LSH (Lakeside Holding) Retained Earnings : $-3.29 Mil (As of Dec. 2024)

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What is Lakeside Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lakeside Holding's retained earnings for the quarter that ended in Dec. 2024 was $-3.29 Mil.

Lakeside Holding's quarterly retained earnings declined from Jun. 2024 ($-0.01 Mil) to Sep. 2024 ($-1.34 Mil) and declined from Sep. 2024 ($-1.34 Mil) to Dec. 2024 ($-3.29 Mil).

Lakeside Holding's annual retained earnings increased from Jun. 2022 ($-0.00 Mil) to Jun. 2023 ($0.86 Mil) but then declined from Jun. 2023 ($0.86 Mil) to Jun. 2024 ($-0.01 Mil).

Lakeside Holding Retained Earnings Historical Data

The historical data trend for Lakeside 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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Lakeside Holding Retained Earnings Chart

Lakeside Holding Annual Data

Trend

Jun22

Jun23

Jun24

Retained Earnings

0.86

-0.01

Lakeside Holding Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial						0.39	0.47	-0.01	-1.34	-3.29

Lakeside 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.

Lakeside Holding (NAS:LSH) 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.

Lakeside Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Lakeside Holding Ltd (NAS:LSH) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

1475 Thorndale Avenue, Suite A, Itasca, IL, USA, 60143

Website

https://www.lakeside-holding.com

Lakeside Holding Ltd i an integrated cross-border supply chain solution provider with a strategic focus on the Asian market including China and South Korea. It provides customized cross-border ocean freight solutions and airfreight solutions in the U.S, including cross-border freight consolidation and forwarding services; customs clearance services; warehousing and distribution services and U.S. domestic ground transportation services.