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Cathay Group Holdings (HKSE:01981) Retained Earnings : HK$968.4 Mil (As of Jun. 2024)


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What is Cathay Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cathay Group Holdings's retained earnings for the quarter that ended in Jun. 2024 was HK$968.4 Mil.

Cathay Group Holdings's quarterly retained earnings declined from Jun. 2023 (HK$1,035.4 Mil) to Dec. 2023 (HK$930.8 Mil) but then increased from Dec. 2023 (HK$930.8 Mil) to Jun. 2024 (HK$968.4 Mil).

Cathay Group Holdings's annual retained earnings declined from Dec. 2021 (HK$1,223.0 Mil) to Dec. 2022 (HK$1,190.1 Mil) and declined from Dec. 2022 (HK$1,190.1 Mil) to Dec. 2023 (HK$930.8 Mil).


Cathay Group Holdings Retained Earnings Historical Data

The historical data trend for Cathay 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.

Cathay Group Holdings Retained Earnings Chart

Cathay Group Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 1,145.61 1,223.00 1,190.09 930.76 -

Cathay Group Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1,190.09 1,035.43 930.76 968.35 -

Cathay 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.


Cathay Group Holdings  (HKSE:01981) 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.


Cathay Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 93 Jianguo Road, 22nd Floor, Block 12, Wanda Plaza, Chaoyang District, Beijing, CHN, 10022
Cathay Group Holdings Inc is a media group, engaged in the TV/film production business and higher education business focused on media and arts. The company produces films, TV shows, Web films, and TV series.
Executives
Pu Shulin 2307 Founder of a discretionary trust who can infl
Luo Jacqueline 2202 Interest of your spouse
Cathay Media Holding Inc. 2101 Beneficial owner
Media One International (ptc) Limited 2301 Trustee
Winning Global Ventures Limited 2201 Interest of corporation controlled by you
Areo Holdings Limited 2201 Interest of corporation controlled by you
Highland Pines Limited 2101 Beneficial owner
Lam Lai Ming 2201 Interest of corporation controlled by you
Li Gabriel 2201 Interest of corporation controlled by you

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