Prada SpA (HKSE:01913) Retained Earnings : HK$5,715 Mil (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Prada SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Prada SpA's retained earnings for the quarter that ended in Dec. 2023 was HK$5,715 Mil.

Prada SpA's quarterly retained earnings declined from Jun. 2023 (HK$2,590 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$5,715 Mil).

Prada SpA's annual retained earnings increased from Dec. 2021 (HK$2,593 Mil) to Dec. 2022 (HK$3,837 Mil) and increased from Dec. 2022 (HK$3,837 Mil) to Dec. 2023 (HK$5,715 Mil).

Prada SpA Retained Earnings Historical Data

The historical data trend for Prada SpA'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.

Prada SpA Retained Earnings Chart

Prada SpA Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

2,218.11

-510.56

2,593.09

3,836.56

5,714.92

Prada SpA Quarterly Data
	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-	3,836.56	2,589.80	-	5,714.92

Prada SpA 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.

Prada SpA (HKSE:01913) 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.

Prada SpA (HKSE:01913) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Prada SpA (HKSE:01913) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

PRDSY:USA PRDSF:USA PRP:Germany

Address

Via Antonio Fogazzaro, 28, Milan, ITA, 20135

Website

https://www.pradagroup.com

Prada is a family owned holding comprising Prada brand, a younger and more fashion-oriented Miu Miu, and two classic shoe brands: Church's and Car Shoe. The company generates more than EUR 4.2 billion in sales, with almost 90% from the Prada brand. Leather goods make up 50% of retail sales, ready-to-wear 29%, footwear 18%, and licensing (mainly eyewear and fragrances) 3%. Geographically, Asia is the biggest region with 33% of retail sales, followed by Europe at 32%, 21% in the Americas, and 10% in Japan.

Executives

Bertelli Patrizio	2201 Interest of corporation controlled by you
Pa Be 1 S.p.a.	2201 Interest of corporation controlled by you
Ludo S.p.a. (formerly Known As "ludo S.r.l.")	2201 Interest of corporation controlled by you
Prada Bianchi Miuccia	2201 Interest of corporation controlled by you

Prada SpA (HKSE:01913) Headlines

No Headlines