100.27 141.18

Ocean One Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - 141.18 - 151.42

Ocean One 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.


Ocean One Holding  (HKSE:08476) 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.


Ocean One Holding (HKSE:08476) Business Description

Traded in Other Exchanges
N/A
Address
36-44 Pak Tin Par Street, Unit B, 5th Floor, Goodwill Industrial Building, Tsuen Wan, Hong Kong, HKG
Ocean One Holding Ltd is a frozen seafood importer and wholesaler in Hong Kong. It offers frozen seafood products sourced from suppliers located overseas to Frozen Seafood Resellers and Frozen Seafood Catering Service Providers in Hong Kong and Macau. It offers a diverse and wide range of frozen seafood products which include prawns, scallops, oysters, and surf clams, fishes, crabs, roe, octopuses, and cuttlefishes.
Executives
Karlson Holding Limited 2101 Beneficial owner
Chan Kin Fung 2201 Interest of corporation controlled by you
Tse Chun Ha Amy 2202 Interest of your spouse

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