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Country Garden Holdings Co (HKSE:02007) Retained Earnings : HK$87,908 Mil (As of Jun. 2023)


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What is Country Garden Holdings Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Country Garden Holdings Co's retained earnings for the quarter that ended in Jun. 2023 was HK$87,908 Mil.

Country Garden Holdings Co's quarterly retained earnings declined from Jun. 2022 (HK$159,691 Mil) to Dec. 2022 (HK$144,343 Mil) and declined from Dec. 2022 (HK$144,343 Mil) to Jun. 2023 (HK$87,908 Mil).

Country Garden Holdings Co's annual retained earnings increased from Dec. 2020 (HK$149,542 Mil) to Dec. 2021 (HK$168,068 Mil) but then declined from Dec. 2021 (HK$168,068 Mil) to Dec. 2022 (HK$144,343 Mil).


Country Garden Holdings Co Retained Earnings Historical Data

The historical data trend for Country Garden Holdings 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.

Country Garden Holdings Co Retained Earnings Chart

Country Garden Holdings Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96,783.49 122,086.56 149,542.33 168,067.94 144,343.19

Country Garden Holdings Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 165,747.63 168,067.94 159,690.88 144,343.19 87,908.24

Country Garden Holdings 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.


Country Garden Holdings Co  (HKSE:02007) 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.


Country Garden Holdings Co (HKSE:02007) Business Description

Traded in Other Exchanges
Address
No. 1 Country Garden Road, Country Garden Centre, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312
Listed in 2007, Country Garden Holdings has been one of the largest China real estate developers in contracted sales with a focus on Tier 3 and lower-tier cities. Property development has represented most of CGH's revenue and earnings, and the firm has tapped into new businesses such as robotics construction and venture capital investment. Following the retirement of founder Yang Guoqiang, Yang Huiyan (daughter of Yang Guoqiang) holds an over 50% stake of the company, while Ping An Life Insurance retains 7.7% equity ownership after the private placement in 2015.
Executives
Concrete Win Limited 2101 Beneficial owner
Chen Chong 2202 Interest of your spouse
Yang Huiyan 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Ping An Of China Asset Management (hong Kong) Company Limited
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si
Zhong Guo Ping An Ren Shou Bao Xian Gu Fen You Xian Gong Si

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