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Green Leader Holdings Group (HKSE:00061) Retained Earnings : HK$-13,537 Mil (As of Dec. 2023)


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What is Green Leader Holdings Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Green Leader Holdings Group's retained earnings for the quarter that ended in Dec. 2023 was HK$-13,537 Mil.

Green Leader Holdings Group's quarterly retained earnings declined from Dec. 2022 (HK$-11,806 Mil) to Jun. 2023 (HK$-12,777 Mil) and declined from Jun. 2023 (HK$-12,777 Mil) to Dec. 2023 (HK$-13,537 Mil).

Green Leader Holdings Group's annual retained earnings declined from Dec. 2021 (HK$-11,589 Mil) to Dec. 2022 (HK$-11,806 Mil) and declined from Dec. 2022 (HK$-11,806 Mil) to Dec. 2023 (HK$-13,537 Mil).


Green Leader Holdings Group Retained Earnings Historical Data

The historical data trend for Green Leader Holdings 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.

* Premium members only.

Green Leader Holdings Group Retained Earnings Chart

Green Leader Holdings Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12,723.54 -11,856.57 -11,588.96 -11,805.74 -13,536.61

Green Leader Holdings Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -11,588.96 - -11,805.74 -12,776.60 -13,536.61

Green Leader Holdings 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.


Green Leader Holdings Group  (HKSE:00061) 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 Leader Holdings Group (HKSE:00061) Business Description

Traded in Other Exchanges
N/A
Address
88-98 Des Voeux Road Central, Unit A, 12th Floor, Central 88, Hong Kong, HKG
Green Leader Holdings Group Ltd is an investment holding company. The company operates through four segments. The Mining Operation segment is engaged in geological survey, exploration, and development of coal deposits, as well as selling of coking coal. The Systems Integration Services and Software Solutions segment is engaged in the provision of information technology (IT) products, systems integration services, technology services, software development, and software solution services. The Cassava Starch Operation segment engages in the provision of cultivation and processing of cassava starch for sale. The Coal Operation segment is engaged in the provision of coal trading and logistics services. Geographically, it derives a majority of its revenue from China.
Executives
Hao Ting
Best Growth Enterprises Limited
China Oepc Limited
Zhang Sanhuo
China Huarong (macau) International Company Limited 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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