Fortune Real Estate Investment Trust (HKSE:00778) Retained Earnings : HK$19,649 Mil (As of Dec. 2023)

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What is Fortune Real Estate Investment Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fortune Real Estate Investment Trust's retained earnings for the quarter that ended in Dec. 2023 was HK$19,649 Mil.

Fortune Real Estate Investment Trust's quarterly retained earnings declined from Dec. 2022 (HK$20,614 Mil) to Jun. 2023 (HK$20,446 Mil) and declined from Jun. 2023 (HK$20,446 Mil) to Dec. 2023 (HK$19,649 Mil).

Fortune Real Estate Investment Trust's annual retained earnings declined from Dec. 2021 (HK$20,989 Mil) to Dec. 2022 (HK$20,614 Mil) and declined from Dec. 2022 (HK$20,614 Mil) to Dec. 2023 (HK$19,649 Mil).

Fortune Real Estate Investment Trust Retained Earnings Historical Data

The historical data trend for Fortune Real Estate Investment Trust'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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Fortune Real Estate Investment Trust Retained Earnings Chart

Fortune Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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24,669.18

20,554.34

20,988.82

20,614.19

19,648.66

Fortune Real Estate Investment Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															20,988.82	20,920.93	20,614.19	20,445.67	19,648.66

Fortune Real Estate Investment Trust 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.

Fortune Real Estate Investment Trust (HKSE:00778) 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.

Fortune Real Estate Investment Trust (HKSE:00778) Business Description

Industry

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FRIVF:USA

Address

5 Temasek Boulevard, No. 12-01, Suntec Tower 5, Singapore, SGP, 038985

Website

https://www.fortunereit.com

Fortune Real Estate Investment Trust is a real estate company that invests in retail shopping malls located in Hong Kong and Singapore with the primary objective of producing stable distributions for unitholders and achieving long-term growth in the net asset value per unit. The trust generates the majority of its revenue from rents and leases, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.

Executives

Ck Asset Holdings Limited
Li Ka-shing

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