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Kinh Bac City Development Holding (STC:KBC) Retained Earnings : ₫7,668,466 Mil (As of Mar. 2024)


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What is Kinh Bac City Development Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kinh Bac City Development Holding's retained earnings for the quarter that ended in Mar. 2024 was ₫7,668,466 Mil.

Kinh Bac City Development Holding's quarterly retained earnings increased from Sep. 2023 (₫7,648,951 Mil) to Dec. 2023 (₫7,754,164 Mil) but then declined from Dec. 2023 (₫7,754,164 Mil) to Mar. 2024 (₫7,668,466 Mil).

Kinh Bac City Development Holding's annual retained earnings increased from Dec. 2021 (₫5,411,370 Mil) to Dec. 2022 (₫5,646,308 Mil) and increased from Dec. 2022 (₫5,646,308 Mil) to Dec. 2023 (₫7,754,164 Mil).


Kinh Bac City Development Holding Retained Earnings Historical Data

The historical data trend for Kinh Bac City Development 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.

* Premium members only.

Kinh Bac City Development Holding Retained Earnings Chart

Kinh Bac City Development Holding 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 4,099,263.63 4,316,487.15 5,411,370.04 5,646,308.49 7,754,163.74

Kinh Bac City Development Holding 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 6,587,045.75 7,298,194.86 7,648,951.11 7,754,163.74 7,668,465.74

Kinh Bac City Development 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.


Kinh Bac City Development Holding  (STC:KBC) 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.


Kinh Bac City Development Holding (STC:KBC) Business Description

Traded in Other Exchanges
N/A
Address
Lot B7, Que Vo Industrial Park, Phuong Lieu Commune, Que Vo District, Bac Ninh Province, Hanoi, VNM
Kinh Bac City Development Holding Corp is a real estate company. It is engaged in the investment, construction, development, and management of infrastructure projects such as industrial parks, offices, trade centers, hotels, and finance and other projects. The company generates revenue in the form of land lease, leasing and sales of premises, warehousing, clean water supply, electricity, wastewater treatment, non-service, and transferring real estate. The company operates only in Vietnam.

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