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Hily Holding PJSC (ADX:HH) Retained Earnings : د.إ389.74 Mil (As of Dec. 2023)


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What is Hily Holding PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hily Holding PJSC's retained earnings for the quarter that ended in Dec. 2023 was د.إ389.74 Mil.

Hily Holding PJSC's quarterly retained earnings increased from Jun. 2023 (د.إ391.85 Mil) to Sep. 2023 (د.إ393.19 Mil) but then declined from Sep. 2023 (د.إ393.19 Mil) to Dec. 2023 (د.إ389.74 Mil).

Hily Holding PJSC's annual retained earnings increased from Dec. 2021 (د.إ305.79 Mil) to Dec. 2022 (د.إ383.13 Mil) and increased from Dec. 2022 (د.إ383.13 Mil) to Dec. 2023 (د.إ389.74 Mil).


Hily Holding PJSC Retained Earnings Historical Data

The historical data trend for Hily Holding PJSC'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.

Hily Holding PJSC Retained Earnings Chart

Hily Holding PJSC 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 213.33 269.52 305.79 383.13 389.74

Hily Holding PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 383.13 398.89 391.85 393.19 389.74

Hily Holding PJSC 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.


Hily Holding PJSC  (ADX:HH) 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.


Hily Holding PJSC (ADX:HH) Business Description

Traded in Other Exchanges
N/A
Address
Mena Zayed, Plot 4332, P.O. Box 2378, Abu Dhabi, ARE
Hily Holding PJSC Formerly Foodco Holding PJSC is engaged in the import and distribution of foodstuff and household items in the United Arab Emirates, along with investing, development, and management of the real estate and commercial enterprises. It is organized into the following business segments - Investing in securities ("Investment in securities"); ii) Investing in properties ("Investment properties"); iii) Marine, air, and land shipment services along with management and operation of store and warehouses ("Freight forwarding and storage"); and iv) Wholesale and distribution of food products ("Trading").

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