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Xinda Investment Holdings (HKSE:01281) Retained Earnings : HK$-345.8 Mil (As of Dec. 2023)


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What is Xinda Investment Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Xinda Investment Holdings's retained earnings for the quarter that ended in Dec. 2023 was HK$-345.8 Mil.

Xinda Investment Holdings's quarterly retained earnings increased from Dec. 2022 (HK$-330.9 Mil) to Jun. 2023 (HK$-325.3 Mil) but then declined from Jun. 2023 (HK$-325.3 Mil) to Dec. 2023 (HK$-345.8 Mil).

Xinda Investment Holdings's annual retained earnings declined from Dec. 2021 (HK$12.9 Mil) to Dec. 2022 (HK$-330.9 Mil) and declined from Dec. 2022 (HK$-330.9 Mil) to Dec. 2023 (HK$-345.8 Mil).


Xinda Investment Holdings Retained Earnings Historical Data

The historical data trend for Xinda Investment 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.

Xinda Investment Holdings Retained Earnings Chart

Xinda Investment Holdings 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 45.53 45.95 12.88 -330.94 -345.80

Xinda Investment Holdings 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 12.88 -360.15 -330.94 -325.35 -345.80

Xinda Investment 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.


Xinda Investment Holdings  (HKSE:01281) 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.


Xinda Investment Holdings (HKSE:01281) Business Description

Traded in Other Exchanges
N/A
Address
66 Dongfang Road, Longjitaihe Industrial Park, Hebei Province, Gaobeidian, CHN
Xinda Investment Holdings Ltd formerly LongiTech Smart Energy Holding Ltd is engaged in providing smart energy solutions in the PRC. The primary activities of the company are smart energy and solar energy businesses. Its operating segments are Smart energy business and Public infrastructure construction business of which the majority of the revenue is generated from the Smart energy business segment. Geographically, it operates in China.
Executives
Wei Shaojun 2307 Founder of a discretionary trust who can infl
King River Developments Limited 2201 Interest of corporation controlled by you
Zedra Trust Company (singapore) Limited 2301 Trustee
Harvest Oak Holdings Limited 2101 Beneficial owner
Wei Qiang 2305 Beneficiary of a trust
Lightway Power Holdings Limited 2101 Beneficial owner
China Ruifeng Renewable Energy Holdings Limited 2101 Beneficial owner
Rentian Technology Holdings Limited 2201 Interest of corporation controlled by you
Sino Wealthy Limited 2101 Beneficial owner

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