Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Retained Earnings

: $24,338 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shin-Etsu Chemical Co's retained earnings for the quarter that ended in Dec. 2023 was $24,338 Mil.

Shin-Etsu Chemical Co's quarterly retained earnings declined from Jun. 2023 ($23,715 Mil) to Sep. 2023 ($23,672 Mil) but then increased from Sep. 2023 ($23,672 Mil) to Dec. 2023 ($24,338 Mil).

Shin-Etsu Chemical Co's annual retained earnings increased from Mar. 2021 ($24,067 Mil) to Mar. 2022 ($25,241 Mil) but then declined from Mar. 2022 ($25,241 Mil) to Mar. 2023 ($24,765 Mil).

Shin-Etsu Chemical Co Retained Earnings Historical Data

The historical data trend for Shin-Etsu Chemical 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.

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Shin-Etsu Chemical Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

20,547.70

22,418.78

24,067.18

25,241.12

24,765.06

Shin-Etsu Chemical 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																24,332.17	24,765.06	23,714.72	23,672.14	24,337.64

Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co (OTCPK:SHECF) 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.

Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shin-Etsu Chemical Co Ltd (OTCPK:SHECF) » Definitions » Retained Earnings

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Traded in Other Exchanges

SHECY:USA 4063:Japan SEH:Germany

Address

6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

http://www.shinetsu.co.jp

Shin-Etsu Chemical Co Ltd is a Japan-based company primarily engaged in chemical business. The company operates in six business segments namely Poly Vinyl Chloride, Specialty Chemicals, Silicon, Semiconductor Silicon, Electronic and Functional Materials and Diversified business. It derives majority of revenue through Poly Vinyl Chloride segment which manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The group is also involved in manufacturing and selling of various other chemical products such as Polyvinyl alcohol, Synthetic pheromones, Rare-earth magnets for electronics industry and general applications, Photoresists, Photomask blanks and others. Geographically, it operates from the market of Japan and its business is amplifying across the globe.

Shin-Etsu Chemical Co (Shin-Etsu Chemical Co) Headlines

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