GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NagaCorp Ltd (HKSE:03918) » Definitions » Retained Earnings

NagaCorp (HKSE:03918) Retained Earnings : HK$6,757 Mil (As of Dec. 2023)


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

What is NagaCorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NagaCorp's retained earnings for the quarter that ended in Dec. 2023 was HK$6,757 Mil.

NagaCorp's quarterly retained earnings increased from Dec. 2022 (HK$5,356 Mil) to Jun. 2023 (HK$6,034 Mil) and increased from Jun. 2023 (HK$6,034 Mil) to Dec. 2023 (HK$6,757 Mil).

NagaCorp's annual retained earnings increased from Dec. 2021 (HK$4,533 Mil) to Dec. 2022 (HK$5,356 Mil) and increased from Dec. 2022 (HK$5,356 Mil) to Dec. 2023 (HK$6,757 Mil).


NagaCorp Retained Earnings Historical Data

The historical data trend for NagaCorp'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.

NagaCorp Retained Earnings Chart

NagaCorp 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 - - 4,532.59 5,355.70 6,756.55

NagaCorp 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 4,532.59 - 5,355.70 6,034.38 6,756.55

NagaCorp 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.


NagaCorp  (HKSE:03918) 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.


NagaCorp (HKSE:03918) Business Description

Traded in Other Exchanges
Address
NagaWorld Samdech Techo, P.O. Box 1099, Hun Sen Park, Phnom Penh, KHM, 120101
NagaCorp Ltd is an investment holding company involved in the resorts and casino industry. The company has two business segments, Casino Operations; and Hotel and Entertainment Operations. The Casino Operations business manages gaming activities, the company's flagship resort, NagaWorld. The resort has a variety of gaming halls, shopping galleries, restaurants, and meeting spaces. Furthermore, it contains segments of both gaming tables and electronic gaming machines. The Hotel and Entertainment Operations segment manages the hotel and leisure businesses of the company. NagaCorp generates the vast majority of its revenue in Cambodia, where it has a casino license until 2065.
Executives
Sakai Global Holdings Ltd. 2201 Interest of corporation controlled by you
Sakai Private Trust Company Pte. Ltd. 2301 Trustee
Chen Yepern 2501 Other
Chen Yiy Fon 2501 Other
Chen Cherchi 2501 Other
Chen Yiy Hwuan 2501 Other
Chen Cien Then 2501 Other
Chenlipkeong Fund Limited 2101 Beneficial owner
Lipkco Group Limited 2101 Beneficial owner
Chan Kin Sun 2101 Beneficial owner
Cheng Kwan Ying Jennifer 2202 Interest of your spouse
Chen Lip Keong 2307 Founder of a discretionary trust who can infl

NagaCorp (HKSE:03918) Headlines

No Headlines