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CM Hi-Tech Cleanroom (HKSE:02115) Retained Earnings : HK$203.7 Mil (As of Dec. 2023)


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What is CM Hi-Tech Cleanroom Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CM Hi-Tech Cleanroom's retained earnings for the quarter that ended in Dec. 2023 was HK$203.7 Mil.

CM Hi-Tech Cleanroom's quarterly retained earnings increased from Dec. 2022 (HK$168.4 Mil) to Jun. 2023 (HK$183.0 Mil) and increased from Jun. 2023 (HK$183.0 Mil) to Dec. 2023 (HK$203.7 Mil).

CM Hi-Tech Cleanroom's annual retained earnings increased from Dec. 2021 (HK$118.8 Mil) to Dec. 2022 (HK$168.4 Mil) and increased from Dec. 2022 (HK$168.4 Mil) to Dec. 2023 (HK$203.7 Mil).


CM Hi-Tech Cleanroom Retained Earnings Historical Data

The historical data trend for CM Hi-Tech Cleanroom'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.

CM Hi-Tech Cleanroom Retained Earnings Chart

CM Hi-Tech Cleanroom Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial - - 118.84 168.43 203.75

CM Hi-Tech Cleanroom Semi-Annual Data
Dec17 Dec18 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 118.84 - 168.43 182.99 203.75

CM Hi-Tech Cleanroom 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.


CM Hi-Tech Cleanroom  (HKSE:02115) 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.


CM Hi-Tech Cleanroom (HKSE:02115) Business Description

Traded in Other Exchanges
N/A
Address
Lot P.T. 14274, Jalan SU8, Persiaran Tengku Ampuan, Shah Alam, SGR, MYS, 40400
CM Hi-Tech Cleanroom Ltd Formerly Channel Micron Holdings Co Ltd is a cleanroom wall and ceiling systems and cleanroom equipment provider. The company provides a range of cleanroom products and services, including the development, production and installation of cleanroom wall and ceiling systems, and cleanroom equipment such as fan filter units (which filter and regulate airflow in a cleanroom), air showers, pass boxes and HEPA filters. Its segments include Cleanroom wall and ceiling systems, which is the key revenue-generating segment; Cleanroom equipment; and others. It has a business presence in the PRC, Malaysia, the Philippines, Singapore and others. A majority of revenue is derived from the PRC.
Executives
Ng Yew Sum 2101 Beneficial owner
Bockmiller Douglas Frederick 2101 Beneficial owner
Chia Francis Mong Tet 2101 Beneficial owner
Dbs Trustee Limited 2301 Trustee
Bockmiller Lauren Lindquist 2307 Founder of a discretionary trust who can infl
Yap Fui Lee 2202 Interest of your spouse
Chia Mong Tet, Francis 2101 Beneficial owner
Yau Ah Lan 2202 Interest of your spouse

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