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ZHGWF (Zhengwei Group Holdings Co) Retained Earnings : $29.26 Mil (As of Dec. 2024)


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What is Zhengwei Group Holdings Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zhengwei Group Holdings Co's retained earnings for the quarter that ended in Dec. 2024 was $29.26 Mil.

Zhengwei Group Holdings Co's quarterly retained earnings declined from Dec. 2023 ($35.52 Mil) to Jun. 2024 ($29.37 Mil) and declined from Jun. 2024 ($29.37 Mil) to Dec. 2024 ($29.26 Mil).

Zhengwei Group Holdings Co's annual retained earnings increased from Dec. 2022 ($27.33 Mil) to Dec. 2023 ($35.52 Mil) but then declined from Dec. 2023 ($35.52 Mil) to Dec. 2024 ($29.26 Mil).


Zhengwei Group Holdings Co Retained Earnings Historical Data

The historical data trend for Zhengwei Group 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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Zhengwei Group Holdings Co Retained Earnings Chart

Zhengwei Group Holdings Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial - - 27.33 35.52 29.26

Zhengwei Group Holdings Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.33 30.74 35.52 29.37 29.26

Zhengwei Group 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.


Zhengwei Group Holdings Co  (OTCPK:ZHGWF) 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.


Zhengwei Group Holdings Co Business Description

Traded in Other Exchanges
Address
487 Yuhu Road, Xiaolan Economic Development and Technology Zone, Nanchang, CHN
Zhengwei Group Holdings Co Ltd produces dry food and snacks, and secondarily trades related products. It produces and sells a variety of snacks (including ready-to-eat vegetarian snacks and meat snacks), such as crispy bamboo shoots and roast necks; and packaged dry goods such as mushrooms, dried aquatic products, seaweed, grains, and seasonings in China. The majority of revenue is derived from the Snacks segment. It has two operating segments Manufacturing & trading, out of which the majority is from the manufacturing segment. Geographically, the majority is from the PRC.

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