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Mu Global Holding (Mu Global Holding) Retained Earnings : $-2.50 Mil (As of Jan. 2024)


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What is Mu Global Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mu Global Holding's retained earnings for the quarter that ended in Jan. 2024 was $-2.50 Mil.

Mu Global Holding's quarterly retained earnings declined from Jul. 2023 ($-2.46 Mil) to Oct. 2023 ($-2.48 Mil) and declined from Oct. 2023 ($-2.48 Mil) to Jan. 2024 ($-2.50 Mil).

Mu Global Holding's annual retained earnings declined from Jul. 2021 ($-2.03 Mil) to Jul. 2022 ($-2.39 Mil) and declined from Jul. 2022 ($-2.39 Mil) to Jul. 2023 ($-2.46 Mil).


Mu Global Holding Retained Earnings Historical Data

The historical data trend for Mu Global Holding'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.

Mu Global Holding Retained Earnings Chart

Mu Global Holding Annual Data
Trend Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Retained Earnings
Get a 7-Day Free Trial -0.98 -1.65 -2.03 -2.39 -2.46

Mu Global Holding Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -2.44 -2.46 -2.46 -2.48 -2.50

Mu Global Holding 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.


Mu Global Holding  (OTCPK:MUGH) 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.


Mu Global Holding (Mu Global Holding) Business Description

Traded in Other Exchanges
N/A
Address
No. 296, Xinyi Road, 7th Floor, Room No. 5, Section 4, Datong District, Taipei, TWN, 106427
Website
Mu Global Holding Ltd is a beauty and wellness company, providing SPA and wellness service and also Spa related products to the customers. The services provided are designed to improve the overall health system and body function. It operates in the Chinese market with three business models namely Tripartite co-operation and profit-sharing model (deployment of stone spa bed & franchise); Large-scale chain agent model (deployment of stone spa bed); and Direct- service store model. Its products portfolio includes NVB Scent Diffuser and Mini Water Purifier. Its services include Bedrock Bathing/ Hot Stone Bath and Quartz Therapy. The company has geographical segments in Nevada, Seychelles, HongKong and China, where majority of its revenue is eraned from HongKong.

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