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Kuber Resources (Kuber Resources) Retained Earnings : $-2.07 Mil (As of Dec. 2023)


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What is Kuber Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kuber Resources's retained earnings for the quarter that ended in Dec. 2023 was $-2.07 Mil.

Kuber Resources's quarterly retained earnings declined from Jun. 2023 ($-3.31 Mil) to Sep. 2023 ($-3.34 Mil) but then increased from Sep. 2023 ($-3.34 Mil) to Dec. 2023 ($-2.07 Mil).

Kuber Resources's annual retained earnings increased from Dec. 2021 ($-4.04 Mil) to Dec. 2022 ($-3.29 Mil) and increased from Dec. 2022 ($-3.29 Mil) to Dec. 2023 ($-2.07 Mil).


Kuber Resources Retained Earnings Historical Data

The historical data trend for Kuber Resources'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.

* Premium members only.

Kuber Resources Retained Earnings Chart

Kuber Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.56 -3.96 -4.04 -3.29 -2.07

Kuber Resources Quarterly Data
Sep14 Dec14 Mar15 Jun15 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3.29 -3.30 -3.31 -3.34 -2.07

Kuber Resources 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.


Kuber Resources  (OTCPK:KUBR) 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.


Kuber Resources (Kuber Resources) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Room 1113, Tower 2, Lippo Centre, Admiralty, Hong Kong, HKG, 510620
Kuber Resources Corp is a holding company. The firm through its subsidiaries specializes in trade and consulting in Hong Kong.
Executives
Chi Kit Hui officer: Chief Financial Officer 11/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Chi Ho Cheung officer: Chief Executive Officer 5/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Carol Kwok director 5/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Kin Yu Wong director, officer: Chief Operating Officer 5/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Tsun Sin Man Samuel director, 10 percent owner, officer: Chairman 5/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Yang Zeng director 5/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Wanjun Guo 10 percent owner 5/F GUANGDONG FINANCE BLDG, 99 CONNAUGHT RD WEST, HONG KONG F4 00000
Larry Wei Fan officer: Chief Financial Officer ROOM 303, 3/F GOLDLION CENTER, 136-138 TIYU RD EAST, TIANHE DISTRICT, GUANGZHOU F4 510620
Yang Xiao Lei director 2 FLOOR, OFFICE TOWER II, LANDMARK TOWERS, 8 N. DONGSHANHUAN RD, BEIJING F4 100004
John Hui director, officer: CEO C/O LOEB & LOEB LLP, 10100 SANTA MONICA BLVD SUITE 2200, LOS ANGELES CA 90067-4164
Chaoming Luo director RM 1217, 12TH/FL, THE METROPOLIS TOWER, 10 METROPOLIS DR., HUNGHOM K3 510000
Chi Ming Chan director, officer: DIRECTOR RM 1217, 12TH/FL, THE METROPOLIS TOWER, 10 METROPOLIS DR., HUNGHOM K3 510000
Tsang Chi Hung director 3RD FLOOR, GOLDLION DIGITAL NETWORK, CENTER, 138 TIYU ROAD EAST, TIANHE, GUANGZHOU F4 510620
Tao Wendy Siu Ping Choi 10 percent owner 12/F 9 DES VOEUX ROAD WEST, HONG KONG K3 00000
Wong Keith Yat Chor 10 percent owner

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