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Asian Micro Holdings (SGX:585) Retained Earnings : S$-44.53 Mil (As of Dec. 2024)


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What is Asian Micro Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Asian Micro Holdings's retained earnings for the quarter that ended in Dec. 2024 was S$-44.53 Mil.

Asian Micro Holdings's quarterly retained earnings declined from Dec. 2023 (S$-43.93 Mil) to Jun. 2024 (S$-44.31 Mil) and declined from Jun. 2024 (S$-44.31 Mil) to Dec. 2024 (S$-44.53 Mil).

Asian Micro Holdings's annual retained earnings declined from Jun. 2022 (S$-42.80 Mil) to Jun. 2023 (S$-43.58 Mil) and declined from Jun. 2023 (S$-43.58 Mil) to Jun. 2024 (S$-44.31 Mil).


Asian Micro Holdings Retained Earnings Historical Data

The historical data trend for Asian Micro 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.

* Premium members only.

Asian Micro Holdings Retained Earnings Chart

Asian Micro Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.03 -42.63 -42.80 -43.58 -44.31

Asian Micro Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -43.13 -43.58 -43.93 -44.31 -44.53

Asian Micro 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.


Asian Micro Holdings  (SGX:585) 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.


Asian Micro Holdings Business Description

Traded in Other Exchanges
N/A
Address
63 Hillview Avenue, No. 08-01 Lam Soon Industrial Building, Singapore, SGP, 669569
Asian Micro Holdings Ltd through its subsidiaries, is engaged in supplying Compressed Natural Gas (CNG) and related products and services, manufacturing and trading clean room supplies, leasing commercial properties, and property development. The company's reportable operating segments are; Manufacturing and trading, Natural Gas Vehicle (NGV) related business, Property business, and Corporate. A majority of its revenue is generated from the Natural Gas Vehicle (NGV) related business which includes the trading of NGV-related products such as bi-fuel conversion kits and cylinders, transportation of CNG refilling service, maintenance and servicing of CNG-related equipment. Geographically, it derives key revenue from Singapore and the rest from Malaysia, Thailand, and the Philippines.

Asian Micro Holdings Headlines

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