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Tinci Holdings (LSE:TNCI) Retained Earnings : £6.58 Mil (As of Jun. 2014)


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What is Tinci Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tinci Holdings's retained earnings for the quarter that ended in Jun. 2014 was £6.58 Mil.

Tinci Holdings's quarterly retained earnings declined from Jun. 2013 (£7.73 Mil) to Dec. 2013 (£7.22 Mil) and declined from Dec. 2013 (£7.22 Mil) to Jun. 2014 (£6.58 Mil).

Tinci Holdings's annual retained earnings declined from Dec. 2011 (£7.53 Mil) to Dec. 2012 (£7.11 Mil) but then increased from Dec. 2012 (£7.11 Mil) to Dec. 2013 (£7.22 Mil).


Tinci Holdings Retained Earnings Historical Data

The historical data trend for Tinci 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.

Tinci Holdings Retained Earnings Chart

Tinci Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 6.79 7.10 7.53 7.11 7.22

Tinci Holdings Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Dec12 Jun13 Dec13 Jun14
Retained Earnings Get a 7-Day Free Trial Premium Member Only 7.53 7.11 7.73 7.22 6.58

Tinci 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.


Tinci Holdings  (LSE:TNCI) 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.


Tinci Holdings (LSE:TNCI) Business Description

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Tinci Holdings Ltd is engaged in the design, sale and installation of environmental engineering systems to power industry customers and other heavy power users in China. Its core business is the design and management of Flue Gas Desulphurization engineering projects which involve processes to reduce or minimize sulphur dioxide content in industrial and utility coal-fired boiler flue gases.

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