WLGSF (WANG & LEE Group) Retained Earnings: $-5.42 Mil (As of Dec. 2024)


What is WANG & LEE Group Retained Earnings?

WANG & LEE Group WLGSF +116.67% Retained Earnings is $-5.42 Mil as of Dec. 2024.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. WANG & LEE Group's retained earnings for the quarter that ended in Dec. 2024 was $-5.42 Mil.

WANG & LEE Group's quarterly retained earnings declined from Dec. 2023 ($-2.87 Mil) to Jun. 2024 ($-3.59 Mil) and declined from Jun. 2024 ($-3.59 Mil) to Dec. 2024 ($-5.42 Mil).

WANG & LEE Group's annual retained earnings declined from Dec. 2022 ($-2.22 Mil) to Dec. 2023 ($-2.87 Mil) and declined from Dec. 2023 ($-2.87 Mil) to Dec. 2024 ($-5.42 Mil).

WANG & LEE Group  (OTCPK:WLGSF) 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.

WANG & LEE Group Retained Earnings Historical Data

* Premium members only.

The historical data trend for WANG & LEE Group'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.

WANG & LEE Group Retained Earnings Chart

WANG & LEE Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
-1.27 -1.63 -2.22 -2.87 -5.42

WANG & LEE Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Retained Earnings Get a 7-Day Free Trial Premium Member Only -2.22 -3.85 -2.87 -3.59 -5.42

WANG & LEE Group 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-5.42 Mil mean?
WANG & LEE Group (WLGSF) has a Retained Earnings of $-5.42 Mil as of Dec. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on WANG & LEE Group and its competitors.
Is WANG & LEE Group's Retained Earnings too high?
WANG & LEE Group's current Retained Earnings is $-5.42 Mil.
How does WANG & LEE Group's Retained Earnings compare to PWR and FIX?
WANG & LEE Group's Retained Earnings of $-5.42 Mil can be compared against companies in the Construction 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 Construction company?
A good Retained Earnings depends on the Construction 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 WANG & LEE Group and its competitors. WANG & LEE Group's current Retained Earnings is $-5.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WANG & LEE Group stock overvalued right now?
WANG & LEE Group (WLGSF) has a current Retained Earnings of $-5.42 Mil. The current Retained Earnings is $-5.42 Mil. 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 WANG & LEE Group (WLGSF), the current Retained Earnings is $-5.42 Mil as of Dec. 2024. 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.

WANG & LEE Group Business Description

Address 3 Tai Yip Street, 5th & 6th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED. WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, water supply and sewage disposal systems, and site project management.