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Vinacomin - Power Holding (HSTC:DTK) Retained Earnings : ₫1,214,439 Mil (As of Mar. 2024)


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What is Vinacomin - Power Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vinacomin - Power Holding's retained earnings for the quarter that ended in Mar. 2024 was ₫1,214,439 Mil.

Vinacomin - Power Holding's quarterly retained earnings increased from Sep. 2023 (₫956,600 Mil) to Dec. 2023 (₫987,551 Mil) and increased from Dec. 2023 (₫987,551 Mil) to Mar. 2024 (₫1,214,439 Mil).

Vinacomin - Power Holding's annual retained earnings increased from Dec. 2021 (₫885,011 Mil) to Dec. 2022 (₫1,100,867 Mil) but then declined from Dec. 2022 (₫1,100,867 Mil) to Dec. 2023 (₫987,551 Mil).


Vinacomin - Power Holding Retained Earnings Historical Data

The historical data trend for Vinacomin - Power Holding'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.

Vinacomin - Power Holding Retained Earnings Chart

Vinacomin - Power Holding Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
885,011.01 1,100,867.23 987,550.75

Vinacomin - Power Holding Quarterly Data
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 1,480,761.17 1,000,331.43 956,600.03 987,550.75 1,214,438.64

Vinacomin - Power Holding 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 - Power Holding  (HSTC:DTK) 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 - Power Holding (HSTC:DTK) Business Description

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Address
No 78 Duy Tan street, Dich Vong Hiep ward, 2 floor, Sannam building, Cau Giay district, Ha Noi, VNM
Vinacomin - Power Holding Corp is engaged in production, transmission, and selling of electricity. The company invests, constructs, exploits and operates thermal power plants, hydropower plants, electricity using new energy, renewable energy and power grids, power supply systems.

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