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Lucas GC (Lucas GC) Retained Earnings : $8.5 Mil (As of Dec. 2023)


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What is Lucas GC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lucas GC's retained earnings for the quarter that ended in Dec. 2023 was $8.5 Mil.

Lucas GC's quarterly retained earnings increased from Dec. 2022 ($-1.3 Mil) to Jun. 2023 ($5.6 Mil) and increased from Jun. 2023 ($5.6 Mil) to Dec. 2023 ($8.5 Mil).

Lucas GC's annual retained earnings increased from Dec. 2021 ($-5.8 Mil) to Dec. 2022 ($-1.3 Mil) and increased from Dec. 2022 ($-1.3 Mil) to Dec. 2023 ($8.5 Mil).

Lucas GC Retained Earnings Historical Data

The historical data trend for Lucas GC'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.

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Lucas GC Retained Earnings Chart

Lucas GC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-10.75 -5.84 -1.26 8.55

Lucas GC Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial -5.84 -3.50 -1.26 5.59 8.55

Lucas GC 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.

Lucas GC  (NAS:LGCL) 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.

Lucas GC (Lucas GC) Business Description

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Xiaoyun Road, Room 5A01, 4th Floor, Air China Building, Sanyuanqiao, Chaoyang District, Beijing, CHN, 100027
Website
https://hunter.lucasgchr.com
Lucas GC Ltd is a technology-driven online agent-centric human capital management service provider targeting professionals based on PaaS in China.