Far East Horizon (HKSE:03360) Retained Earnings : HK$36,435 Mil (As of Dec. 2024)

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What is Far East Horizon Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Far East Horizon's retained earnings for the quarter that ended in Dec. 2024 was HK$36,435 Mil.

Far East Horizon's quarterly retained earnings declined from Dec. 2023 (HK$37,460 Mil) to Jun. 2024 (HK$35,881 Mil) but then increased from Jun. 2024 (HK$35,881 Mil) to Dec. 2024 (HK$36,435 Mil).

Far East Horizon's annual retained earnings increased from Dec. 2022 (HK$0 Mil) to Dec. 2023 (HK$37,460 Mil) but then declined from Dec. 2023 (HK$37,460 Mil) to Dec. 2024 (HK$36,435 Mil).

Far East Horizon Retained Earnings Historical Data

The historical data trend for Far East Horizon'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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Far East Horizon Retained Earnings Chart

Far East Horizon Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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37,460.47

36,435.38

Far East Horizon Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-	-	37,460.47	35,881.44	36,435.38

Far East Horizon 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.

Far East Horizon (HKSE:03360) 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.

Far East Horizon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Far East Horizon Ltd (HKSE:03360) » Definitions » Retained Earnings

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F6H:Germany

Address

1 Austin Road West, Unit 6608, 66th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

https://www.fehorizon.com

Far East Horizon Ltd is a specialty finance provider. Its services entail integrated finance, investment, trade, advisory, and engineering services in healthcare, infrastructure construction, electronic information, packaging, transportation, and other sectors. The company operates in two segments. The Financial, lease and advisory business is the highest revenue-generating segment for the company that deals with the provision of direct finance leasing, sale-leaseback, factoring, entrusted loans, and advisory services. The industrial operation and management business segment deals with the import and export trade and domestic trade of medical equipment, the provision of trade agency services, medical engineering, hospital and healthcare management, and ship brokerage services.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Hsbc Holdings Plc	2201 Interest of corporation controlled by you
Kong Fanxing	2101 Beneficial owner
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Cathay Financial Holding Co., Ltd.	2101 Beneficial owner
Zhong Hua Zi Ben Tou Zi Guan Li Xiang Gang You Xian Gong Si	2101 Beneficial owner
Idea Prosperous Limited	2501 Other
Cantrust (far East) Limited
Gold Stone Enterprise Limited
Wolhardt Julian Juul	2201 Interest of corporation controlled by you
Capital Rise Limited	2101 Beneficial owner
Dcp, Ltd.	2201 Interest of corporation controlled by you
Dcp General Partner, Ltd	2201 Interest of corporation controlled by you
Dcp Capital Partners, L.p.	2201 Interest of corporation controlled by you
Capital Bridge Limited	2201 Interest of corporation controlled by you

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