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SiS International Holdings (HKSE:00529) Retained Earnings : HK$3,445 Mil (As of Dec. 2023)


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What is SiS International Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SiS International Holdings's retained earnings for the quarter that ended in Dec. 2023 was HK$3,445 Mil.

SiS International Holdings's quarterly retained earnings increased from Dec. 2022 (HK$3,356 Mil) to Jun. 2023 (HK$3,374 Mil) and increased from Jun. 2023 (HK$3,374 Mil) to Dec. 2023 (HK$3,445 Mil).

SiS International Holdings's annual retained earnings increased from Dec. 2021 (HK$3,301 Mil) to Dec. 2022 (HK$3,356 Mil) and increased from Dec. 2022 (HK$3,356 Mil) to Dec. 2023 (HK$3,445 Mil).


SiS International Holdings Retained Earnings Historical Data

The historical data trend for SiS International 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.

SiS International Holdings Retained Earnings Chart

SiS International Holdings 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 3,501.43 3,185.84 3,300.94 3,355.56 3,445.46

SiS International 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 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 3,300.94 3,285.68 3,355.56 3,374.17 3,445.46

SiS International 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.


SiS International Holdings  (HKSE:00529) 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.


SiS International Holdings (HKSE:00529) Business Description

Traded in Other Exchanges
N/A
Address
803 Nine Queen's Road Central, Hong Kong, HKG
SiS International Holdings Ltd is an investment holding company. Its business activities are segmented as follows: Distribution of mobile & IT products, Property investment & hotel operations, and Securities investment. The company generates its revenue from the distribution of mobile and IT products segment. Its distribution products include consumer electronic products, computer systems, networking products, notebooks, tablets, software, smartphones, and mobile software & solutions. Its geographical segments are Hong Kong, Japan, Singapore, and Thailand, of which the majority of its revenue comes from Thailand.
Executives
Lim Kia Hong 2202 Interest of your spouse
Lim Kiah Meng 2202 Interest of your spouse

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