Honghua Group (FRA:4HB) Retained Earnings : €-280.1 Mil (As of Dec. 2024)

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What is Honghua Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Honghua Group's retained earnings for the quarter that ended in Dec. 2024 was €-280.1 Mil.

Honghua Group's quarterly retained earnings increased from Dec. 2023 (€-279.0 Mil) to Jun. 2024 (€-276.2 Mil) but then declined from Jun. 2024 (€-276.2 Mil) to Dec. 2024 (€-280.1 Mil).

Honghua Group's annual retained earnings declined from Dec. 2022 (€-242.2 Mil) to Dec. 2023 (€-279.0 Mil) and declined from Dec. 2023 (€-279.0 Mil) to Dec. 2024 (€-280.1 Mil).

Honghua Group Retained Earnings Historical Data

The historical data trend for Honghua Group'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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Honghua Group Retained Earnings Chart

Honghua Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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-55.55

-160.76

-242.24

-278.96

-280.13

Honghua Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-242.24	-250.43	-278.96	-276.19	-280.13

Honghua Group 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.

Honghua Group (FRA:4HB) 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.

Honghua Group Business Description

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00196:Hong Kong

Address

99 East Road, Information Park, Jinniu District, Sichuan, Chengdu, CHN, 610036

Website

http://www.hh-gltd.com

Honghua Group Ltd is engaged in manufacturing drilling rigs, oil and gas exploitation equipment, providing drilling services and fracturing. It manufactures conventional land drilling rigs, digital drilling rigs, accessories for drilling rigs, as well as the parts and components for the drilling rigs or the maintenance of the drilling rigs in operation. Its segments include Land drilling rigs; Parts and components and others; Drilling engineering services; and Fracturing. It derives a majority of revenue from Parts and components and others segment. Geographically it operates in the PRC, Americas, Middle East, Europe and Central Asia, South Asia and South East and Africa, of which prime revenue is derived from the PRC.

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