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SFHG (Samfine Creation Holdings Group) Retained Earnings : $0.43 Mil (As of Dec. 2023)


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What is Samfine Creation Holdings Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Samfine Creation Holdings Group's retained earnings for the quarter that ended in Dec. 2023 was $0.43 Mil.

Samfine Creation Holdings Group's quarterly retained earnings declined from Dec. 2022 ($0.87 Mil) to Jun. 2023 ($0.38 Mil) but then increased from Jun. 2023 ($0.38 Mil) to Dec. 2023 ($0.43 Mil).

Samfine Creation Holdings Group's annual retained earnings increased from Dec. 2021 ($0.40 Mil) to Dec. 2022 ($0.87 Mil) but then declined from Dec. 2022 ($0.87 Mil) to Dec. 2023 ($0.43 Mil).


Samfine Creation Holdings Group Retained Earnings Historical Data

The historical data trend for Samfine Creation Holdings Group'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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Samfine Creation Holdings Group Retained Earnings Chart

Samfine Creation Holdings Group Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
0.40 0.87 0.43

Samfine Creation Holdings Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings 0.40 - 0.87 0.38 0.43

Samfine Creation Holdings Group 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.


Samfine Creation Holdings Group  (NAS:SFHG) 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.


Samfine Creation Holdings Group Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
436-446 Kwun Tong Road, Flat B, 8/F, Block 4, Kwun Tong Industrial Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Website
Samfine Creation Holdings Group Ltd operates through its subsidiaries. It is an established one-stop printing service provider which principally provides printing services in Hong Kong and the PRC. It offers a wide range of printed products such as (i) book products, which mainly include children's books, educational books, art books, notebooks, diaries and journals; and (ii) novelty and packaging products, which mainly include handcraft products, book sets, pop-up books, stationery products, products with assembly parts and other specialized products, shopping bags and package boxes.