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Century Energy International Holdings (HKSE:08132) Retained Earnings : HK$-799.7 Mil (As of Sep. 2024)


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What is Century Energy International Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Century Energy International Holdings's retained earnings for the quarter that ended in Sep. 2024 was HK$-799.7 Mil.

Century Energy International Holdings's quarterly retained earnings declined from Sep. 2023 (HK$-783.5 Mil) to Mar. 2024 (HK$-789.5 Mil) and declined from Mar. 2024 (HK$-789.5 Mil) to Sep. 2024 (HK$-799.7 Mil).

Century Energy International Holdings's annual retained earnings declined from Mar. 2022 (HK$0.0 Mil) to Mar. 2023 (HK$-769.6 Mil) and declined from Mar. 2023 (HK$-769.6 Mil) to Mar. 2024 (HK$-789.5 Mil).


Century Energy International Holdings Retained Earnings Historical Data

The historical data trend for Century Energy International 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.

* Premium members only.

Century Energy International Holdings Retained Earnings Chart

Century Energy International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -860.36 - - -769.58 -789.53

Century Energy International Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -769.58 - -783.51 -789.53 -799.74

Century Energy International 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.


Century Energy International Holdings  (HKSE:08132) 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.


Century Energy International Holdings Business Description

Traded in Other Exchanges
N/A
Address
23rd Floor, Prudential Tower, Suite 2303, The Gateway, Harbour City, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Century Energy International Holdings Ltd is an investment holding company. Its activities include power and data cords business and general trading business, trading of refined oil and chemicals business. The company derives revenue from sales and manufacture of power cords and inlet sockets for household electric appliances and power and data cords for mobile handsets and medical control devices and raw cables and general trading business.
Executives
Baineng Holdings Limited 2501 Other
Sun Jiusheng 2201 Interest of corporation controlled by you
Zhang Chao 2501 Other
Zhou Jing 2501 Other
Leung Wing Cheong Eric 2501 Other
Cheung Yip Sang 2501 Other
New Origins International Limited 2501 Other
Richmax Investment (h.k.) Limited 2501 Other
Cheung Yuen Chau 2501 Other
Chu David 2501 Other
Tsang Siu Lan 2501 Other
To Sau Man 2501 Other
Grand Strong Investment Limited 2201 Interest of corporation controlled by you
Chan King Wai Leonard 2201 Interest of corporation controlled by you
So Kit Yee Anita 2201 Interest of corporation controlled by you

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