Cenit AG (FRA:CSH) Retained Earnings : €18.1 Mil (As of Dec. 2023)

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What is Cenit AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cenit AG's retained earnings for the quarter that ended in Dec. 2023 was €18.1 Mil.

Cenit AG's quarterly retained earnings increased from Jun. 2023 (€15.2 Mil) to Sep. 2023 (€16.0 Mil) and increased from Sep. 2023 (€16.0 Mil) to Dec. 2023 (€18.1 Mil).

Cenit AG's annual retained earnings increased from Dec. 2021 (€17.8 Mil) to Dec. 2022 (€17.8 Mil) and increased from Dec. 2022 (€17.8 Mil) to Dec. 2023 (€18.1 Mil).

Cenit AG Retained Earnings Historical Data

The historical data trend for Cenit AG'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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Cenit AG Retained Earnings Chart

Cenit AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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15.16

17.48

17.80

17.81

18.12

Cenit AG 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															17.81	17.60	15.17	16.02	18.12

Cenit AG 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.

Cenit AG (FRA:CSH) 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.

Cenit AG (FRA:CSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cenit AG (FRA:CSH) » Definitions » Retained Earnings

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CSH:Germany

Address

Industriestrasse 52-54, Stuttgart, DEU, 70565

Website

https://www.cenit.com

Cenit AG is a software and information technology consulting company. It offers Product Lifecycle Management and Enterprise Information Management. The PLM (Product Lifestyle Management) segment focuses on the automotive, aerospace, mechanical engineering, and shipbuilding industries. The Enterprise Information Management focuses on products of the strategic software. The focus of the CENIT Group is on business process optimization and computer-aided design and development technologies. The company's revenue is generated from its Germany segment.

Executives

Peter Schneck

Board of Directors