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Synergy Empire (Synergy Empire) Retained Earnings : $-2.21 Mil (As of Dec. 2023)


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What is Synergy Empire Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Synergy Empire's retained earnings for the quarter that ended in Dec. 2023 was $-2.21 Mil.

Synergy Empire's quarterly retained earnings declined from Jun. 2023 ($-2.18 Mil) to Sep. 2023 ($-2.21 Mil) and declined from Sep. 2023 ($-2.21 Mil) to Dec. 2023 ($-2.21 Mil).

Synergy Empire's annual retained earnings declined from Mar. 2021 ($-1.16 Mil) to Mar. 2022 ($-1.60 Mil) and declined from Mar. 2022 ($-1.60 Mil) to Mar. 2023 ($-2.13 Mil).


Synergy Empire Retained Earnings Historical Data

The historical data trend for Synergy Empire'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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Synergy Empire Retained Earnings Chart

Synergy Empire Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
-0.93 -1.14 -1.16 -1.60 -2.13

Synergy Empire Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.12 -2.13 -2.18 -2.21 -2.21

Synergy Empire 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.


Synergy Empire  (OTCPK:SHMY) 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.


Synergy Empire (Synergy Empire) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Jalan 12/118B, Desa Tun Razak, Kuala Lumpur, MYS, 56100
Synergy Empire Ltd is engaged in the production and sale of food products, specifically desserts created and sold through various restaurants. The company sells the products under the brand name Sweet Hut. The company has two restaurant outlets and one central kitchen in Malaysia. The company cooperates with online food delivery companies to have their desserts displayed on their platforms in order to promote their desserts such as Foodpanda and Honestbee food delivery. The firm generates the majority of its revenue from the Dine-in service.

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