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Kuaishou Technology (HKSE:01024) Retained Earnings : HK$-281,638 Mil (As of Dec. 2023)


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What is Kuaishou Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kuaishou Technology's retained earnings for the quarter that ended in Dec. 2023 was HK$-281,638 Mil.

Kuaishou Technology's quarterly retained earnings increased from Jun. 2023 (HK$-287,965 Mil) to Sep. 2023 (HK$-280,077 Mil) but then declined from Sep. 2023 (HK$-280,077 Mil) to Dec. 2023 (HK$-281,638 Mil).

Kuaishou Technology's annual retained earnings increased from Dec. 2021 (HK$-306,328 Mil) to Dec. 2022 (HK$-294,681 Mil) and increased from Dec. 2022 (HK$-294,681 Mil) to Dec. 2023 (HK$-281,638 Mil).


Kuaishou Technology Retained Earnings Historical Data

The historical data trend for Kuaishou Technology'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.

Kuaishou Technology Retained Earnings Chart

Kuaishou Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -61,655.06 -203,967.34 -306,327.74 -294,680.91 -281,638.22

Kuaishou Technology Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -294,680.91 -301,554.60 -287,965.07 -280,077.06 -281,638.22

Kuaishou Technology 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.


Kuaishou Technology  (HKSE:01024) 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.


Kuaishou Technology (HKSE:01024) Business Description

Traded in Other Exchanges
Address
No. 6, Shangdi West Road, Building 1, Haidian District, Beijing, CHN, 100085
Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 52% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.

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