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American Metal & Technology (American Metal & Technology) Retained Earnings : $5.48 Mil (As of Sep. 2010)


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What is American Metal & Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. American Metal & Technology's retained earnings for the quarter that ended in Sep. 2010 was $5.48 Mil.

American Metal & Technology's quarterly retained earnings increased from Mar. 2010 ($4.82 Mil) to Jun. 2010 ($5.07 Mil) and increased from Jun. 2010 ($5.07 Mil) to Sep. 2010 ($5.48 Mil).

American Metal & Technology's annual retained earnings increased from Dec. 2007 ($4.76 Mil) to Dec. 2008 ($5.85 Mil) but then declined from Dec. 2008 ($5.85 Mil) to Dec. 2009 ($4.93 Mil).


American Metal & Technology Retained Earnings Historical Data

The historical data trend for American Metal & Technology'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.

American Metal & Technology Retained Earnings Chart

American Metal & Technology Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.83 -4.39 4.76 5.85 4.93

American Metal & Technology Quarterly Data
Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 5.22 4.93 4.82 5.07 5.48

American Metal & Technology 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.


American Metal & Technology  (OTCPK:AMGY) 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.


American Metal & Technology (American Metal & Technology) Business Description

Traded in Other Exchanges
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Address
No. 11 Shi Xing Street, Badachu Hi-Tech Zone, Shijingshan District, Beijing, CHN, 100041
American Metal & Technology Inc through its subsidiaries is engaged in precision casting, machining, mold design and manufacturing in the People's Republic of China. It manufacture investment casting and machined products, including valves, pipe fittings, dispensers, machinery spare parts, water treatment parts, automotive and airplane accessories, electronic circuit boards for home appliances and motion controllers, and other equipment parts.

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