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Green Planet Bioengineering Co (Green Planet Bioengineering Co) Retained Earnings : $-1.07 Mil (As of Mar. 2024)


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What is Green Planet Bioengineering Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Green Planet Bioengineering Co's retained earnings for the quarter that ended in Mar. 2024 was $-1.07 Mil.

Green Planet Bioengineering Co's quarterly retained earnings declined from Sep. 2023 ($-1.05 Mil) to Dec. 2023 ($-1.06 Mil) and declined from Dec. 2023 ($-1.06 Mil) to Mar. 2024 ($-1.07 Mil).

Green Planet Bioengineering Co's annual retained earnings declined from Dec. 2021 ($-0.98 Mil) to Dec. 2022 ($-1.01 Mil) and declined from Dec. 2022 ($-1.01 Mil) to Dec. 2023 ($-1.06 Mil).


Green Planet Bioengineering Co Retained Earnings Historical Data

The historical data trend for Green Planet Bioengineering Co'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.

Green Planet Bioengineering Co Retained Earnings Chart

Green Planet Bioengineering Co 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 -0.91 -0.95 -0.98 -1.01 -1.06

Green Planet Bioengineering Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.03 -1.04 -1.05 -1.06 -1.07

Green Planet Bioengineering Co 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.


Green Planet Bioengineering Co  (OTCPK:GPLB) 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.


Green Planet Bioengineering Co (Green Planet Bioengineering Co) Business Description

Traded in Other Exchanges
N/A
Address
20807 Biscayne Boulevard, Suite 203, Aventura, FL, USA, 33180
Green Planet Bioengineering Co Ltd is a shell company.
Executives
Shanyan Ou director, officer: VP of Sales 18851 NE 29TH AVENUE, SUITE 700, AVENTURA FL 33180
Min Jian Chen director, officer: Chief Scientist 18851 NE 29TH AVENUE, SUITE 700, AVENTURA FL 33180
Jianrong Zheng director 18851 NE 29TH AVENUE, SUITE 700, AVENTURA FL 33180
Min Zhao 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 18851 NE 29TH AVENUE, SUITE 700, AVENTURA FL 33180
Min Yan Zhen 10 percent owner 18851 NE 29TH AVENUE, SUITE 700, AVENTURA FL 33180
Cris Neely director, 10 percent owner, officer: President 18851 NE 29TH AVENUE, SUITE 700, AVENTURA CA 33180
Mondo Management Corp. 10 percent owner 61 BROADWAY, NEW YORK NY 10006
Gregory Sichenzia director, 10 percent owner SICHENZIA ROSS FRIEDMAN FERENCE LLP, 1065 AVENUE OF THE AMERICAS, 21ST FLOOR, NEW YORK NY 10018
Darrin M Ocasio director, 10 percent owner, officer: President C/O MONDO ACQUISITION II, 61 BROADWAY, 32ND FLOOR, NEW YORK NY 10006
Michael H Ference director, 10 percent owner, officer: Secretary C/O MONDO ACQUISITION II, 61 BROADWAY, 32ND FLOOR, NEW YORK NY 10006

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