Futu Holdings (MEX:FUTU) Retained Earnings : MXN37,739 Mil (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Futu Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Futu Holdings's retained earnings for the quarter that ended in Sep. 2024 was MXN37,739 Mil.

Futu Holdings's quarterly retained earnings increased from Mar. 2024 (MXN26,304 Mil) to Jun. 2024 (MXN31,928 Mil) and increased from Jun. 2024 (MXN31,928 Mil) to Sep. 2024 (MXN37,739 Mil).

Futu Holdings's annual retained earnings increased from Dec. 2021 (MXN10,922 Mil) to Dec. 2022 (MXN17,728 Mil) and increased from Dec. 2022 (MXN17,728 Mil) to Dec. 2023 (MXN24,692 Mil).

Futu Holdings Retained Earnings Historical Data

The historical data trend for Futu 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.

Futu Holdings Retained Earnings Chart

Futu Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

40.45

3,444.35

10,922.40

17,728.09

24,692.38

Futu Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															23,324.58	24,692.38	26,304.16	31,928.16	37,738.55

Futu 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.

Futu Holdings (MEX:FUTU) 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.

Futu Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Futu Holdings Ltd (MEX:FUTU) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

FUTU:USA 6FHA:Germany

Address

No. 18 Bonham Strand West, 11th Floor, Bangkok Bank Building, Sheung Wan, Hong Kong, HKG

Website

https://www.futuholdings.com

Futu Holdings Ltd is an online broker providing one-stop online investing services. The company provides its services through its digital platform Futu NiuNiu, which includes market data, trading service, and news feed of Hong Kong, Mainland China, Singapore, and United States equity markets. It generates its revenue in the form of brokerage commission and handling charge services.