BiON (LSE:BION) Retained Earnings : £-13.47 Mil (As of Oct. 2022)

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What is BiON Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BiON's retained earnings for the quarter that ended in Oct. 2022 was £-13.47 Mil.

BiON's quarterly retained earnings declined from Dec. 2020 (£-22.65 Mil) to Jun. 2021 (£-23.32 Mil) but then increased from Jun. 2021 (£-23.32 Mil) to Oct. 2022 (£-13.47 Mil).

BiON's annual retained earnings declined from Sep. 2016 (£2.42 Mil) to Sep. 2017 (£1.82 Mil) and declined from Sep. 2017 (£1.82 Mil) to Dec. 2019 (£-0.66 Mil).

BiON Retained Earnings Historical Data

The historical data trend for BiON'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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BiON Retained Earnings Chart

BiON Annual Data

Trend

Sep15

Sep16

Sep17

Dec19

Retained Earnings

2.42

1.82

-0.66

BiON Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Jun19	Dec19	Jun20	Dec20	Jun21	Oct22
Retained Earnings	Get a 7-Day Free Trial						-0.66	-1.35	-22.65	-23.32	-13.47

BiON 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.

BiON (LSE:BION) 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.

BiON (LSE:BION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BiON PLC (LSE:BION) » Definitions » Retained Earnings

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Address

Jalan Dutamas 1, D2-3-1 Solaris Dutamas 1, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.bionplc.com

BiON PLC and its subsidiaries are engaged in research and development, provision of professional engineering consultancy, and process design services. It provides services in the areas of industrial biotechnology, pollution control, and renewable energy; and engineering, procurement, and construction of various wastewater treatment plants/systems; and development, commercialization, operation, and maintenance of renewable energy power plants. The company operates in two business segments providing consulting and contract services to customers in the renewable energy sector and the supply of power to National Grid. The consulting and contract segment generates a vast majority of its revenues.

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