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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Millennium Group International Holdings's retained earnings for the quarter that ended in Dec. 2025 was $-10.14 Mil.
Millennium Group International Holdings's quarterly retained earnings
declined
from Dec. 2024 ($-3.59 Mil) to Jun. 2025 ($-6.81 Mil) and
declined
from Jun. 2025 ($-6.81 Mil) to Dec. 2025 ($-10.14 Mil).
Millennium Group International Holdings's annual retained earnings
declined
from Jun. 2023 ($8.27 Mil) to Jun. 2024 ($-0.50 Mil) and
declined
from Jun. 2024 ($-0.50 Mil) to Jun. 2025 ($-6.81 Mil).
Millennium Group International Holdings (NAS:MGIH) 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.
Millennium Group International Holdings Retained Earnings Historical Data
* 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.
Millennium Group International Holdings Retained Earnings Chart
Millennium Group International Holdings Annual Data
Trend
Jun21
Jun22
Jun23
Jun24
Jun25
Retained Earnings
11.84
8.65
8.27
-0.50
-6.81
Millennium Group International Holdings Semi-Annual Data
Millennium Group International 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.
What does a Retained Earnings of $-10.14 Mil mean?
Millennium Group International Holdings (MGIH) has a Retained Earnings of $-10.14 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Millennium Group International Holdings and its competitors.
Is Millennium Group International Holdings' Retained Earnings too high?
Millennium Group International Holdings' current Retained Earnings is $-10.14 Mil. Overall, Millennium Group International Holdings has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group International Holdings' Retained Earnings compare to GFLT and YHGJ?
Millennium Group International Holdings' Retained Earnings of $-10.14 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Retained Earnings depends on the Packaging & Containers 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 Millennium Group International Holdings and its competitors. Millennium Group International Holdings's current Retained Earnings is $-10.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Group International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Millennium Group International Holdings (MGIH) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.80, compared to a current price of $1.51 — trading 88.8% above its estimated fair value. The current Retained Earnings is $-10.14 Mil. Millennium Group International Holdings' overall GF Score™ is 32/100 with 2 warning signs to review. 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 Millennium Group International Holdings (MGIH), the current Retained Earnings is $-10.14 Mil as of Dec. 2025. 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.
Is Millennium Group International Holdings (MGIH) Overvalued in 2026?
Based on GuruFocus' analysis, Millennium Group International Holdings stock appears to be overvalued.
The current stock price of $1.51 is trading 88.8% above its estimated GF Value™ of $0.80.
GuruFocus considers Millennium Group International Holdings to be Significantly Overvalued.
Key valuation signals for MGIH:
Retained Earnings: $-10.14 Mil
GF Value™: $0.80 vs. price of $1.51 (88.8% above fair value)
No single metric tells the full story. See the MGIH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millennium Group International Holdings Ltd supplies paper-based packaging solutions, including inner packaging boxes produced with offset or flexo printing and outer corrugated boxes used for transportation, storage, pallets, and point-of-purchase displays. The company manufactures corrugated products of different sizes, shapes, thicknesses, and strengths according to customer specifications. It also operates a supply chain management business in Vietnam to service international clients who source their packaging needs from Vietnam and other ASEAN countries. The corrugated paper is durable, versatile, economical, and lightweight.
32GF Score
Get the complete analysis for MGIH
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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