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Edvantage Group Holdings (HKSE:00382) Retained Earnings : HK$2,765 Mil (As of Aug. 2024)


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What is Edvantage Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Edvantage Group Holdings's retained earnings for the quarter that ended in Aug. 2024 was HK$2,765 Mil.

Edvantage Group Holdings's quarterly retained earnings increased from Aug. 2023 (HK$2,054 Mil) to Feb. 2024 (HK$2,396 Mil) and increased from Feb. 2024 (HK$2,396 Mil) to Aug. 2024 (HK$2,765 Mil).

Edvantage Group Holdings's annual retained earnings increased from Aug. 2022 (HK$1,573 Mil) to Aug. 2023 (HK$2,054 Mil) and increased from Aug. 2023 (HK$2,054 Mil) to Aug. 2024 (HK$2,765 Mil).


Edvantage Group Holdings Retained Earnings Historical Data

The historical data trend for Edvantage Group Holdings'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.

Edvantage Group Holdings Retained Earnings Chart

Edvantage Group Holdings Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only - - 1,573.18 2,053.79 2,764.59

Edvantage Group Holdings Semi-Annual Data
Aug16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 1,573.18 - 2,053.79 2,395.66 2,764.59

Edvantage Group Holdings 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.


Edvantage Group Holdings  (HKSE:00382) 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.


Edvantage Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Huashang Road, Licheng Street, Zengcheng, Guangzhou, CHN
Edvantage Group is a leading private education group based in Greater Bay Area. Edvantage primarily offers higher education. It also provides secondary vocational education and non-formal vocational education service. Higher education accounted for about 86% of revenue in fiscal 2024.
Executives
Chen Yuan Rita 2201 Interest of corporation controlled by you
Liu Yung Chau 2201 Interest of corporation controlled by you
De Bo Jiao Yu Tou Zi Kong Gu You Xian Gong Si 2101 Beneficial owner

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