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YY Group Holding (YY Group Holding) Retained Earnings : $0.55 Mil (As of Dec. 2023)


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What is YY Group Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. YY Group Holding's retained earnings for the quarter that ended in Dec. 2023 was $0.55 Mil.

YY Group Holding's quarterly retained earnings declined from Dec. 2022 ($-0.31 Mil) to Jun. 2023 ($-0.45 Mil) but then increased from Jun. 2023 ($-0.45 Mil) to Dec. 2023 ($0.55 Mil).

YY Group Holding's annual retained earnings increased from Dec. 2021 ($-1.03 Mil) to Dec. 2022 ($-0.31 Mil) and increased from Dec. 2022 ($-0.31 Mil) to Dec. 2023 ($0.55 Mil).


YY Group Holding Retained Earnings Historical Data

The historical data trend for YY Group Holding'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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YY Group Holding Retained Earnings Chart

YY Group Holding Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-1.03 -0.31 0.55

YY Group Holding Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings -1.03 - -0.31 -0.45 0.55

YY Group Holding 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.


YY Group Holding  (NAS:YYGH) 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.


YY Group Holding (YY Group Holding) Business Description

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Traded in Other Exchanges
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Address
60 Paya Lebar Road, 05-43 Paya Lebar Square, Singapore, SGP, 409051
YY Group Holding Ltd is a data and technology driven company focused on developing enterprise intelligent labor matching services and smart cleaning services founded in Singapore. It provides enterprise manpower outsourcing and smart cleaning services in Singapore and Malaysia. The group has two operating segment, which is cleaning services segment and manpower outsourcing services, Maximum revenue is generated from cleaning services.

YY Group Holding (YY Group Holding) Headlines

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