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Zero Fintech Group (HKSE:00093) Retained Earnings : HK$84.5 Mil (As of Dec. 2024)


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What is Zero Fintech Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zero Fintech Group's retained earnings for the quarter that ended in Dec. 2024 was HK$84.5 Mil.

Zero Fintech Group's quarterly retained earnings increased from Dec. 2023 (HK$57.4 Mil) to Jun. 2024 (HK$72.1 Mil) and increased from Jun. 2024 (HK$72.1 Mil) to Dec. 2024 (HK$84.5 Mil).

Zero Fintech Group's annual retained earnings increased from Dec. 2022 (HK$45.3 Mil) to Dec. 2023 (HK$57.4 Mil) and increased from Dec. 2023 (HK$57.4 Mil) to Dec. 2024 (HK$84.5 Mil).


Zero Fintech Group Retained Earnings Historical Data

The historical data trend for Zero Fintech 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.

* Premium members only.

Zero Fintech Group Retained Earnings Chart

Zero Fintech Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 45.30 57.43 84.51

Zero Fintech Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 45.30 - 57.43 72.14 84.51

Zero Fintech 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.


Zero Fintech Group  (HKSE:00093) 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.


Zero Fintech Group Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road Central, Room 2107-08, 21st Floor, Cosco Tower, Sheung Wan, Hong Kong, HKG
Zero Fintech Group Ltd is engaged in financial lending business including property development and investment business, mortgage and personal loan financing.
Executives
Hsbc International Trustee Limited 2301 Trustee
Lee & Leung (b.v.i.) Limited 2101 Beneficial owner
Lee & Leung Family Investment Limited 2201 Interest of corporation controlled by you
Aeasy Finance Holdings Limited 2201 Interest of corporation controlled by you
Lee Tommy 2201 Interest of corporation controlled by you
Lee Lap 2501 Other
Leung Lai Ping 2305 Beneficiary of a trust

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