Hanryu Holdings (Hanryu Holdings) Retained Earnings : $-38.74 Mil (As of Sep. 2023)

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What is Hanryu Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hanryu Holdings's retained earnings for the quarter that ended in Sep. 2023 was $-38.74 Mil.

Hanryu Holdings's quarterly retained earnings declined from Mar. 2023 ($-32.67 Mil) to Jun. 2023 ($-35.68 Mil) and declined from Jun. 2023 ($-35.68 Mil) to Sep. 2023 ($-38.74 Mil).

Hanryu Holdings's annual retained earnings declined from Dec. 2020 ($-10.70 Mil) to Dec. 2021 ($-23.37 Mil) and declined from Dec. 2021 ($-23.37 Mil) to Dec. 2022 ($-29.61 Mil).

Hanryu Holdings Retained Earnings Historical Data

The historical data trend for Hanryu 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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Hanryu Holdings Retained Earnings Chart

Hanryu Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Retained Earnings

-10.70

-23.37

-29.61

Hanryu Holdings Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial					-28.27	-29.61	-32.67	-35.68	-38.74

Hanryu 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.

Hanryu Holdings (NAS:HRYU) 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.

Hanryu Holdings (Hanryu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hanryu Holdings Inc (NAS:HRYU) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

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Address

160, Yeouiseo-ro, Yeongdeungpo-gu, Seoul, KOR, 07231

Website

https://www.hanryuholdings.com

Hanryu Holdings Inc is the creator of the engaging and innovative social media platform, FANTOO. FANTOO connects users around the world that share similar interests by providing distinctive service offerings, technologies, applications, and websites. Through FANTOO, it provides a global multi-media platform for its users to interact with other like-minded users, to share their appreciation of various types of entertainment and cultures, create their own content, enjoy other users' content, engage in commerce.