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Gen Ilac Veglik Urunlerinayi ve Ticaret AS (IST:GENIL) Retained Earnings : ₺1,361 Mil (As of Dec. 2023)


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What is Gen Ilac Veglik Urunlerinayi ve Ticaret AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gen Ilac Veglik Urunlerinayi ve Ticaret AS's retained earnings for the quarter that ended in Dec. 2023 was ₺1,361 Mil.

Gen Ilac Veglik Urunlerinayi ve Ticaret AS's quarterly retained earnings increased from Jun. 2023 (₺1,213 Mil) to Sep. 2023 (₺1,530 Mil) but then declined from Sep. 2023 (₺1,530 Mil) to Dec. 2023 (₺1,361 Mil).

Gen Ilac Veglik Urunlerinayi ve Ticaret AS's annual retained earnings increased from Dec. 2021 (₺384 Mil) to Dec. 2022 (₺1,463 Mil) but then declined from Dec. 2022 (₺1,463 Mil) to Dec. 2023 (₺1,361 Mil).


Gen Ilac Veglik Urunlerinayi ve Ticaret AS Retained Earnings Historical Data

The historical data trend for Gen Ilac Veglik Urunlerinayi ve Ticaret AS'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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Gen Ilac Veglik Urunlerinayi ve Ticaret AS Retained Earnings Chart

Gen Ilac Veglik Urunlerinayi ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 193.08 401.32 383.68 1,463.12 1,360.69

Gen Ilac Veglik Urunlerinayi ve Ticaret AS Quarterly Data
Dec18 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,463.12 1,428.40 1,213.14 1,529.95 1,360.69

Gen Ilac Veglik Urunlerinayi ve Ticaret AS 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.


Gen Ilac Veglik Urunlerinayi ve Ticaret AS  (IST:GENIL) 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.


Gen Ilac Veglik Urunlerinayi ve Ticaret AS (IST:GENIL) Business Description

Traded in Other Exchanges
N/A
Address
Mustafa Kemal Mahallesi 2119.Sk. No:3, Cankaya, Ankara, TUR, 06520
Gen Ilac Ve Saglik Urunleri Sanayi ve Ticaret AS is a specialty pharmaceuticals company in Turkey. Its locally manufactured products include Cajex, Contra-K, Epamor, Genkort, Ilopera, among others, while imported products include AvonexPEN, Plegridy, Tecfidera, Regen-D among others.

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