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Poly Property Services Co (HKSE:06049) Retained Earnings : HK$4,680 Mil (As of Dec. 2024)


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What is Poly Property Services Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Poly Property Services Co's retained earnings for the quarter that ended in Dec. 2024 was HK$4,680 Mil.

Poly Property Services Co's quarterly retained earnings increased from Dec. 2023 (HK$3,786 Mil) to Jun. 2024 (HK$4,043 Mil) and increased from Jun. 2024 (HK$4,043 Mil) to Dec. 2024 (HK$4,680 Mil).

Poly Property Services Co's annual retained earnings increased from Dec. 2022 (HK$2,622 Mil) to Dec. 2023 (HK$3,786 Mil) and increased from Dec. 2023 (HK$3,786 Mil) to Dec. 2024 (HK$4,680 Mil).


Poly Property Services Co Retained Earnings Historical Data

The historical data trend for Poly Property Services Co'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.

Poly Property Services Co Retained Earnings Chart

Poly Property Services Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only - - 2,622.34 3,786.32 4,679.93

Poly Property Services Co Semi-Annual Data
Dec16 Dec17 Jun18 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 Premium Member Only Premium Member Only 2,622.34 3,111.88 3,786.32 4,042.87 4,679.93

Poly Property Services Co 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.


Poly Property Services Co  (HKSE:06049) 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.


Poly Property Services Co Business Description

Traded in Other Exchanges
N/A
Address
No. 832 Yue Jiang Zhong Road, 48-49th Floor, Poly Plaza, Hai Zhu District, Guangdong Province, Guangzhou, CHN
Poly Property Services Co Ltd is engaged in provision of property management services, community value-added services, and value-added services to non-property owners. The Company's property management services are engaged in providing property management services to property owners, residents, and property developers, including security, cleaning, greening, gardening, and repair and maintenance. Value-added services to non-property owners engaged in the provision of services to non-property owners, including pre-delivery and other services, Community value-added services include community living services, such as purchase assistance, turnkey furnishing and move-in services, housekeeping and other bespoken services, parking lot management services, and common area value-added services.
Executives
Xi Zang He Tai Qi Ye Guan Li You Xian Gong Si 2101 Beneficial owner
Guang Zhou Bao Li He Tai Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Bao Li Fa Zhan Kong Gu Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Bao Li Nan Fang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bao Li Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Fidelity Funds 2101 Beneficial owner
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Hsbc Global Asset Management (hong Kong) Limited 2102 Investment manager
Xing Zheng Quan Qiu Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Citigroup Inc. 2201 Interest of corporation controlled by you

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