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Shenzhen Investment Holdings Bay Area Development Co (Shenzhen Investment Holdings Bay Area Development Co) Retained Earnings : $205.9 Mil (As of Dec. 2023)


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What is Shenzhen Investment Holdings Bay Area Development Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shenzhen Investment Holdings Bay Area Development Co's retained earnings for the quarter that ended in Dec. 2023 was $205.9 Mil.

Shenzhen Investment Holdings Bay Area Development Co's quarterly retained earnings declined from Jun. 2023 ($179.4 Mil) to Sep. 2023 ($0.0 Mil) but then increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($205.9 Mil).

Shenzhen Investment Holdings Bay Area Development Co's annual retained earnings declined from Dec. 2021 ($226.8 Mil) to Dec. 2022 ($174.0 Mil) but then increased from Dec. 2022 ($174.0 Mil) to Dec. 2023 ($205.9 Mil).


Shenzhen Investment Holdings Bay Area Development Co Retained Earnings Historical Data

The historical data trend for Shenzhen Investment Holdings Bay Area Development 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.

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Shenzhen Investment Holdings Bay Area Development Co Retained Earnings Chart

Shenzhen Investment Holdings Bay Area Development Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 199.08 226.84 174.02 205.88

Shenzhen Investment Holdings Bay Area Development Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 174.02 179.41 - 205.88 -

Shenzhen Investment Holdings Bay Area Development 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.


Shenzhen Investment Holdings Bay Area Development Co  (OTCPK:SIHBY) 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.


Shenzhen Investment Holdings Bay Area Development Co (Shenzhen Investment Holdings Bay Area Development Co) Business Description

Address
30 Harbour Road, Rooms 4902-4916, 49th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Shenzhen Investment Holdings Bay Area Development Co Ltd is an investment holding company that is engaged in the initiation, promotion, development, and operation of toll expressways and bridges in China. The company manages its business in four segments namely Guangzhou-Shenzhen Superhighway, Guangzhou-Zhuhai West Superhighway, Coastal Expressway, and Xintang Interchange. It generates most of the revenue from the Guangzhou-Shenzhen Superhighway segment.

Shenzhen Investment Holdings Bay Area Development Co (Shenzhen Investment Holdings Bay Area Development Co) Headlines