Hafnia (STU:RE0) Retained Earnings : €738 Mil (As of Sep. 2024)

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What is Hafnia Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hafnia's retained earnings for the quarter that ended in Sep. 2024 was €738 Mil.

Hafnia's quarterly retained earnings increased from Dec. 2023 (€579 Mil) to Jun. 2024 (€753 Mil) but then declined from Jun. 2024 (€753 Mil) to Sep. 2024 (€738 Mil).

Hafnia's annual retained earnings increased from Dec. 2021 (€-111 Mil) to Dec. 2022 (€361 Mil) and increased from Dec. 2022 (€361 Mil) to Dec. 2023 (€579 Mil).

Hafnia Retained Earnings Historical Data

The historical data trend for Hafnia'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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Hafnia Retained Earnings Chart

Hafnia Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-108.83

-57.92

-111.47

360.50

578.65

Hafnia Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															497.06	522.34	578.65	753.05	737.84

Hafnia 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.

Hafnia (STU:RE0) 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.

Hafnia Business Description

Industry

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HAFN:USA HAFNIAo:Sweden HAFNI:Norway HAFNIo:UK

Address

c/o Hafnia SG Pte Ltd, 10 Pasir Panjang Road, No.18-01 Mapletree Business City, Singapore, SGP, 117438

Website

https://hafnia.com

Hafnia Ltd is one of the tanker owners, transporting oil, oil products and chemicals for national and international oil companies, chemical companies, as well as trading and utility companies. As owners and operators of around 200 vessels, It offers a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk.

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