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Cool Link (Holdings) (HKSE:08491) Retained Earnings : HK$-41.30 Mil (As of Jun. 2024)


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What is Cool Link (Holdings) Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cool Link (Holdings)'s retained earnings for the quarter that ended in Jun. 2024 was HK$-41.30 Mil.

Cool Link (Holdings)'s quarterly retained earnings declined from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$-39.71 Mil) and declined from Dec. 2023 (HK$-39.71 Mil) to Jun. 2024 (HK$-41.30 Mil).

Cool Link (Holdings)'s annual retained earnings declined from Dec. 2021 (HK$16.65 Mil) to Dec. 2022 (HK$-33.35 Mil) and declined from Dec. 2022 (HK$-33.35 Mil) to Dec. 2023 (HK$-39.71 Mil).


Cool Link (Holdings) Retained Earnings Historical Data

The historical data trend for Cool Link (Holdings)'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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Cool Link (Holdings) Retained Earnings Chart

Cool Link (Holdings) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 16.65 -33.35 -39.71 -

Cool Link (Holdings) 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 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 -27.57 - -39.71 -41.30 -

Cool Link (Holdings) 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.


Cool Link (Holdings)  (HKSE:08491) 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.


Cool Link (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 33 Chin Bee Crescent, Singapore, SGP, 619901
Cool Link (Holdings) Ltd is principally engaged in the food supplies business in Singapore. It supplies food products to ship chandlers, retailers, and customers who are in the food service industry. It supplies Fresh and UHT Milk, ICE Creams, Yogurt, Cheese, FRruit Juices, and Pure Drinking Water. It operates in one segment food and healthcare supplies. business.
Executives
Guo Guixian 2101 Beneficial owner
Zumegnsi Technology Group Limited 2101 Beneficial owner
Elephant International Holdings Group Limited 2101 Beneficial owner
Wu Hui 2101 Beneficial owner
Tian Yi 2101 Beneficial owner
Liu Shengnan 2101 Beneficial owner
Tan Seow Gee 2101 Beneficial owner
Gay Teo Siong 2101 Beneficial owner
Yuen Meta (international) Securities Limited 2301 Trustee
Yeo Poh Choo 2101 Beneficial owner
Excellent Success Investments Limited 2301 Trustee
Roma Group Limited 2201 Interest of corporation controlled by you
Yaneza Lana 2101 Beneficial owner
Wei Guochun 2101 Beneficial owner
Meng Jintao 2101 Beneficial owner

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