Toyo Knitex (CEPZ) (DHA:MITHUNKNIT) Retained Earnings

: BDT-177.17 Mil (As of Jun. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Toyo Knitex (CEPZ)'s retained earnings for the quarter that ended in Jun. 2023 was BDT-177.17 Mil.

Toyo Knitex (CEPZ)'s quarterly retained earnings increased from Jun. 2021 (BDT-333.12 Mil) to Jun. 2022 (BDT-177.17 Mil) but then stayed the same from Jun. 2022 (BDT-177.17 Mil) to Jun. 2023 (BDT-177.17 Mil).

Toyo Knitex (CEPZ)'s annual retained earnings increased from Jun. 2021 (BDT-333.12 Mil) to Jun. 2022 (BDT-177.17 Mil) but then stayed the same from Jun. 2022 (BDT-177.17 Mil) to Jun. 2023 (BDT-177.17 Mil).

Toyo Knitex (CEPZ) Retained Earnings Historical Data

The historical data trend for Toyo Knitex (CEPZ)'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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Toyo Knitex (CEPZ) Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

-102.17

-333.12

-177.17

Toyo Knitex (CEPZ) Semi-Annual Data
	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Retained Earnings			-102.17	-333.12	-333.12	-177.17	-177.17

Toyo Knitex (CEPZ) 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.

Toyo Knitex (CEPZ) (DHA:MITHUNKNIT) 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.

Toyo Knitex (CEPZ) (DHA:MITHUNKNIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Toyo Knitex (CEPZ) Ltd (DHA:MITHUNKNIT) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

House No. 50, Road 7, Gulshan Avenue, South Avenue Tower, 6thFloor, Dhaka, BGD, 1212

Website

http://www.mkdl-cepz.com.bd

Toyo Knitex (CEPZ) Ltd formerly known as Mithun Knitting and Dying (CEPZ) Limited. The principal activity of the company is to carry on Knitting Dying & knit garments manufacturing. The company is hundred percent export oriented garments factory. It is a manufactures and exportes single jersey, interlock, rib, french terry, collar and cuff, rib with lycra, and knit garments of all sorts in Bangladesh.

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