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Filinvest Development (PHS:FDC) Retained Earnings : ₱122,989 Mil (As of Sep. 2024)


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What is Filinvest Development Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Filinvest Development's retained earnings for the quarter that ended in Sep. 2024 was ₱122,989 Mil.

Filinvest Development's quarterly retained earnings increased from Mar. 2024 (₱117,127 Mil) to Jun. 2024 (₱119,078 Mil) and increased from Jun. 2024 (₱119,078 Mil) to Sep. 2024 (₱122,989 Mil).

Filinvest Development's annual retained earnings increased from Dec. 2021 (₱106,285 Mil) to Dec. 2022 (₱111,329 Mil) and increased from Dec. 2022 (₱111,329 Mil) to Dec. 2023 (₱119,712 Mil).


Filinvest Development Retained Earnings Historical Data

The historical data trend for Filinvest Development'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.

Filinvest Development Retained Earnings Chart

Filinvest Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82,601.87 89,931.06 106,285.09 111,329.16 119,711.53

Filinvest Development 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 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 116,695.60 119,711.53 117,127.34 119,077.83 122,988.55

Filinvest Development 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.


Filinvest Development  (PHS:FDC) 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.


Filinvest Development Business Description

Traded in Other Exchanges
N/A
Address
5th Avenue corner 23rd Street, 6th Floor, The Beaufort, Bonifacio Global City, Metro Manila, Taguig City, PHL, 1634
Filinvest Development Corp is a Philippines-based company engaged in real estate operations as a developer of residential subdivisions and mixed-use urban projects, including condominiums, commercial buildings, industrial parks, and farm estates. It is also involved in leasing operations, hospitality operations, banking and financial services, power and utility operations, sugar farming and milling business, and digital ventures. Its segments are Real Estate, Hospitality, Banking and Financial, Power, Sugar, and Others.

Filinvest Development Headlines

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