GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AIA Group Ltd (HKSE:01299) » Definitions » Retained Earnings

AIA Group (HKSE:01299) Retained Earnings : HK$346,232 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is AIA Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AIA Group's retained earnings for the quarter that ended in Dec. 2023 was HK$346,232 Mil.

AIA Group's quarterly retained earnings declined from Dec. 2022 (HK$362,013 Mil) to Jun. 2023 (HK$353,354 Mil) and declined from Jun. 2023 (HK$353,354 Mil) to Dec. 2023 (HK$346,232 Mil).

AIA Group's annual retained earnings declined from Dec. 2021 (HK$389,825 Mil) to Dec. 2022 (HK$362,013 Mil) and declined from Dec. 2022 (HK$362,013 Mil) to Dec. 2023 (HK$346,232 Mil).


AIA Group Retained Earnings Historical Data

The historical data trend for AIA Group'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.

AIA Group Retained Earnings Chart

AIA Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 319,375.75 346,540.94 389,825.22 362,013.32 346,231.86

AIA Group Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 389,825.22 364,316.65 362,013.32 353,354.46 346,231.86

AIA Group 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.


AIA Group  (HKSE:01299) 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.


AIA Group (HKSE:01299) Business Description

Traded in Other Exchanges
Address
No. 1 Connaught Road Central, 35th Floor, AIA Central, Hong Kong, HKG
AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. The company is headquartered in Hong Kong. It was previously part of AIG and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group (HKSE:01299) Headlines

No Headlines