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HKE Holdings (HKSE:01726) Retained Earnings : HK$-129.23 Mil (As of Dec. 2023)


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What is HKE Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HKE Holdings's retained earnings for the quarter that ended in Dec. 2023 was HK$-129.23 Mil.

HKE Holdings's quarterly retained earnings declined from Dec. 2022 (HK$-46.71 Mil) to Jun. 2023 (HK$-88.64 Mil) and declined from Jun. 2023 (HK$-88.64 Mil) to Dec. 2023 (HK$-129.23 Mil).

HKE Holdings's annual retained earnings declined from Jun. 2021 (HK$61.51 Mil) to Jun. 2022 (HK$-3.97 Mil) and declined from Jun. 2022 (HK$-3.97 Mil) to Jun. 2023 (HK$-88.64 Mil).


HKE Holdings Retained Earnings Historical Data

The historical data trend for HKE 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.

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HKE Holdings Retained Earnings Chart

HKE Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 58.93 - 61.51 -3.97 -88.64

HKE Holdings Semi-Annual Data
Jun15 Jun16 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 50.27 -3.97 -46.71 -88.64 -129.23

HKE 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.


HKE Holdings  (HKSE:01726) 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.


HKE Holdings (HKSE:01726) Business Description

Traded in Other Exchanges
N/A
Address
Unit 2414-2416, 24/F, China Merchants Tower, Shun Tak Centre, 168-200 Connaught Road Central, Hong Kong, HKG
HKE Holdings Ltd is a Singapore-based contractor specializing in the medical and healthcare sectors with expertise in performing radiation shielding works. It mainly provides integrated design and building services for hospitals and clinics in Singapore. The company's three operating segments include (i) the Engineering segment which engaged in the provision of integrated design and building services, maintenance and other services as well as sales of tools and materials; (ii) Fintech platform segment; (iii) Investment holding segment. It generates maximum revenue from the Engineering segment.
Executives
Lin Ho Man 2101 Beneficial owner
Flourish Nation Enterprises Limited 2101 Beneficial owner

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