Fortune Sun (China) Holdings (HKSE:00352) Retained Earnings : HK$-127.16 Mil (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Fortune Sun (China) Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fortune Sun (China) Holdings's retained earnings for the quarter that ended in Dec. 2023 was HK$-127.16 Mil.

Fortune Sun (China) Holdings's quarterly retained earnings declined from Dec. 2022 (HK$-119.63 Mil) to Jun. 2023 (HK$-121.32 Mil) and declined from Jun. 2023 (HK$-121.32 Mil) to Dec. 2023 (HK$-127.16 Mil).

Fortune Sun (China) Holdings's annual retained earnings declined from Dec. 2021 (HK$-113.72 Mil) to Dec. 2022 (HK$-119.63 Mil) and declined from Dec. 2022 (HK$-119.63 Mil) to Dec. 2023 (HK$-127.16 Mil).

Fortune Sun (China) Holdings Retained Earnings Historical Data

The historical data trend for Fortune Sun (China) 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.

* Premium members only.

Fortune Sun (China) Holdings Retained Earnings Chart

Fortune Sun (China) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-113.72

-119.63

-127.16

Fortune Sun (China) Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-113.72	-	-119.63	-121.32	-127.16

Fortune Sun (China) 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.

Fortune Sun (China) Holdings (HKSE:00352) 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.

Fortune Sun (China) Holdings (HKSE:00352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fortune Sun (China) Holdings Ltd (HKSE:00352) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1500 Century Avenue, Unit 901, 9th Floor, Orient Building, Pudong New District, Shanghai, CHN, 200122

Website

http://www.fortune-sun.com

Fortune Sun (China) Holdings Ltd operates as an investment holding company. The firm operates a single business segment which is the provision of property consultancy and sales agency services for the primary property market in China. It specializes in diversified business models, such as real estate leasing, management, administration, sales, development, joint-building, buyout, and underwriting. Its geographical segments are China and Cambodia, of which nearly all of its revenues come from China.

Executives

Double Energy Limited	2101 Beneficial owner
Zhu Kai	2201 Interest of corporation controlled by you
Chang Hsiu Hua	2202 Interest of your spouse
Chiang Chen Feng	2201 Interest of corporation controlled by you
Active Star Investment Limited	2101 Beneficial owner
Lin Chien Ju	2101 Beneficial owner

Fortune Sun (China) Holdings (HKSE:00352) Headlines

No Headlines