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Vinacomin Machinery Joint Stock Company (HSTC:CTT) Retained Earnings : ₫10,591 Mil (As of Sep. 2023)


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What is Vinacomin Machinery Joint Stock Company Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vinacomin Machinery Joint Stock Company's retained earnings for the quarter that ended in Sep. 2023 was ₫10,591 Mil.

Vinacomin Machinery Joint Stock Company's quarterly retained earnings declined from Mar. 2023 (₫14,147 Mil) to Jun. 2023 (₫7,474 Mil) but then increased from Jun. 2023 (₫7,474 Mil) to Sep. 2023 (₫10,591 Mil).

Vinacomin Machinery Joint Stock Company's annual retained earnings increased from Dec. 2019 (₫8,748 Mil) to Dec. 2020 (₫11,436 Mil) and increased from Dec. 2020 (₫11,436 Mil) to Dec. 2021 (₫13,280 Mil).


Vinacomin Machinery Joint Stock Company Retained Earnings Historical Data

The historical data trend for Vinacomin Machinery Joint Stock Company'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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Vinacomin Machinery Joint Stock Company Retained Earnings Chart

Vinacomin Machinery Joint Stock Company Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Retained Earnings
9,638.69 8,748.48 11,435.69 13,279.85

Vinacomin Machinery Joint Stock Company Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 7,205.67 9,713.09 14,147.07 7,473.70 10,591.36

Vinacomin Machinery Joint Stock Company 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.


Vinacomin Machinery Joint Stock Company  (HSTC:CTT) 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.


Vinacomin Machinery Joint Stock Company (HSTC:CTT) Business Description

Traded in Other Exchanges
N/A
Address
No. 486, Tran Phu Street, Quang Ninh Province, Cam Thuy Ward, Cam Pha City, VNM
Vinacomin Machinery Joint Stock Company is a Vietnam based machinery manufacturing company. It provides power protector, cutting machine, drilling machine, hydraulic.

Vinacomin Machinery Joint Stock Company (HSTC:CTT) Headlines

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