Qualtec Co (TSE:9165) Retained Earnings : 円1,470 Mil (As of Jun. 2023)

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What is Qualtec Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Qualtec Co's retained earnings for the quarter that ended in Jun. 2023 was 円1,470 Mil.

Qualtec Co's quarterly retained earnings increased from Jun. 2021 (円890 Mil) to Jun. 2022 (円1,302 Mil) and increased from Jun. 2022 (円1,302 Mil) to Jun. 2023 (円1,470 Mil).

Qualtec Co's annual retained earnings increased from Jun. 2021 (円890 Mil) to Jun. 2022 (円1,302 Mil) and increased from Jun. 2022 (円1,302 Mil) to Jun. 2023 (円1,470 Mil).

Qualtec Co Retained Earnings Historical Data

The historical data trend for Qualtec Co'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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Qualtec Co Retained Earnings Chart

Qualtec Co Annual Data

Trend

Jun21

Jun22

Jun23

Retained Earnings

889.72

1,302.48

1,469.88

Qualtec Co Semi-Annual Data
	Jun21	Jun22	Jun23
Retained Earnings	889.72	1,302.48	1,469.88

Qualtec Co 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.

Qualtec Co (TSE:9165) 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.

Qualtec Co (TSE:9165) Business Description

Industry

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Traded in Other Exchanges

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Address

4-230 Sanbo-cho, Sakai-ku Sakai-shi, Osaka, JPN, 590-0906

Website

https://www.qualtec.co.jp

Qualtec Co Ltd Provides failure analysis and reliability testing of electronic components and is also engaged in the development and sale of testing equipment; fine processing of electronic components; Microfabrication centered on laser processing and surface treatment (plating) technology etc.

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