Top KingWin (Top KingWin) Retained Earnings : $-0.93 Mil (As of Dec. 2023)

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What is Top KingWin Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Top KingWin's retained earnings for the quarter that ended in Dec. 2023 was $-0.93 Mil.

Top KingWin's quarterly retained earnings declined from Dec. 2022 ($1.56 Mil) to Jun. 2023 ($0.54 Mil) and declined from Jun. 2023 ($0.54 Mil) to Dec. 2023 ($-0.93 Mil).

Top KingWin's annual retained earnings declined from Dec. 2021 ($2.34 Mil) to Dec. 2022 ($1.56 Mil) and declined from Dec. 2022 ($1.56 Mil) to Dec. 2023 ($-0.93 Mil).

Top KingWin Retained Earnings Historical Data

The historical data trend for Top KingWin'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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Top KingWin Retained Earnings Chart

Top KingWin Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

0.29

2.34

1.56

-0.93

Top KingWin Quarterly Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial			-	2.23	1.56	0.54	-0.93

Top KingWin 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.

Top KingWin (NAS:TCJH) 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.

Top KingWin (Top KingWin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Top KingWin Ltd (NAS:TCJH) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

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Address

Donghuan Street, No. 555, North Panyu Avenue, Room 1304, Building No. 25, Tian’an Headquarters Center, Panyu District, Guangdong Province, Guangzhou, CHN, 511400

Website

Top KingWin Ltd operates as a corporate business training and consulting company, providing personal and management training and financial consulting services. It provides a number of essential business services in China to young and emerging companies including corporate business training services, which mainly focus on advanced knowledge and new perspectives on the capital markets; corporate consulting services, which mainly focus on various aspects of fundraising, and advisory and transaction services. Its main clients are entrepreneurs and executives in China's small and medium enterprises (SMEs).

Top KingWin (Top KingWin) Headlines

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Univest Securities, LLC Announces Closing of $11 Million Initial Public Offering of Class A Ordinary Shares for its Client Top KingWin Ltd (Nasdaq: TCJH)

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Top KingWin Ltd Announces Closing of $11 Million Initial Public Offering

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Top KingWin Ltd Rings Nasdaq Closing Bell

By PRNewswire PRNewswire • 04-28-2023