Onewo (HKSE:02602) Retained Earnings : HK$3,673 Mil (As of Dec. 2023)

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What is Onewo Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Onewo's retained earnings for the quarter that ended in Dec. 2023 was HK$3,673 Mil.

Onewo's quarterly retained earnings increased from Dec. 2022 (HK$2,353 Mil) to Jun. 2023 (HK$3,086 Mil) and increased from Jun. 2023 (HK$3,086 Mil) to Dec. 2023 (HK$3,673 Mil).

Onewo's annual retained earnings increased from Dec. 2021 (HK$816 Mil) to Dec. 2022 (HK$2,353 Mil) and increased from Dec. 2022 (HK$2,353 Mil) to Dec. 2023 (HK$3,673 Mil).

Onewo Retained Earnings Historical Data

The historical data trend for Onewo'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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Onewo Retained Earnings Chart

Onewo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

816.27

2,353.27

3,673.00

Onewo Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial			816.27	-	2,353.27	3,085.59	3,673.00

Onewo 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.

Onewo (HKSE:02602) 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.

Onewo (HKSE:02602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Onewo Inc (HKSE:02602) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 63 Meilin Road, Meilin Vanke Center, Futian District, Shenzhen, CHN

Website

https://www.onewo.com

Onewo Inc is a property management service provider in China. It offers comprehensive property and facility management services to various types of properties, including office spaces, commercial complex, industrial parks, and public premises.

Executives

Wan Ke Qi Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhu Baoquan	2201 Interest of corporation controlled by you
Ruida Iv Limited	2201 Interest of corporation controlled by you
Radiant Sunbeam Limited	2101 Beneficial owner
Bumper Harvest Limited	2201 Interest of corporation controlled by you
Boyu Capital General Partner Iii, Ltd	2201 Interest of corporation controlled by you
Boyu Capital Fund Iii, L.p.	2201 Interest of corporation controlled by you
Xyxy Holdings Ltd.	2201 Interest of corporation controlled by you
Boyu Group, Llc	2201 Interest of corporation controlled by you
Boyu Capital Group Holdings Ltd	2201 Interest of corporation controlled by you
Glorious Falcon Investment Limited	2201 Interest of corporation controlled by you
Tong Xiaomeng	2201 Interest of corporation controlled by you
Shen Zhen Shi Yu Ying Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Shi Yu Ying Di Er Shi Yi Tou Zi Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Shen Zhen Shi Ying Da Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

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