GURUFOCUS.COM » STOCK LIST » Technology » Software » Kingdee International Software Group Co Ltd (HKSE:00268) » Definitions » Retained Earnings

Kingdee International Software Group Co (HKSE:00268) Retained Earnings : HK$864 Mil (As of Jun. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Kingdee International Software Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kingdee International Software Group Co's retained earnings for the quarter that ended in Jun. 2024 was HK$864 Mil.

Kingdee International Software Group Co's quarterly retained earnings increased from Jun. 2023 (HK$1,036 Mil) to Dec. 2023 (HK$1,116 Mil) but then declined from Dec. 2023 (HK$1,116 Mil) to Jun. 2024 (HK$864 Mil).

Kingdee International Software Group Co's annual retained earnings declined from Dec. 2021 (HK$1,983 Mil) to Dec. 2022 (HK$1,374 Mil) and declined from Dec. 2022 (HK$1,374 Mil) to Dec. 2023 (HK$1,116 Mil).


Kingdee International Software Group Co Retained Earnings Historical Data

The historical data trend for Kingdee International Software Group Co'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.

Kingdee International Software Group Co Retained Earnings Chart

Kingdee International Software Group Co 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 2,511.77 2,278.15 1,982.97 1,373.89 1,116.10

Kingdee International Software Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,480.50 1,373.89 1,035.55 1,116.10 863.99

Kingdee International Software Group Co 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.


Kingdee International Software Group Co  (HKSE:00268) 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.


Kingdee International Software Group Co Business Description

Traded in Other Exchanges
Address
Kingdee Software Park, No. 2 Kejinan 12 Road, South District, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN
Kingdee International Software Group Co Ltd is engaged in cloud services, including enterprise cloud services, small & micro business finance cloud services, and industry cloud services; and enterprise resource planning business, including development and sales of software products. it has three operating segments; Cloud services business Including enterprise cloud services, small & micro business finance cloud services, and industry cloud services, ERP business and others including sales of software and hardware products, provision of software implementation, software solution consulting, maintenance, upgrade and other supporting services, and others, and Investment Properties operating business include the Operation of investment properties.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Xu Shaochun
Easy Key Holdings Limited
Oriental Tao Limited
Billion Tao Limited
Blackrock, Inc. 2201 Interest of corporation controlled by you
Billion Tao Limited ?formerly Known As Billion Ocean Limited?
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Oriental Tao Limited? Formerly Known As Oriental Gold Limited? 2101 Beneficial owner
Billion Ocean Limited 2101 Beneficial owner

Kingdee International Software Group Co Headlines

No Headlines