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Champion Real Estate Investment Trust (HKSE:02778) Retained Earnings : HK$15,611 Mil (As of Dec. 2023)


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What is Champion Real Estate Investment Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Champion Real Estate Investment Trust's retained earnings for the quarter that ended in Dec. 2023 was HK$15,611 Mil.

Champion Real Estate Investment Trust's quarterly retained earnings declined from Dec. 2022 (HK$16,400 Mil) to Jun. 2023 (HK$0 Mil) but then increased from Jun. 2023 (HK$0 Mil) to Dec. 2023 (HK$15,611 Mil).

Champion Real Estate Investment Trust's annual retained earnings increased from Dec. 2021 (HK$0 Mil) to Dec. 2022 (HK$16,400 Mil) but then declined from Dec. 2022 (HK$16,400 Mil) to Dec. 2023 (HK$15,611 Mil).


Champion Real Estate Investment Trust Retained Earnings Historical Data

The historical data trend for Champion Real Estate Investment Trust'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.

Champion Real Estate Investment Trust Retained Earnings Chart

Champion Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 16,400.08 15,611.39

Champion Real Estate Investment Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 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 - - 16,400.08 - 15,611.39

Champion Real Estate Investment Trust 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.


Champion Real Estate Investment Trust  (HKSE:02778) 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.


Champion Real Estate Investment Trust (HKSE:02778) Business Description

Traded in Other Exchanges
Address
Great Eagle Centre, 23 Harbour Road, Suite 3008, 30th Floor, Wanchai, Hong Kong, HKG
Champion Real Estate Investment Trust, or Champion REIT, owns and invests in income-producing office and retail properties, with a focus on Grade A commercial properties in prime locations. In Hong Kong, the trust holds two assets in Three Garden Road in the central business district and the retail and office components of Langham Place in Mong Kok. Great Eagle Holdings listed Champion REIT with a 91.5% stake in Three Garden Road in 2006 and injected the Langham Place office and retail portions into the trust in 2008. The trust acquired the remaining stake in Three Garden Road and unified ownership of the property in 2013. Great Eagle Holdings retains a 68.3% stake in Champion REIT. In 2021, the trust entered into a joint venture to acquire a 27% stake in 66 Shoe Lane in London.
Executives
Great Eagle Holdings Limited 2201 Interest of corporation controlled by you
Lo Ka Shui 2201 Interest of corporation controlled by you
Eagle Asset Management (cp) Limited 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee

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