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Singamas Container Holdings (Singamas Container Holdings) Retained Earnings : $201.7 Mil (As of Dec. 2023)


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What is Singamas Container Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Singamas Container Holdings's retained earnings for the quarter that ended in Dec. 2023 was $201.7 Mil.

Singamas Container Holdings's quarterly retained earnings increased from Dec. 2022 ($248.6 Mil) to Jun. 2023 ($252.0 Mil) but then declined from Jun. 2023 ($252.0 Mil) to Dec. 2023 ($201.7 Mil).

Singamas Container Holdings's annual retained earnings declined from Dec. 2021 ($340.9 Mil) to Dec. 2022 ($248.6 Mil) and declined from Dec. 2022 ($248.6 Mil) to Dec. 2023 ($201.7 Mil).


Singamas Container Holdings Retained Earnings Historical Data

The historical data trend for Singamas Container 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.

Singamas Container Holdings Retained Earnings Chart

Singamas Container Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 216.66 183.80 340.91 248.58 201.67

Singamas Container Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 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 340.91 267.52 248.58 251.99 201.67

Singamas Container 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.


Singamas Container Holdings  (OTCPK:SNGSF) 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.


Singamas Container Holdings (Singamas Container Holdings) Business Description

Traded in Other Exchanges
Address
75-83 King’s Road, 19th Floor, SUP Tower, Hong Kong, HKG
Singamas Container Holdings Ltd is a Hong Kong-based investment holding company. Its operations represent two business segments. The Manufacturing segment is the key revenue driver for the company. It involves the manufacturing of dry freight containers, collapsible flatrack containers, tank containers, offshore containers, other specialized containers, and container parts. The Logistics services segment is engaged in the provision of container storage, repair, and trucking services, serving as a freight station, container/cargo handling, and other container-related services. Its geographical segments include Hong Kong, Europe, the United States of America, Taiwan, Singapore, the Middle East, PRC, Korea, and Others.

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