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Yuk Wing Group Holdings (HKSE:01536) Retained Earnings : HK$40.0 Mil (As of Sep. 2023)


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What is Yuk Wing Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Yuk Wing Group Holdings's retained earnings for the quarter that ended in Sep. 2023 was HK$40.0 Mil.

Yuk Wing Group Holdings's quarterly retained earnings stayed the same from Sep. 2022 (HK$0.0 Mil) to Mar. 2023 (HK$0.0 Mil) but then increased from Mar. 2023 (HK$0.0 Mil) to Sep. 2023 (HK$40.0 Mil).

Yuk Wing Group Holdings's annual retained earnings increased from Mar. 2021 (HK$0.0 Mil) to Mar. 2022 (HK$49.7 Mil) but then declined from Mar. 2022 (HK$49.7 Mil) to Mar. 2023 (HK$0.0 Mil).


Yuk Wing Group Holdings Retained Earnings Historical Data

The historical data trend for Yuk Wing 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.

Yuk Wing Group Holdings Retained Earnings Chart

Yuk Wing Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.90 - - 49.73 -

Yuk Wing Group Holdings Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 49.73 - - 40.02

Yuk Wing 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.


Yuk Wing Group Holdings  (HKSE:01536) 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.


Yuk Wing Group Holdings (HKSE:01536) Business Description

Traded in Other Exchanges
N/A
Address
288 Des Voeux Road Central, Unit B, 13th Floor, Eton Building, Hong Kong, HKG
Yuk Wing Group Holdings Ltd is an investment holding company engaged in the manufacturing and trading of down-the-hole (DTH) rockdrilling tools. The company's operating segments include Manufacturing and trading of DTH rockdrilling tools, Trading of piling and drilling machineries and Trading of rockdrilling equipment. It generates maximum revenue from the Manufacturing and trading of DTH rockdrilling tools segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC, and other Countries.
Executives
Huang Shixin 2101 Beneficial owner
Chan Leung Choi 2101 Beneficial owner
Colour Shine Investments Limited 2101 Beneficial owner
He Xiaoming 2201 Interest of corporation controlled by you

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