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Basso Industry (TPE:1527) Retained Earnings : NT$3,464 Mil (As of Mar. 2024)


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What is Basso Industry Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Basso Industry's retained earnings for the quarter that ended in Mar. 2024 was NT$3,464 Mil.

Basso Industry's quarterly retained earnings increased from Sep. 2023 (NT$3,277 Mil) to Dec. 2023 (NT$3,312 Mil) and increased from Dec. 2023 (NT$3,312 Mil) to Mar. 2024 (NT$3,464 Mil).

Basso Industry's annual retained earnings increased from Dec. 2021 (NT$2,850 Mil) to Dec. 2022 (NT$3,282 Mil) and increased from Dec. 2022 (NT$3,282 Mil) to Dec. 2023 (NT$3,312 Mil).


Basso Industry Retained Earnings Historical Data

The historical data trend for Basso Industry'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.

Basso Industry Retained Earnings Chart

Basso Industry Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,507.41 2,743.12 2,850.35 3,281.51 3,311.78

Basso Industry Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 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 3,368.15 3,124.14 3,276.77 3,311.78 3,464.35

Basso Industry 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.


Basso Industry  (TPE:1527) 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.


Basso Industry (TPE:1527) Business Description

Traded in Other Exchanges
N/A
Address
No. 24, 36th Road, Taichung Industrial Park, Taichung, TWN, 40768
Basso Industry Corp is a manufacturer of pneumatic fastening tools. The company produces air nailers, air impact wrenches, air ratchet wrenches, air saws, air hammers, air sanders, air drills and screwdrivers, gas nailers, air grinders, and air carton closers. Basso also offers Original Equipment Manufacturing services including design, molding and casting, machining, polishing, painting, and plastic injection services. The company has one reportable segment, the pneumatic hand tool. This segment is mainly involved in manufacturing and selling nail machines and pneumatic tools, providing products, and managing relevant skills.

Basso Industry (TPE:1527) Headlines

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