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Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL4) Retained Earnings : R$0 Mil (As of Dec. 2023)


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What is Cia de Transmissao de Energia Eletrica Paulista Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cia de Transmissao de Energia Eletrica Paulista's retained earnings for the quarter that ended in Dec. 2023 was R$0 Mil.

Cia de Transmissao de Energia Eletrica Paulista's quarterly retained earnings increased from Jun. 2023 (R$1,350 Mil) to Sep. 2023 (R$1,820 Mil) but then declined from Sep. 2023 (R$1,820 Mil) to Dec. 2023 (R$0 Mil).

Cia de Transmissao de Energia Eletrica Paulista's annual retained earnings declined from Dec. 2021 (R$11,046 Mil) to Dec. 2022 (R$0 Mil) but then stayed the same from Dec. 2022 (R$0 Mil) to Dec. 2023 (R$0 Mil).


Cia de Transmissao de Energia Eletrica Paulista Retained Earnings Historical Data

The historical data trend for Cia de Transmissao de Energia Eletrica Paulista'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.

Cia de Transmissao de Energia Eletrica Paulista Retained Earnings Chart

Cia de Transmissao de Energia Eletrica Paulista 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 8,172.44 9,863.69 11,045.90 - -

Cia de Transmissao de Energia Eletrica Paulista Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 748.86 1,349.72 1,819.76 -

Cia de Transmissao de Energia Eletrica Paulista 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.


Cia de Transmissao de Energia Eletrica Paulista  (BSP:TRPL4) 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.


Cia de Transmissao de Energia Eletrica Paulista (BSP:TRPL4) Business Description

Traded in Other Exchanges
Address
Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004
Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

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