E-Home Household Service Holdings (E-Home Household Service Holdings) Retained Earnings : $-8.80 Mil (As of Dec. 2023)

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What is E-Home Household Service Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. E-Home Household Service Holdings's retained earnings for the quarter that ended in Dec. 2023 was $-8.80 Mil.

E-Home Household Service Holdings's quarterly retained earnings declined from Dec. 2022 ($28.17 Mil) to Jun. 2023 ($-3.63 Mil) and declined from Jun. 2023 ($-3.63 Mil) to Dec. 2023 ($-8.80 Mil).

E-Home Household Service Holdings's annual retained earnings declined from Jun. 2021 ($36.80 Mil) to Jun. 2022 ($31.37 Mil) and declined from Jun. 2022 ($31.37 Mil) to Jun. 2023 ($-3.63 Mil).

E-Home Household Service Holdings Retained Earnings Historical Data

The historical data trend for E-Home Household Service 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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E-Home Household Service Holdings Retained Earnings Chart

E-Home Household Service Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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24.75

30.40

36.80

31.37

-3.63

E-Home Household Service Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial									36.20	31.37	28.17	-3.63	-8.80

E-Home Household Service 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.

E-Home Household Service Holdings (NAS:EJH) 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.

E-Home Household Service Holdings (E-Home Household Service Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » E-Home Household Service Holdings Ltd (NAS:EJH) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

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Address

Yangqiao Road, Dongbai Center, 18th Floor, East Tower, Building B, Gulou District, Fuzhou, CHN, 350001

Website

https://www.ej111.com

E-Home Household Service Holdings Ltd is a household service company providing integrated household services through its website and WeChat platform across China. The company offers services including home appliance and housekeeping services. It operates its business mainly by receiving the orders online and providing the services offline. Its operations are organized into five reportable segments: installation and maintenance services, housekeeping services, senior care services, sales of pharmaceutical products and educational consulting services. The group's principal source of revenue comes from the Installation and Maintenance segment, followed by Housekeeping and Senior care services segment.