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Emaar the Economic City JSC (SAU:4220) Retained Earnings : ﷼22.8 Mil (As of Dec. 2024)


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What is Emaar the Economic City JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Emaar the Economic City JSC's retained earnings for the quarter that ended in Dec. 2024 was ﷼22.8 Mil.

Emaar the Economic City JSC's quarterly retained earnings declined from Jun. 2024 (﷼-5,631.2 Mil) to Sep. 2024 (﷼-6,100.7 Mil) but then increased from Sep. 2024 (﷼-6,100.7 Mil) to Dec. 2024 (﷼22.8 Mil).

Emaar the Economic City JSC's annual retained earnings declined from Dec. 2022 (﷼-4,690.1 Mil) to Dec. 2023 (﷼-4,938.6 Mil) but then increased from Dec. 2023 (﷼-4,938.6 Mil) to Dec. 2024 (﷼22.8 Mil).


Emaar the Economic City JSC Retained Earnings Historical Data

The historical data trend for Emaar the Economic City JSC'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.

Emaar the Economic City JSC Retained Earnings Chart

Emaar the Economic City JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,761.64 -3,568.06 -4,690.09 -4,938.62 22.78

Emaar the Economic City JSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4,938.62 -5,291.17 -5,631.16 -6,100.73 22.78

Emaar the Economic City JSC 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.


Emaar the Economic City JSC  (SAU:4220) 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.


Emaar the Economic City JSC Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Economic City, Rabigh, SAU
Emaar the Economic City JSC is a real estate development and management company. The main activity of the company is the development of the King Abdullah Economic City (KAEC). It is also engaged in the development of real estate in the economic and other zones and other development activities, including infrastructures, promotion, marketing and sale of land within development areas, development of buildings and housing units, and construction on behalf of other parties. The company's reportable segments includes Residential business, Industrial development, Hospitality and leisure, Education services, and City operations. Key revenue is derived from its Residential business segment which includes revenue from sale/lease rental income of land and units for residential purposes.

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