GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gujarat Hy-Spin Ltd (BOM:540938) » Definitions » Retained Earnings
中文

Gujarat Hy-Spin (BOM:540938) Retained Earnings : ₹0.0 Mil (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Gujarat Hy-Spin Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gujarat Hy-Spin's retained earnings for the quarter that ended in Sep. 2023 was ₹0.0 Mil.

Gujarat Hy-Spin's quarterly retained earnings increased from Sep. 2022 (₹0.0 Mil) to Mar. 2023 (₹0.4 Mil) but then declined from Mar. 2023 (₹0.4 Mil) to Sep. 2023 (₹0.0 Mil).

Gujarat Hy-Spin's annual retained earnings increased from Mar. 2021 (₹2.9 Mil) to Mar. 2022 (₹5.8 Mil) but then declined from Mar. 2022 (₹5.8 Mil) to Mar. 2023 (₹0.4 Mil).


Gujarat Hy-Spin Retained Earnings Historical Data

The historical data trend for Gujarat Hy-Spin'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.

Gujarat Hy-Spin Retained Earnings Chart

Gujarat Hy-Spin Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.44 1.83 2.94 5.84 0.44

Gujarat Hy-Spin Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 5.84 - 0.44 -

Gujarat Hy-Spin 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.


Gujarat Hy-Spin  (BOM:540938) 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.


Gujarat Hy-Spin (BOM:540938) Business Description

Traded in Other Exchanges
N/A
Address
Gundala Road, P. O. Box No. 22, Rajkot District, Gondal, GJ, IND, 360311
Gujarat Hy-Spin Ltd operates in the textile industry. Principally, it is engaged in the business of manufacturing cotton yarns as well as trading in cotton and other related items. In addition, it also produces ring yarns. The company sells cotton yarns to dealers who market it to other industrial units for weaving and other purposes. Its products comprise cotton bales, cotton waste, cotton yarn, raw cotton, wash oil, cotton seeds, and others. The company generates maximum revenue through the sale of its cotton yarn product.

Gujarat Hy-Spin (BOM:540938) Headlines

No Headlines