Empresas Hites (XSGO:HITES) Retained Earnings : CLP7,142 Mil (As of Dec. 2024)

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What is Empresas Hites Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Empresas Hites's retained earnings for the quarter that ended in Dec. 2024 was CLP7,142 Mil.

Empresas Hites's quarterly retained earnings declined from Jun. 2024 (CLP25,721 Mil) to Sep. 2024 (CLP18,056 Mil) and declined from Sep. 2024 (CLP18,056 Mil) to Dec. 2024 (CLP7,142 Mil).

Empresas Hites's annual retained earnings declined from Dec. 2022 (CLP72,787 Mil) to Dec. 2023 (CLP41,567 Mil) and declined from Dec. 2023 (CLP41,567 Mil) to Dec. 2024 (CLP7,142 Mil).

Empresas Hites Retained Earnings Historical Data

The historical data trend for Empresas Hites'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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Empresas Hites Retained Earnings Chart

Empresas Hites Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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37,393.40

66,576.92

72,786.63

41,567.45

7,142.20

Empresas Hites 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															41,567.45	32,553.76	25,720.86	18,056.26	7,142.20

Empresas Hites 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.

Empresas Hites (XSGO:HITES) 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.

Empresas Hites Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Empresas Hites SA (XSGO:HITES) » Definitions » Retained Earnings

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Address

Moneda 970, 14th Floor, Santiago, CHL

Website

http://www.hites.cl

Empresas Hites SA is a Chile-based firm operating in the retail and finance sector. The company operates through the following operating segments; the Retail segment which includes the retail sale of clothing, electrical, and home furnishing products through its department stores; and the Financial segment which represents direct credits granted to its customers through Hites card and other mediums. The company generates a majority of its revenue from the Retail segment.

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