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Sino Green Land (Sino Green Land) Retained Earnings : $-3.04 Mil (As of Mar. 2024)


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What is Sino Green Land Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sino Green Land's retained earnings for the quarter that ended in Mar. 2024 was $-3.04 Mil.

Sino Green Land's quarterly retained earnings increased from Sep. 2023 ($-36.93 Mil) to Dec. 2023 ($-2.75 Mil) but then declined from Dec. 2023 ($-2.75 Mil) to Mar. 2024 ($-3.04 Mil).

Sino Green Land's annual retained earnings declined from Dec. 2020 ($-36.69 Mil) to Dec. 2021 ($-36.83 Mil) and declined from Dec. 2021 ($-36.83 Mil) to Dec. 2022 ($-36.87 Mil).


Sino Green Land Retained Earnings Historical Data

The historical data trend for Sino Green Land'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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Sino Green Land Retained Earnings Chart

Sino Green Land Annual Data
Trend May07 May08 Dec09 Dec10 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial 11.95 18.63 -36.69 -36.83 -36.87

Sino Green Land Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -36.90 -36.92 -36.93 -2.75 -3.04

Sino Green Land 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.


Sino Green Land  (OTCPK:SGLA) 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.


Sino Green Land (Sino Green Land) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 & 5, Jalan Hi Tech 7/7, Kawasan Perindustrian Hi Tech 7, Semenyih, SGR, MYS, 43500
Sino Green Land Corporation is engaged in the wholesale distribution, marketing and sales of high-value fruits and vegetables to wholesale centers and supermarkets in China.
Executives
Wong Ching Wing Elise director 8H, TOWER 21, LAGUNA VERDE, 8 LAGUNA VERDE RD, HUNG HOM, KOWLOON K3 00000
Kuk Ching Wo director, 10 percent owner 8H, TOWER 21, LAGUNA VERDE,, 8 LAGUNA VERDE RD, HUNG HOM, KOWLOON K3 00000
Erin Wong officer: Secretary 8H, TOWER 21, LAGUNA VERDE, 8 LAGUNA VERDE RD, HUNG HOM, KOWLOON K3 00000
Wai Yin Cheng director, 10 percent owner PO BOX 36, PANG F4 0000000000
Liu Ka Lim (louis) director UNIT 7 001-3 IFC 2, CENTRAL K3 0000000000
Huasong Sheena Shen officer: Chief Financial Officer 11 WILLOW ROAD, WESTON CT 06883
Tse Karen Ka Yan director SUITE 2711A, 27/F. EXCHANGE TOWER, 33 WANG CHIU ROAD, KOWLOON BAY, KOWLOON K3 000000
Chan Danvil Kin Hang director SUITE 2711A, 27/F, EXCHANGE TOWER, 33 WANG CHIU ROAD, KOWLOON BAY, KOWLOON K3 0000000
Xiong Luo director, 10 percent owner, officer: Corporate Secretary 5, JALAN DIAMOND 20, DIAMOND RESIDENCE, SEMENYIH, SELANGOR N8 43000
Fong Anson Yiu Ming director, 10 percent owner, officer: Chief Executive and Chairman 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620
Pan Yan officer: Chief Operating Officer 6/F NO. 947 QIAO XING ROAD, SHI QIAO TOWN, PAN YU DISTRICT, GUANG ZHOU F4 511490
Jeremy Goodwin director 1546 MICHAEL LANE, PACIFIC PALISADES CA 90272
Chi Ming Leung director, officer: CEO and President 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620
Grand Will Investment Group Ltd. 10 percent owner 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620
Logo International Holdings Ltd. 10 percent owner 6F NO. 947, QIAO XING ROAD, PAN YU DISTRICT, GUANG ZHOU F4 510620

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