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Zhixin Group Holding (HKSE:02187) Retained Earnings : HK$7.4 Mil (As of Dec. 2024)


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What is Zhixin Group Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zhixin Group Holding's retained earnings for the quarter that ended in Dec. 2024 was HK$7.4 Mil.

Zhixin Group Holding's quarterly retained earnings declined from Dec. 2023 (HK$89.8 Mil) to Jun. 2024 (HK$89.7 Mil) and declined from Jun. 2024 (HK$89.7 Mil) to Dec. 2024 (HK$7.4 Mil).

Zhixin Group Holding's annual retained earnings increased from Dec. 2022 (HK$80.5 Mil) to Dec. 2023 (HK$89.8 Mil) but then declined from Dec. 2023 (HK$89.8 Mil) to Dec. 2024 (HK$7.4 Mil).


Zhixin Group Holding Retained Earnings Historical Data

The historical data trend for Zhixin Group Holding'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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Zhixin Group Holding Retained Earnings Chart

Zhixin Group Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 64.71 86.69 80.46 89.83 7.40

Zhixin Group Holding Semi-Annual Data
Dec17 Dec18 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 80.46 90.46 89.83 89.68 7.40

Zhixin Group Holding 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.


Zhixin Group Holding  (HKSE:02187) 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.


Zhixin Group Holding Business Description

Traded in Other Exchanges
N/A
Address
1.No. 55, Guankou Avenue, Jimei District, Fujian Province, Xiamen, CHN
Zhixin Group Holding Ltd is a manufacturer and supplier of concrete-based building materials. The principal products of the company are ready-mixed concrete and precast concrete components. In addition, the Group is also engaged in solid waste processing and sales of eco-friendly construction materials. The company's operating segments are (i) Ready-mixed concrete, (ii) Precast concrete components, and (iii) Tailings recycling and bricks. The majority of revenue is from the Ready-mixed concrete segment.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Yeung Man 2101 Beneficial owner
Lai Yiyang 2101 Beneficial owner
Hong Wei 2202 Interest of your spouse
Ye Zhijie 2201 Interest of corporation controlled by you
Zhixin Investment Holding Limited 2101 Beneficial owner
Huang Wengui 2201 Interest of corporation controlled by you
Lin Lingling 2202 Interest of your spouse
Yaohe Holding Limited 2101 Beneficial owner

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