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Dapai International Holdings Co (SGX:FP1) Retained Earnings : S$-147.06 Mil (As of Jun. 2017)


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What is Dapai International Holdings Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dapai International Holdings Co's retained earnings for the quarter that ended in Jun. 2017 was S$-147.06 Mil.

Dapai International Holdings Co's quarterly retained earnings increased from Dec. 2016 (S$-147.80 Mil) to Mar. 2017 (S$-146.50 Mil) but then declined from Mar. 2017 (S$-146.50 Mil) to Jun. 2017 (S$-147.06 Mil).

Dapai International Holdings Co's annual retained earnings declined from Dec. 2014 (S$-122.58 Mil) to Dec. 2015 (S$-124.90 Mil) and declined from Dec. 2015 (S$-124.90 Mil) to Dec. 2016 (S$-147.80 Mil).


Dapai International Holdings Co Retained Earnings Historical Data

The historical data trend for Dapai International Holdings Co'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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Dapai International Holdings Co Retained Earnings Chart

Dapai International Holdings Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -121.51 -122.58 -124.90 -147.80

Dapai International Holdings Co Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -116.89 -121.32 -147.80 -146.50 -147.06

Dapai International Holdings Co 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.


Dapai International Holdings Co  (SGX:FP1) 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.


Dapai International Holdings Co (SGX:FP1) Business Description

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Dapai International Holdings Co Ltd is backpack company in China. The group designs, manufactures and sells backpacks under the DAPAI brand. Its product collections are suited for sports, fashion, business, and leisure. The company's products are targeted at the mid-range mass market consumer segment and are sold by distributor-own concessionary retail outlets in different provinces, autonomous regions and municipalities located within department stores, supermarkets and hypermarkets in China. The group's business segments are Manufacturing and sales of the backpack to distributors and retailers and Manufacturing and sales of luggage to distributors and retailers. The majority of its revenue is generated from the sales of bagpacks worldwide.

Dapai International Holdings Co (SGX:FP1) Headlines

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