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Ajia Innogroup Holdings (Ajia Innogroup Holdings) Retained Earnings : $-6.40 Mil (As of Jun. 2023)


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What is Ajia Innogroup Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ajia Innogroup Holdings's retained earnings for the quarter that ended in Jun. 2023 was $-6.40 Mil.

Ajia Innogroup Holdings's quarterly retained earnings declined from Dec. 2022 ($-1.22 Mil) to Mar. 2023 ($-1.39 Mil) and declined from Mar. 2023 ($-1.39 Mil) to Jun. 2023 ($-6.40 Mil).

Ajia Innogroup Holdings's annual retained earnings declined from Jun. 2021 ($-0.83 Mil) to Jun. 2022 ($-1.12 Mil) and declined from Jun. 2022 ($-1.12 Mil) to Jun. 2023 ($-6.40 Mil).


Ajia Innogroup Holdings Retained Earnings Historical Data

The historical data trend for Ajia Innogroup 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.

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Ajia Innogroup Holdings Retained Earnings Chart

Ajia Innogroup Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -0.58 -0.65 -0.83 -1.12 -6.40

Ajia Innogroup Holdings Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -1.12 -1.13 -1.22 -1.39 -6.40

Ajia Innogroup 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.


Ajia Innogroup Holdings  (OTCPK:AJIA) 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.


Ajia Innogroup Holdings (Ajia Innogroup Holdings) Business Description

Traded in Other Exchanges
N/A
Address
187 E. Warm Springs Road, Suite B307, Las Vegas, NV, USA, 89119
Ajia Innogroup Holdings Ltd is an all-in-one point-of-sale and restaurant management platform. As a cloud-based system built specifically for restaurants. AJIA offers advanced functionality including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management on an easy-to-use interface.
Executives
Ajia Group Ltd 10 percent owner FLAT/RM 303, 3F, AUSTIN TOWER, 22-26 AUSTIN AVENUE, TSIM SHA TSUI, KOWLOON K3 00000

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