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KRP Development Holdings (HKSE:02421) Retained Earnings : HK$742.6 Mil (As of Mar. 2024)


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What is KRP Development Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. KRP Development Holdings's retained earnings for the quarter that ended in Mar. 2024 was HK$742.6 Mil.

KRP Development Holdings's quarterly retained earnings declined from Mar. 2023 (HK$761.9 Mil) to Sep. 2023 (HK$718.4 Mil) but then increased from Sep. 2023 (HK$718.4 Mil) to Mar. 2024 (HK$742.6 Mil).

KRP Development Holdings's annual retained earnings increased from Mar. 2022 (HK$699.3 Mil) to Mar. 2023 (HK$761.9 Mil) but then declined from Mar. 2023 (HK$761.9 Mil) to Mar. 2024 (HK$742.6 Mil).


KRP Development Holdings Retained Earnings Historical Data

The historical data trend for KRP Development 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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KRP Development Holdings Retained Earnings Chart

KRP Development Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
300.67 415.09 699.35 761.89 742.57

KRP Development Holdings Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Retained Earnings Get a 7-Day Free Trial 699.35 713.63 761.89 718.39 742.57

KRP Development 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.


KRP Development Holdings  (HKSE:02421) 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.


KRP Development Holdings Business Description

Traded in Other Exchanges
N/A
Address
611–619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
KRP Development Holdings Ltd is a boutique residential property developer, It is principally engaged in development and sales of residential properties in the fast-developing residential markets in Dongguan, Huizhou and Foshan. It has developed two product series for homebuyers, namely, Villas series, targeting middle income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.
Executives
Tmf (b.v.i.) Ltd. 2201 Interest of corporation controlled by you
New Sense Enterprises Limited 2101 Beneficial owner
Castfast Properties Development Co., Limited 2101 Beneficial owner
Honford Investments Limited 2201 Interest of corporation controlled by you
The Wedding City Co. Limited 2101 Beneficial owner
Ho Cheuk Fai 2201 Interest of corporation controlled by you
Ho Po Chu 2201 Interest of corporation controlled by you
Ho Cheuk Ming 2201 Interest of corporation controlled by you

KRP Development Holdings Headlines

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