GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Green Giant Inc (OTCPK:GGEI) » Definitions » Retained Earnings

Green Giant (Green Giant) Retained Earnings : $-180.47 Mil (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Green Giant Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Green Giant's retained earnings for the quarter that ended in Dec. 2023 was $-180.47 Mil.

Green Giant's quarterly retained earnings declined from Jun. 2023 ($-160.04 Mil) to Sep. 2023 ($-177.55 Mil) and declined from Sep. 2023 ($-177.55 Mil) to Dec. 2023 ($-180.47 Mil).

Green Giant's annual retained earnings declined from Sep. 2021 ($40.69 Mil) to Sep. 2022 ($-67.43 Mil) and declined from Sep. 2022 ($-67.43 Mil) to Sep. 2023 ($-177.55 Mil).

Green Giant Retained Earnings Historical Data

The historical data trend for Green Giant'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.

Green Giant Retained Earnings Chart

Green Giant Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.07 34.95 40.69 -67.43 -177.55

Green Giant 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 -68.01 -69.31 -160.04 -177.55 -180.47

Green Giant 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.

Green Giant  (OTCPK:GGEI) 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.

Green Giant (Green Giant) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Green Giant Inc (OTCPK:GGEI) » Definitions » Retained Earnings
Comparable Companies
ILAL TPHS AEI HCDIQ MYCB BAYP SGD XIN SRRE FHRT HKSE:00016 HKSE:01109 BOM:532868 TSE:1925 HKSE:00688 DFM:EMAAR HKSE:01113 SHSE:600048 SZSE:000002 SZSE:001979
Traded in Other Exchanges
N/A
Address
6 Xinghan Road, 19th Floor, Shaanxi Province, Hanzhong, CHN, 723000
Website
http://www.chinahgs.com
Green Giant Inc is engaged in real estate development buisness and green energy business. The Company engages in real estate development through the VIE, Guangsha, in mainland China, and is transitioning itself from its real estate development business to a new energy corporation. It is engaged in the construction and sale of residential apartments, car parks, and commercial properties. The company's real-estate properties include multi-layer apartment buildings, sub-high-rise apartment buildings, and high-rise apartment buildings. The project portfolios of the company are Yangzhou Pearl Garden Phase I and II, Nanyuan II Project, Mingzhu Garden, Oriental Pearl Garden, and Yangzhou Palace. Majority of the Company's revenue is derived from real estate sales.
Executives
Goldenmountain Solution Inc. 10 percent owner 1100 ABERNATHY RD NE STE 325, ATLANTA GA 30328
Gordon H Silver director C/O PUTNAM LLC, ONE POST OFFICE SQ, BOSTON MA 02109
H. David Sherman director 38 HOMEWOOD ROAD, NEWTON MA 02468
Shenghuei Luo director 6 XINGHAN ROAD 19TH FL, HANZHONG CITY, SHAANXI PROVINCE F4 72300
Yuankai Wen director ROOM 907, TOWER A, HONGYUAN MANSION, NO. 4, JIU XIAN QIAO RD., BEIJING F4 100016
Xiaojun Zhu director, 10 percent owner, officer: President and CEO 6 XINGHAN ROAD, 19TH FLOOR, HANZHONG CITY, SHAANXI PROVINCE F4 723000
Carl M Berg other: Former Officer, Director, 10% 1059 EAST SKYLER DR, DRAPER UT 84020
John Leo director, officer: Secretary 80 WALL STREET, 5TH FLOOR, NEW YORK NY 10005
Zhengquan Wang director, 10 percent owner, officer: CEO, CFO 101 XINANYAO STREET, JINZHOU DISTRICT, DALIAN LIAONING PROV F4 116100
Mark Stewart director PO BOX 51150, IRVINE CA 92619
Kevin J Gadawski director 19 TERRAZA DEL MAR, DANA POINT CA 92629
Brian A Lebrecht 10 percent owner 610 NEWPORT CENTER DRIVE, SUITE 800, NEWPORT BEACH CA 92660
Gerald A Deciccio director 92 CORPORATE PARK, C-141, IRVINE CA 92606