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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. South Port New Zealand's retained earnings for the quarter that ended in Dec. 2025 was $0.00 Mil.
South Port New Zealand's quarterly retained earnings
increased
from Dec. 2024 ($0.00 Mil) to Jun. 2025 ($34.41 Mil) but then
declined
from Jun. 2025 ($34.41 Mil) to Dec. 2025 ($0.00 Mil).
South Port New Zealand's annual retained earnings
increased
from Jun. 2023 ($30.97 Mil) to Jun. 2024 ($31.17 Mil) and
increased
from Jun. 2024 ($31.17 Mil) to Jun. 2025 ($34.41 Mil).
South Port New Zealand (OTCPK:SPNZF) 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.
South Port New Zealand Retained Earnings Historical Data
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The historical data trend for South Port New Zealand'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.
South Port New Zealand 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.
South Port New Zealand (SPNZF) has a Retained Earnings of $0.00 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on South Port New Zealand and its competitors.
Is South Port New Zealand's Retained Earnings too high?
South Port New Zealand's current Retained Earnings is $0.00 Mil. Overall, South Port New Zealand has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does South Port New Zealand's Retained Earnings compare to KEX?
South Port New Zealand's Retained Earnings of $0.00 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Retained Earnings depends on the Transportation 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 South Port New Zealand and its competitors. South Port New Zealand's current Retained Earnings is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Port New Zealand stock overvalued right now?
South Port New Zealand (SPNZF) has a current Retained Earnings of $0.00 Mil. The stock's GF Value™ is $5.67, compared to a current price of $5.70 — trading 0.5% above its estimated fair value. The current Retained Earnings is $0.00 Mil. South Port New Zealand's overall GF Score™ is 96/100 with 6 warning signs to review. 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 South Port New Zealand (SPNZF), the current Retained Earnings is $0.00 Mil as of Dec. 2025. 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.
Is South Port New Zealand (SPNZF) Overvalued in 2026?
Based on GuruFocus' analysis, South Port New Zealand stock appears to be overvalued.
The current stock price of $5.70 is trading 0.5% above its estimated GF Value™ of $5.67.
Key valuation signals for SPNZF:
Retained Earnings: $0.00 Mil
GF Value™: $5.67 vs. price of $5.70 (0.5% above fair value)
No single metric tells the full story. See the SPNZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
South Port New Zealand Ltd offers a wide range of marine services, cargo and container shipping, and on-site warehousing for domestic and international customers. It serves key export and import industries in the Southland region, including aluminium, timber, fisheries, dairy, meat, wood chips, stock food, cement, alumina, fertiliser, and petroleum products. South Port is publicly listed on the New Zealand Stock Exchange and is majority-owned by Environment Southland. It also operates an intermodal freight center to facilitate efficient product distribution within the Southland and Otago regions. The majority of revenue comes from the Cargo and logistics services.
96GF Score
Get the complete analysis for SPNZF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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