GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bossini International Holdings Ltd (HKSE:00592) » Definitions » Retained Earnings

Bossini International Holdings (HKSE:00592) Retained Earnings : HK$-678.8 Mil (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Bossini International Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bossini International Holdings's retained earnings for the quarter that ended in Dec. 2023 was HK$-678.8 Mil.

Bossini International Holdings's quarterly retained earnings declined from Dec. 2022 (HK$-459.9 Mil) to Jun. 2023 (HK$-541.4 Mil) and declined from Jun. 2023 (HK$-541.4 Mil) to Dec. 2023 (HK$-678.8 Mil).

Bossini International Holdings's annual retained earnings declined from Jun. 2021 (HK$0.0 Mil) to Dec. 2022 (HK$-459.9 Mil) and declined from Dec. 2022 (HK$-459.9 Mil) to Dec. 2023 (HK$-678.8 Mil).


Bossini International Holdings Retained Earnings Historical Data

The historical data trend for Bossini International Holdings'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.

Bossini International Holdings Retained Earnings Chart

Bossini International Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 383.30 - - -459.94 -678.80

Bossini International Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 - - -459.94 -541.44 -678.80

Bossini International Holdings 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.


Bossini International Holdings  (HKSE:00592) 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.


Bossini International Holdings (HKSE:00592) Business Description

Traded in Other Exchanges
N/A
Address
9 Tong Yin Street, 2nd Floor, PopOffice, Tseung Kwan O, Kowloon, Hong Kong, HKG
Bossini International Holdings Ltd is an investment holding company. It is engaged in the retailing, distribution, and wholesaling of garments. The company's geographical segment includes Hong Kong and Macau; Mainland China and Singapore. It generates maximum revenue from the Hong Kong and Macau segment. The company offers casual wear apparel products including men's, ladies and kid's wear.
Executives
Law Ching Kit Bosco 2101 Beneficial owner
Viva China Holdings Limited 2201 Interest of corporation controlled by you
Keystar Limited
Li Ning 2201 Interest of corporation controlled by you
Li Chun 2201 Interest of corporation controlled by you
Dragon Leap Developments Limited 2101 Beneficial owner

Bossini International Holdings (HKSE:00592) Headlines

No Headlines