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SOHO Development (WAR:SHD) Retained Earnings : zł-11.04 Mil (As of Dec. 2023)


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What is SOHO Development Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SOHO Development's retained earnings for the quarter that ended in Dec. 2023 was zł-11.04 Mil.

SOHO Development's quarterly retained earnings increased from Mar. 2023 (zł-10.87 Mil) to Jun. 2023 (zł-10.82 Mil) but then declined from Jun. 2023 (zł-10.82 Mil) to Dec. 2023 (zł-11.04 Mil).

SOHO Development's annual retained earnings declined from Sep. 2019 (zł27.66 Mil) to Sep. 2020 (zł16.31 Mil) and declined from Sep. 2020 (zł16.31 Mil) to Sep. 2021 (zł12.18 Mil).


SOHO Development Retained Earnings Historical Data

The historical data trend for SOHO Development'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.

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SOHO Development Retained Earnings Chart

SOHO Development Annual Data
Trend Dec10 Dec11 Dec12 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.83 -33.99 27.66 16.31 12.18

SOHO Development Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 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 24.03 -0.68 -10.87 -10.82 -11.04

SOHO Development 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.


SOHO Development  (WAR:SHD) 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.


SOHO Development (WAR:SHD) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Minska 25, Budynek 1923, Warszawa, POL, 03808
SOHO Development SA is a Poland based company which operates as an investment company. The company's long-term strategy is to focus on property development based on its land bank and the sale of non-strategic assets.

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