HKBN (STU:2HK) Retained Earnings : €-48 Mil (As of Aug. 2024)

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What is HKBN Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HKBN's retained earnings for the quarter that ended in Aug. 2024 was €-48 Mil.

HKBN's quarterly retained earnings declined from Aug. 2023 (€11 Mil) to Feb. 2024 (€-23 Mil) and declined from Feb. 2024 (€-23 Mil) to Aug. 2024 (€-48 Mil).

HKBN's annual retained earnings declined from Aug. 2022 (€192 Mil) to Aug. 2023 (€11 Mil) and declined from Aug. 2023 (€11 Mil) to Aug. 2024 (€-48 Mil).

HKBN Retained Earnings Historical Data

The historical data trend for HKBN'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.

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HKBN Retained Earnings Chart

HKBN Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Retained Earnings

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106.39

192.15

11.30

-47.81

HKBN Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Retained Earnings	Get a 7-Day Free Trial															192.15	184.58	11.30	-23.45	-47.81

HKBN 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.

HKBN (STU:2HK) 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.

HKBN Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » HKBN Ltd (STU:2HK) » Definitions » Retained Earnings

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01310:Hong Kong 2HK:Germany

Address

77 Hoi Bun Road, 19th Floor, Tower 1, The Quayside, Kwun Tong, Kowloon, HKG

Website

http://www.hkbnltd.net

HKBN Ltd is a telecommunications company. The company derives revenue from broadband Internet services and voice services to both residential and enterprise customers. The principal activities of the Group are: provision of fixed telecommunications network services, international telecommunications services, and mobile services to residential and enterprise customers in Hong Kong; system integration services; product sales; and marketing and distribution of computer hardware and software, telecommunication products, office automation products and the provision of related services. The company has two segments Telecom and technology solutions (Hong Kong) and Telecom and technology solutions (Hong Kong) and the majority of its revenue is generated from Hong Kong.

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