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JGC Holdings (FRA:VJC) Retained Earnings : €2,352 Mil (As of Dec. 2023)


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What is JGC Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JGC Holdings's retained earnings for the quarter that ended in Dec. 2023 was €2,352 Mil.

JGC Holdings's quarterly retained earnings declined from Jun. 2023 (€2,417 Mil) to Sep. 2023 (€2,353 Mil) and declined from Sep. 2023 (€2,353 Mil) to Dec. 2023 (€2,352 Mil).

JGC Holdings's annual retained earnings declined from Mar. 2022 (€2,620 Mil) to Mar. 2023 (€2,579 Mil) and declined from Mar. 2023 (€2,579 Mil) to Mar. 2024 (€2,152 Mil).


JGC Holdings Retained Earnings Historical Data

The historical data trend for JGC Holdings'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.

JGC Holdings Retained Earnings Chart

JGC Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,157.46 2,939.65 2,620.36 2,578.91 2,152.40

JGC Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2,578.91 2,417.06 2,353.11 2,352.17 2,152.40

JGC Holdings 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.


JGC Holdings  (FRA:VJC) 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.


JGC Holdings (FRA:VJC) Business Description

Traded in Other Exchanges
Address
2-3-1, Minato Mirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001
JGC Holdings Corp offers planning, consulting, materials procurement, construction, operation, and maintenance for various plants and facilities. In addition, it invests in oil and gas field development projects and utility businesses. The company has two operating segments: total engineering the (majority of total revenue); and catalysts and fine products. It constructs and performs tests on machinery and plants for multiple energy and industrial markets. The company utilizes engineering technology and project management capabilities. Additional sales are generated from providing operational support after completion of projects. Asia is an important region for the company, but the company also sells to Australia, the Middle East, and North America.

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