GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Daito Trust Construction Co Ltd (OTCPK:DITTF) » Definitions » Retained Earnings

Daito Trust Construction Co (Daito Trust Construction Co) Retained Earnings : $2,616 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Daito Trust Construction Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Daito Trust Construction Co's retained earnings for the quarter that ended in Dec. 2023 was $2,616 Mil.

Daito Trust Construction Co's quarterly retained earnings increased from Jun. 2023 ($2,500 Mil) to Sep. 2023 ($2,529 Mil) and increased from Sep. 2023 ($2,529 Mil) to Dec. 2023 ($2,616 Mil).

Daito Trust Construction Co's annual retained earnings increased from Mar. 2021 ($2,455 Mil) to Mar. 2022 ($2,691 Mil) but then declined from Mar. 2022 ($2,691 Mil) to Mar. 2023 ($2,640 Mil).


Daito Trust Construction Co Retained Earnings Historical Data

The historical data trend for Daito Trust Construction 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.

* Premium members only.

Daito Trust Construction Co Retained Earnings Chart

Daito Trust Construction Co 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 2,680.77 2,260.19 2,455.39 2,691.35 2,639.53

Daito Trust Construction Co 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 2,487.01 2,639.53 2,500.43 2,529.32 2,616.45

Daito Trust Construction 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.


Daito Trust Construction Co  (OTCPK:DITTF) 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.


Daito Trust Construction Co (Daito Trust Construction Co) Business Description

Traded in Other Exchanges
Address
2-16-1, Konan, Minato-ku, Tokyo, JPN, 108-8211
Daito Trust Construction Co Ltd engages in the design and construction of apartments, condominiums, rental office buildings, factories, and warehouses. Additional activities include tenant recruiting, building maintenance, and contracting arrangements. A Lease Management Trust System sits at the center of Daito's operations. Under this system, business is divided between the construction business and the real estate business. The company plans and proposes building rental businesses to landowners, and then designs and constructs the contracted rental buildings. Daito also recruits tenants for its constructed rental buildings and provides property management and operation services for the buildings.

Daito Trust Construction Co (Daito Trust Construction Co) Headlines

From GuruFocus

Bernard Horn Comments on Daito Trust Construction

By Sydnee Gatewood 10-27-2021