AFC Group Holdings (NZSE:AFC) Retained Earnings: NZ$-27.89 Mil (As of Mar. 2026)

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What is AFC Group Holdings Retained Earnings?

AFC Group Holdings NZSE:AFC Retained Earnings is NZ$-27.89 Mil as of Mar. 2026. The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AFC Group Holdings's retained earnings for the quarter that ended in Mar. 2026 was NZ$-27.89 Mil.

AFC Group Holdings's quarterly retained earnings declined from Mar. 2025 (NZ$-27.68 Mil) to Sep. 2025 (NZ$-27.91 Mil) but then increased from Sep. 2025 (NZ$-27.91 Mil) to Mar. 2026 (NZ$-27.89 Mil).

AFC Group Holdings's annual retained earnings declined from Mar. 2024 (NZ$-27.51 Mil) to Mar. 2025 (NZ$-27.68 Mil) and declined from Mar. 2025 (NZ$-27.68 Mil) to Mar. 2026 (NZ$-27.89 Mil).

AFC Group Holdings  (NZSE:AFC) 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.

AFC Group Holdings Retained Earnings Historical Data

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The historical data trend for AFC Group 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.

AFC Group Holdings Retained Earnings Chart

AFC Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.35 -27.51 -27.51 -27.68 -27.89

AFC Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -27.51 -27.64 -27.68 -27.91 -27.89

AFC Group 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of NZ$-27.89 Mil mean?
AFC Group Holdings (NZSE:AFC) has a Retained Earnings of NZ$-27.89 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on AFC Group Holdings and its competitors.
Is AFC Group Holdings' Retained Earnings too high?
AFC Group Holdings' current Retained Earnings is NZ$-27.89 Mil.
How does AFC Group Holdings' Retained Earnings compare to BF.B?
AFC Group Holdings' Retained Earnings of NZ$-27.89 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Retained Earnings depends on the Beverages - Alcoholic 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 AFC Group Holdings and its competitors. AFC Group Holdings's current Retained Earnings is NZ$-27.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AFC Group Holdings stock overvalued right now?
AFC Group Holdings (NZSE:AFC) has a current Retained Earnings of NZ$-27.89 Mil. The current Retained Earnings is NZ$-27.89 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For AFC Group Holdings (NZSE:AFC), the current Retained Earnings is NZ$-27.89 Mil as of Mar. 2026. 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.

AFC Group Holdings Business Description

Address 205 Queen Street, Suite A, Level 15, Tower 2, Auckland CBD, Auckland, NZL, 1010
AFC Group Holdings Ltd is engaged in the production, manufacturing, and purchasing of food, health, and cosmetic products for distribution in New Zealand and the Chinese markets. The group also operates in the winery and vineyard industry, which has manufacturing operations. Its reportable operating segments are Vineyard and Winery, Manufacturing, and Corporate. The majority of the group's revenue is generated from the Vineyard and Winery segment, which produces and sells several varietals and blends of wine.