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QDM International (QDM International) Retained Earnings : $-8.59 Mil (As of Dec. 2023)


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What is QDM International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. QDM International's retained earnings for the quarter that ended in Dec. 2023 was $-8.59 Mil.

QDM International's quarterly retained earnings increased from Jun. 2023 ($-9.05 Mil) to Sep. 2023 ($-8.78 Mil) and increased from Sep. 2023 ($-8.78 Mil) to Dec. 2023 ($-8.59 Mil).

QDM International's annual retained earnings declined from Mar. 2021 ($-9.64 Mil) to Mar. 2022 ($-10.04 Mil) but then increased from Mar. 2022 ($-10.04 Mil) to Mar. 2023 ($-9.99 Mil).


QDM International Retained Earnings Historical Data

The historical data trend for QDM International'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.

* Premium members only.

QDM International Retained Earnings Chart

QDM International Annual Data
Trend Dec12 Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.46 -8.93 -9.64 -10.04 -9.99

QDM International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -10.27 -9.99 -9.05 -8.78 -8.59

QDM International 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.


QDM International  (OTCPK:QDMI) 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.


QDM International (QDM International) Business Description

Traded in Other Exchanges
N/A
Address
5 Canton Road, Room 1030B, 10/F, Ocean Centre, Harbour City, Tsim Sha Tsui, Hong Kong, HKG, 200051
QDM International Inc is an insurance brokerage company operating in Hong Kong. The company sells a wide range of insurance products, consisting of two main categories: life and medical insurance, such as individual life insurance; and general insurance, such as automobile insurance, commercial property insurance, liability insurance, and homeowner insurance. In addition, as a Mandatory Provident Fund Intermediary, it also provides customers with assistance on account opening and related services under the MPF and the Occupational Retirement Schemes Ordinance schemes, both of which are mandatory retirement protection schemes set up for employees who are Hong Kong residents.
Executives
Timothy John Miles director PO BOX 30, DUNDEE MI 48131
Huihe Zheng director, 10 percent owner, officer: Chairman, CEO, and President T2-702 SOHO TIANSHAN SQUARE,, 1717 TIANSHAN ROAD, CHANGNING DISTRICT, SHANGHAI F4 200051
Huili Shen director, officer: Secretary ROOM 707 SOHO T2 TIANSHAN PLAZA, SHANGHAI F4 200051
Robert Brooks 10 percent owner 9 PROSPECT AVENUE, PORT WASHINGTON NY 11050
Kenneth J Scott director 2156 HURON TRAIL, MAITLAND FL 32751
Brian C Rosenbloom director, 10 percent owner
Timothy B Shannon director, officer: CEO/CFO 4279 BURNWOOD TRAIL, DENVER CO 28037

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