Umax Group (Umax Group) Retained Earnings : $-0.76 Mil (As of Apr. 2018)

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What is Umax Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Umax Group's retained earnings for the quarter that ended in Apr. 2018 was $-0.76 Mil.

Umax Group's quarterly retained earnings declined from Apr. 2013 ($-0.05 Mil) to Apr. 2017 ($-0.40 Mil) and declined from Apr. 2017 ($-0.40 Mil) to Apr. 2018 ($-0.76 Mil).

Umax Group's annual retained earnings declined from Apr. 2013 ($-0.05 Mil) to Apr. 2017 ($-0.40 Mil) and declined from Apr. 2017 ($-0.40 Mil) to Apr. 2018 ($-0.76 Mil).

Umax Group Retained Earnings Historical Data

The historical data trend for Umax Group'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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Umax Group Retained Earnings Chart

Umax Group Annual Data

Trend

Apr12

Apr13

Apr17

Apr18

Retained Earnings

-0.01

-0.05

-0.40

-0.76

Umax Group Semi-Annual Data
	Apr12	Apr13	Apr17	Apr18
Retained Earnings	-0.01	-0.05	-0.40	-0.76

Umax Group 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.

Umax Group (OTCPK:UMAX) 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.

Umax Group (Umax Group) Business Description

Industry

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Traded in Other Exchanges

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Address

2020 Bay Street, Los Angeles, CA, USA, 90012

Website

https://www.umaxgrpcorp.com

Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.