JCET Group Co (SHSE:600584) Retained Earnings

: ¥7,771 Mil (As of Sep. 2023)

View and export this data going back to 2003. Start your Free Trial

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JCET Group Co's retained earnings for the quarter that ended in Sep. 2023 was ¥7,771 Mil.

JCET Group Co's quarterly retained earnings increased from Mar. 2023 (¥7,264 Mil) to Jun. 2023 (¥7,292 Mil) and increased from Jun. 2023 (¥7,292 Mil) to Sep. 2023 (¥7,771 Mil).

JCET Group Co's annual retained earnings increased from Dec. 2020 (¥1,518 Mil) to Dec. 2021 (¥4,334 Mil) and increased from Dec. 2021 (¥4,334 Mil) to Dec. 2022 (¥7,154 Mil).

JCET Group Co Retained Earnings Historical Data

The historical data trend for JCET Group 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.

JCET Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

142.62

231.29

1,517.68

4,334.29

7,154.21

JCET Group Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings																6,430.79	7,154.21	7,264.13	7,292.48	7,770.56

JCET Group 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.

JCET Group Co (SHSE:600584) 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.

JCET Group Co (SHSE:600584) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » JCET Group Co Ltd (SHSE:600584) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99, Chengjiang East Road, Jiangsu Province, Jiangyin, CHN, 214431

Website

http://www.cj-elec.com

JCET Group Co Ltd is engaged in providing packaging design, product development, and certification, with a range of services including semiconductor design, wafer probe, bump, packaging, test and drop shipment. The company has a portfolio of technology and solutions, including the intellectual property (IP) rights of Fan-out embedded Wafer Level Ball Grid Array (eWLB), wafer level chip scale packaging (WLCSP), wafer bump, Package-on-Package (PoP), flip chip Ball Grid Array (fcBGA) and System-in-Package (SiP).

JCET Group Co (SHSE:600584) Headlines

No Headlines