APAC Resources (HKSE:01074) Retained Earnings : HK$1,841.08 Mil (As of Dec. 2024)

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What is APAC Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. APAC Resources's retained earnings for the quarter that ended in Dec. 2024 was HK$1,841.08 Mil.

APAC Resources's quarterly retained earnings declined from Dec. 2023 (HK$2,489.87 Mil) to Jun. 2024 (HK$2,286.63 Mil) and declined from Jun. 2024 (HK$2,286.63 Mil) to Dec. 2024 (HK$1,841.08 Mil).

APAC Resources's annual retained earnings declined from Jun. 2022 (HK$2,475.65 Mil) to Jun. 2023 (HK$2,026.85 Mil) but then increased from Jun. 2023 (HK$2,026.85 Mil) to Jun. 2024 (HK$2,286.63 Mil).

APAC Resources Retained Earnings Historical Data

The historical data trend for APAC Resources'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.

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APAC Resources Retained Earnings Chart

APAC Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

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1,964.92

3,202.06

2,475.65

2,026.85

2,286.63

APAC Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial															2,301.97	2,026.85	2,489.87	2,286.63	1,841.08

APAC Resources 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.

APAC Resources (HKSE:01074) 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.

APAC Resources Business Description

Industry

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01104:Hong Kong FZV1:Germany

Address

138 Gloucester Road, Allied Kajima Building, Wanchai, Room 2304, 23rd Floor, Hong Kong, HKG

Website

http://www.apacresources.com

APAC Resources Ltd is an investment holding company principally engaged in the commodity trading business and natural source investment business. The company operates through three business segments namely Commodity Business which includes trading of commodities; Resource investment which is engaged in the trading of and investment in listed and unlisted securities; and Principal investment and financial services which engaged in the provision of loan financing and investments in loan notes, convertible notes, and other financial assets. The company generates maximum revenue from Commodity Business segment.

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