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China Kepei Education Group (HKSE:01890) Retained Earnings : HK$4,042 Mil (As of Feb. 2024)


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What is China Kepei Education Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. China Kepei Education Group's retained earnings for the quarter that ended in Feb. 2024 was HK$4,042 Mil.

China Kepei Education Group's quarterly retained earnings increased from Feb. 2023 (HK$3,495 Mil) to Aug. 2023 (HK$3,580 Mil) and increased from Aug. 2023 (HK$3,580 Mil) to Feb. 2024 (HK$4,042 Mil).

China Kepei Education Group's annual retained earnings increased from Dec. 2020 (HK$0 Mil) to Aug. 2022 (HK$3,072 Mil) and increased from Aug. 2022 (HK$3,072 Mil) to Aug. 2023 (HK$3,580 Mil).


China Kepei Education Group Retained Earnings Historical Data

The historical data trend for China Kepei Education 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.

China Kepei Education Group Retained Earnings Chart

China Kepei Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Aug22 Aug23
Retained Earnings
Get a 7-Day Free Trial - - - 3,072.48 3,580.00

China Kepei Education Group Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 3,072.48 3,494.79 3,580.00 4,042.31

China Kepei Education 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.


China Kepei Education Group  (HKSE:01890) 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.


China Kepei Education Group (HKSE:01890) Business Description

Traded in Other Exchanges
Address
Qifu Road, Gaoyao District, Guangdong Province, Zhaoqing, CHN
China Kepei Education Group Ltd is a provider of private vocational education services in China focusing on profession-oriented and vocational education. It earns revenues from tuition fees, higher education program, Secondary vocational education, Boarding fees and other educational services. The company-operated schools include Guangdong Polytechnic College, an undergraduate-level higher education institution; and Zhaoqing Science and Technology Secondary Vocational School both located in Zhaoqing, Guangdong Province. The Company operates and Generates revenue from China.
Executives
Ye Nianqiao 2307 Founder of a discretionary trust who can infl
Ye Xun 2101 Beneficial owner
Cantrust (far East) Limited 2301 Trustee
Qiaoge Company Limited 2101 Beneficial owner
Ye Liya Limited 2201 Interest of corporation controlled by you
Shu Liping 2202 Interest of your spouse
Huanleye Limited 2201 Interest of corporation controlled by you
Weixin Company Limited 2101 Beneficial owner
Ye Nianjiu 2307 Founder of a discretionary trust who can infl
Ye Kasi Limited 2201 Interest of corporation controlled by you
Chenye Company Limited 2101 Beneficial owner
Shuye Company Limited 2101 Beneficial owner
Shu Feiya Limited 2201 Interest of corporation controlled by you
Areo Holdings Limited 2201 Interest of corporation controlled by you
Skyline Miracle Limited 2101 Beneficial owner

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