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Hoang Huy Investment Services JSC (STC:HHS) Retained Earnings : ₫1,093,109 Mil (As of Mar. 2024)


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What is Hoang Huy Investment Services JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hoang Huy Investment Services JSC's retained earnings for the quarter that ended in Mar. 2024 was ₫1,093,109 Mil.

Hoang Huy Investment Services JSC's quarterly retained earnings increased from Sep. 2023 (₫778,105 Mil) to Dec. 2023 (₫943,307 Mil) and increased from Dec. 2023 (₫943,307 Mil) to Mar. 2024 (₫1,093,109 Mil).

Hoang Huy Investment Services JSC's annual retained earnings increased from Dec. 2021 (₫627,967 Mil) to Dec. 2022 (₫852,279 Mil) and increased from Dec. 2022 (₫852,279 Mil) to Dec. 2023 (₫943,307 Mil).


Hoang Huy Investment Services JSC Retained Earnings Historical Data

The historical data trend for Hoang Huy Investment Services JSC'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.

Hoang Huy Investment Services JSC Retained Earnings Chart

Hoang Huy Investment Services JSC 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 584,701.52 725,292.26 627,967.00 852,278.55 943,307.44

Hoang Huy Investment Services JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 922,314.22 986,007.48 778,104.94 943,307.44 1,093,108.65

Hoang Huy Investment Services JSC 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.


Hoang Huy Investment Services JSC  (STC:HHS) 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.


Hoang Huy Investment Services JSC (STC:HHS) Business Description

Traded in Other Exchanges
N/A
Address
116 Nguyen Duc Canh, Cat Dai Ward, Le Chan District, Hai Phong City, VNM
Hoang Huy Investment Services JSC is a Vietnam based company engaged in the business of manufacturing and importing medium and heavy trucks with DONGFENG brand - HO BAC. It is also involved in investing in large-scale real estate projects. The products offered by the company covers tractor truck, 3-foot ben cart, Ben8 ton truck, 4-legged truck, 2-foot barrel truck, trucks 5-foot container, concrete mixing car, and specialized vehicles.