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Midea Real Estate Holding (FRA:MR9) Retained Earnings : €2,101 Mil (As of Jun. 2024)


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What is Midea Real Estate Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Midea Real Estate Holding's retained earnings for the quarter that ended in Jun. 2024 was €2,101 Mil.

Midea Real Estate Holding's quarterly retained earnings declined from Jun. 2023 (€2,148 Mil) to Dec. 2023 (€2,059 Mil) but then increased from Dec. 2023 (€2,059 Mil) to Jun. 2024 (€2,101 Mil).

Midea Real Estate Holding's annual retained earnings increased from Dec. 2021 (€2,031 Mil) to Dec. 2022 (€2,150 Mil) but then declined from Dec. 2022 (€2,150 Mil) to Dec. 2023 (€2,059 Mil).


Midea Real Estate Holding Retained Earnings Historical Data

The historical data trend for Midea Real Estate 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.

Midea Real Estate Holding Retained Earnings Chart

Midea Real Estate Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 1,066.15 1,459.39 2,031.06 2,149.72 2,058.96

Midea Real Estate Holding Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2,282.70 2,149.72 2,147.66 2,058.96 2,101.12

Midea Real Estate 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.


Midea Real Estate Holding  (FRA:MR9) 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.


Midea Real Estate Holding Business Description

Traded in Other Exchanges
Address
No.1 Chengde Road, 34th Floor, Tower 4, Midea Real Estate Plaza, Shunde District, Guangdong Province, Foshan, CHN, 528311
Midea Real Estate Holding Ltd is a real estate development company that offers real estate services. It operates through three principal business segments: Property development and sales; Property management services; and Investment and operation of commercial properties. Property development and sales generates majority of the revenue.

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