HWGG (HWGG Entertainment) Retained Earnings: $-4.67 Mil (As of Dec. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is HWGG Entertainment Retained Earnings?

HWGG Entertainment HWGG Retained Earnings is $-4.67 Mil as of Dec. 2018.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HWGG Entertainment's retained earnings for the quarter that ended in Dec. 2018 was $-4.67 Mil.

HWGG Entertainment's quarterly retained earnings declined from Mar. 2018 ($-3.13 Mil) to Jun. 2018 ($-3.49 Mil) and declined from Jun. 2018 ($-3.49 Mil) to Dec. 2018 ($-4.67 Mil).

HWGG Entertainment's annual retained earnings declined from Dec. 2016 ($-0.53 Mil) to Dec. 2017 ($-1.22 Mil) and declined from Dec. 2017 ($-1.22 Mil) to Dec. 2018 ($-4.67 Mil).


HWGG Entertainment  (OTCPK:HWGG) 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.


HWGG Entertainment Retained Earnings Historical Data

* Premium members only.

The historical data trend for HWGG Entertainment'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.

HWGG Entertainment Retained Earnings Chart

HWGG Entertainment Annual Data
Trend Dec16 Dec17 Dec18
Retained Earnings
-0.53 -1.22 -4.67

HWGG Entertainment Quarterly Data
Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Dec18
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 -1.20 -1.22 -3.13 -3.49 -4.67

HWGG Entertainment 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-4.67 Mil mean?
HWGG Entertainment (HWGG) has a Retained Earnings of $-4.67 Mil as of Dec. 2018. Retained earnings is the amount of net income not issued to shareholders. View historical data on HWGG Entertainment and its competitors.
Is HWGG Entertainment's Retained Earnings too high?
HWGG Entertainment's current Retained Earnings is $-4.67 Mil.
How does HWGG Entertainment's Retained Earnings compare to VSTO and BATRA?
HWGG Entertainment's Retained Earnings of $-4.67 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on HWGG Entertainment and its competitors. HWGG Entertainment's current Retained Earnings is $-4.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HWGG Entertainment stock overvalued right now?
HWGG Entertainment (HWGG) has a current Retained Earnings of $-4.67 Mil. The current Retained Earnings is $-4.67 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For HWGG Entertainment (HWGG), the current Retained Earnings is $-4.67 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

HWGG Entertainment Business Description

Address No. 35, Jalan Maharajalela, Ground Floor, Wisma Ho Wah Genting, Kuala Lumpur, MYS, 50150
HWGG Entertainment Ltd through its subsidiary, is engaged in promoting entertainment membership, providing travel and tour, and entertainment packages and services via its mobile apps, and marketing services. It offers a travel membership that focuses on travel and entertainment around the world. The company offers services such as Twinstar Capital, Twinstar Leisure, Resorts World, Dream Cruise, Genting Taxi, HW Genting Club, and others.