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Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Retained Earnings : $2,525 Mil (As of Dec. 2023)


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What is Hong Kong Exchanges and Clearing Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hong Kong Exchanges and Clearing's retained earnings for the quarter that ended in Dec. 2023 was $2,525 Mil.

Hong Kong Exchanges and Clearing's quarterly retained earnings declined from Jun. 2023 ($2,561 Mil) to Sep. 2023 ($2,202 Mil) but then increased from Sep. 2023 ($2,202 Mil) to Dec. 2023 ($2,525 Mil).

Hong Kong Exchanges and Clearing's annual retained earnings increased from Dec. 2021 ($2,330 Mil) to Dec. 2022 ($2,382 Mil) and increased from Dec. 2022 ($2,382 Mil) to Dec. 2023 ($2,525 Mil).


Hong Kong Exchanges and Clearing Retained Earnings Historical Data

The historical data trend for Hong Kong Exchanges and Clearing'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.

Hong Kong Exchanges and Clearing Retained Earnings Chart

Hong Kong Exchanges and Clearing 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 1,819.98 2,220.62 2,330.17 2,382.28 2,525.42

Hong Kong Exchanges and Clearing Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,193.48 2,560.58 2,201.95 2,525.42 -

Hong Kong Exchanges and Clearing 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.


Hong Kong Exchanges and Clearing  (OTCPK:HKXCF) 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.


Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Business Description

Traded in Other Exchanges
Address
8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Headlines

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