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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fulu Holdings's retained earnings for the quarter that ended in Jun. 2026 was HK$692.7 Mil.
Fulu Holdings's quarterly retained earnings
declined
from Jun. 2025 (HK$642.5 Mil) to Dec. 2025 (HK$641.4 Mil) but then
increased
from Dec. 2025 (HK$641.4 Mil) to Jun. 2026 (HK$692.7 Mil).
Fulu Holdings's annual retained earnings
declined
from Dec. 2023 (HK$597.6 Mil) to Dec. 2024 (HK$592.1 Mil) but then
increased
from Dec. 2024 (HK$592.1 Mil) to Dec. 2025 (HK$641.4 Mil).
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.
Fulu Holdings Retained Earnings Historical Data
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The historical data trend for Fulu 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.
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.
What does a Retained Earnings of HK$692.7 Mil mean?
Fulu Holdings (HKSE:02101) has a Retained Earnings of HK$692.7 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Fulu Holdings and its competitors.
Is Fulu Holdings' Retained Earnings too high?
Fulu Holdings' current Retained Earnings is HK$692.7 Mil. Overall, Fulu Holdings has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fulu Holdings' Retained Earnings compare to AMZN and BABA?
Fulu Holdings' Retained Earnings of HK$692.7 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Retail - Cyclical company?
A good Retained Earnings depends on the Retail - Cyclical industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Fulu Holdings and its competitors. Fulu Holdings's current Retained Earnings is HK$692.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulu Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fulu Holdings (HKSE:02101) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.16, compared to a current price of HK$0.97 — trading 16.8% below its estimated fair value. The current Retained Earnings is HK$692.7 Mil. Fulu Holdings' overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Fulu Holdings (HKSE:02101), the current Retained Earnings is HK$692.7 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fulu Holdings (HKSE:02101) Overvalued in 2026?
Based on GuruFocus' analysis, Fulu Holdings stock appears to be undervalued.
The current stock price of HK$0.97 is trading 16.8% below its estimated GF Value™ of HK$1.16.
GuruFocus considers Fulu Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:02101:
Retained Earnings: HK$692.7 Mil
GF Value™: HK$1.16 vs. price of HK$0.97 (16.8% below fair value)
No single metric tells the full story. See the HKSE:02101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 77, Guanggu Avenue, 14th Floor, Building B27, Optics Valley Financial Port, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN
Fulu Holdings Ltd is principally engaged in the provision of services to facilitate digital goods transactions and online store operating services. The company generates revenue from five business segments: leisure and entertainment, games, telecommunications, lifestyle, and corporate welfare. The company generates the maximum of its revenue from the Lifestyle segment. It generates all of its revenue from China only.
82GF Score
Get the complete analysis for HKSE:02101
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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