GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Huishang Bank Corp Ltd (OTCPK:HHSSF) » Definitions » Retained Earnings

Huishang Bank (Huishang Bank) Retained Earnings : $7,592 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Huishang Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Huishang Bank's retained earnings for the quarter that ended in Dec. 2023 was $7,592 Mil.

Huishang Bank's quarterly retained earnings increased from Dec. 2022 ($6,682 Mil) to Jun. 2023 ($6,952 Mil) and increased from Jun. 2023 ($6,952 Mil) to Dec. 2023 ($7,592 Mil).

Huishang Bank's annual retained earnings increased from Dec. 2021 ($6,155 Mil) to Dec. 2022 ($6,682 Mil) and increased from Dec. 2022 ($6,682 Mil) to Dec. 2023 ($7,592 Mil).


Huishang Bank Retained Earnings Historical Data

The historical data trend for Huishang Bank'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.

Huishang Bank Retained Earnings Chart

Huishang Bank 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 3,991.96 4,857.20 6,155.17 6,682.04 7,591.69

Huishang Bank Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 6,155.17 6,312.51 6,682.04 6,951.77 7,591.69

Huishang Bank 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.


Huishang Bank  (OTCPK:HHSSF) 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.


Huishang Bank (Huishang Bank) Business Description

Traded in Other Exchanges
Address
No. 1699 Yungu Road, Huishang Bank Building, Anhui Province, Hefei, CHN, 230092
Huishang Bank Corp Ltd is a regional commercial bank in China. The company operates through four main business segments: corporate banking, retail banking, treasury, and others. The corporate banking segment provides financial services to corporate customers, government authorities, and financial institutions, such as current accounts, deposits, overdrafts, loans, and wealth management products. The retail banking segment provides services to retail customers, such as savings deposits, personal loans, and advances. The treasury segment provides securities investment and money market and repurchase transactions. The other segment includes investment holding and other miscellaneous activities. The company operates in China and earns the majority of its revenue in the Anhui Province.

Huishang Bank (Huishang Bank) Headlines