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Kunlun Energy Co (Kunlun Energy Co) Retained Earnings : $4,401 Mil (As of Dec. 2023)


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What is Kunlun Energy Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kunlun Energy Co's retained earnings for the quarter that ended in Dec. 2023 was $4,401 Mil.

Kunlun Energy Co's quarterly retained earnings increased from Dec. 2022 ($4,030 Mil) to Jun. 2023 ($4,054 Mil) and increased from Jun. 2023 ($4,054 Mil) to Dec. 2023 ($4,401 Mil).

Kunlun Energy Co's annual retained earnings increased from Dec. 2021 ($3,962 Mil) to Dec. 2022 ($4,030 Mil) and increased from Dec. 2022 ($4,030 Mil) to Dec. 2023 ($4,401 Mil).


Kunlun Energy Co Retained Earnings Historical Data

The historical data trend for Kunlun Energy Co'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.

Kunlun Energy Co Retained Earnings Chart

Kunlun Energy Co 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 4,061.20 4,825.75 3,962.13 4,029.86 4,401.42

Kunlun Energy Co 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 3,962.13 3,933.27 4,029.86 4,054.38 4,401.42

Kunlun Energy Co 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.


Kunlun Energy Co  (OTCPK:KUNUF) 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.


Kunlun Energy Co (Kunlun Energy Co) Business Description

Traded in Other Exchanges
Address
118 Connaught Road West, 39th Floor, Hong Kong, HKG
Kunlun Energy Co Ltd is an integrated oil and gas service company. The firm is engaged in multiple activities which include exploration and production operations at its oils fields located internationally, operating natural gas pipeline mainly providing support services to the oil and gas industry, and offers processing and storage facilities of liquified natural gas(LNG), and sale of sale of LNG and liquified petroleum gas across China. The Group is engaged in a broad range of oil and gas related activities and derives its revenue from its four operating segments: Natural Gas Sales, Sales of LPG, LNG Processing and Terminal and Exploration and Production.

Kunlun Energy Co (Kunlun Energy Co) Headlines

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