MS Group Holdings (HKSE:01451) Retained Earnings : HK$155.5 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is MS Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MS Group Holdings's retained earnings for the quarter that ended in Dec. 2023 was HK$155.5 Mil.

MS Group Holdings's quarterly retained earnings declined from Dec. 2022 (HK$151.2 Mil) to Jun. 2023 (HK$148.3 Mil) but then increased from Jun. 2023 (HK$148.3 Mil) to Dec. 2023 (HK$155.5 Mil).

MS Group Holdings's annual retained earnings increased from Dec. 2021 (HK$137.4 Mil) to Dec. 2022 (HK$151.2 Mil) and increased from Dec. 2022 (HK$151.2 Mil) to Dec. 2023 (HK$155.5 Mil).

MS Group Holdings Retained Earnings Historical Data

The historical data trend for MS Group 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.

MS Group Holdings Retained Earnings Chart

MS Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

107.97

121.97

137.39

151.19

155.47

MS Group Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial											137.39	150.33	151.19	148.25	155.47

MS Group 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.

MS Group Holdings (HKSE:01451) 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.

MS Group Holdings (HKSE:01451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » MS Group Holdings Ltd (HKSE:01451) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Sheung Yuet Road, Room 907, 9th Floor, Enterprise Square Tower 1, Kowloon Bay, Hong Kong, HKG

Website

http://www.mainsuccess.cn

MS Group Holdings Ltd produces and sells plastic bottles and baby feeding accessories. Its operating segments are the OEM business which comprises the production and sales of plastic bottles and cups for infants and toddlers and plastic sports bottles on an OEM basis predominately for the overseas markets; and the Yo Yo Monkey Business, which comprises the production and sales of infant and toddler products, particularly plastic bottles and cups, under the brand developed by the Group and known as Yo Yo Monkey, principally for the PRC market, and the majority of the revenue comes from the OEM business. Its revenue is mainly derived from the United States of America; also has a presence in the Netherlands, Italy, the PRC, and other countries.

Executives

Chau Ching	2101 Beneficial owner
Cheung Hau Ling	2202 Interest of your spouse
Chung Kwok Keung Peter	2101 Beneficial owner
Lee Yiu Chee Eugenia	2202 Interest of your spouse
Ching Wai Holdings Limited	2101 Beneficial owner
L.v.e.p. Holdings Limited	2101 Beneficial owner

MS Group Holdings (HKSE:01451) Headlines

No Headlines