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Dexin Services Group (HKSE:02215) Retained Earnings : HK$323 Mil (As of Dec. 2023)


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What is Dexin Services Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dexin Services Group's retained earnings for the quarter that ended in Dec. 2023 was HK$323 Mil.

Dexin Services Group's quarterly retained earnings increased from Dec. 2022 (HK$259 Mil) to Jun. 2023 (HK$323 Mil) and increased from Jun. 2023 (HK$323 Mil) to Dec. 2023 (HK$323 Mil).

Dexin Services Group's annual retained earnings increased from Dec. 2021 (HK$203 Mil) to Dec. 2022 (HK$259 Mil) and increased from Dec. 2022 (HK$259 Mil) to Dec. 2023 (HK$323 Mil).


Dexin Services Group Retained Earnings Historical Data

The historical data trend for Dexin Services 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.

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Dexin Services Group Retained Earnings Chart

Dexin Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 63.82 - 202.75 259.30 323.29

Dexin Services Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only 202.75 - 259.30 323.12 323.29

Dexin Services 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.


Dexin Services Group  (HKSE:02215) 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.


Dexin Services Group (HKSE:02215) Business Description

Traded in Other Exchanges
N/A
Address
No. 2008-2010, Jinchang Road, Liangzhu Street, Room 488, Building 2, Zhejiang Province, Hangzhou, CHN
Dexin Services Group Ltd is a property management service provider in Zhejiang province. It provides a wide range of services for both residential and non-residential properties through three business lines, namely, property management services, value-added services to non-property owners, and community value-added services.
Executives
Guotai Junan Securities Co., Ltd. 2201 Interest of corporation controlled by you
Huaan Fund Management Co., Ltd Representing Huaan-hmtz-qdii-single Asset Management Plan And Huaan-ry-qdii-single Asset Management Plan 2501 Other
Hu Yiping
Shengfu International Limited
Wei Peifen
Kaibang International Limited
Hong Kong Mei Lun Int'l Co., Limited
Jin Liang
Shen Yuehua
Hua An Ji Jin Guan Li You Xian Gong Si Dai Biao Hua An Ji Jin Hua Mei Tou Zi Hua An Ji Jin Nan Dou W 2501 Other

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