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Apollo Future Mobility Group (STU:U1R1) Retained Earnings : €-476.25 Mil (As of Dec. 2023)


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What is Apollo Future Mobility Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Apollo Future Mobility Group's retained earnings for the quarter that ended in Dec. 2023 was €-476.25 Mil.

Apollo Future Mobility Group's quarterly retained earnings declined from Mar. 2022 (€0.00 Mil) to Jun. 2023 (€-385.81 Mil) and declined from Jun. 2023 (€-385.81 Mil) to Dec. 2023 (€-476.25 Mil).

Apollo Future Mobility Group's annual retained earnings stayed the same from Sep. 2021 (€0.00 Mil) to Dec. 2022 (€0.00 Mil) but then declined from Dec. 2022 (€0.00 Mil) to Dec. 2023 (€-476.25 Mil).


Apollo Future Mobility Group Retained Earnings Historical Data

The historical data trend for Apollo Future Mobility 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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Apollo Future Mobility Group Retained Earnings Chart

Apollo Future Mobility Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -476.25

Apollo Future Mobility Group Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 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 - - - -385.81 -476.25

Apollo Future Mobility 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.


Apollo Future Mobility Group  (STU:U1R1) 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.


Apollo Future Mobility Group (STU:U1R1) Business Description

Traded in Other Exchanges
Address
189 Des Voeux Road Central, Sheung Wan, Units 2001-2002, 20th Floor, Li Po Chun Chambers, Hong Kong, HKG
Apollo Future Mobility Group Ltd is an investment holding company. It operates in three segments. The Mobility technology solutions segment engages in designing, developing, manufacturing, and sales high-performance hypercars and provision of mobility technology solutions. Jewellery products and watches segment that derives majority revenue focus on retailing and wholesale of jewellery products and watches. The Money Lending segment provides loan finance. ,Majority revenue is derived from Jewellery products, watches and other commodities segment. Geographically Mainland China accounts for majority revenue.

Apollo Future Mobility Group (STU:U1R1) Headlines

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