President Chain Store (TPE:2912) Retained Earnings

: NT$11,940 Mil (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. President Chain Store's retained earnings for the quarter that ended in Dec. 2023 was NT$11,940 Mil.

President Chain Store's quarterly retained earnings increased from Jun. 2023 (NT$6,691 Mil) to Sep. 2023 (NT$9,729 Mil) and increased from Sep. 2023 (NT$9,729 Mil) to Dec. 2023 (NT$11,940 Mil).

President Chain Store's annual retained earnings increased from Dec. 2021 (NT$8,890 Mil) to Dec. 2022 (NT$9,784 Mil) and increased from Dec. 2022 (NT$9,784 Mil) to Dec. 2023 (NT$11,940 Mil).

President Chain Store Retained Earnings Historical Data

The historical data trend for President Chain Store'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.

President Chain Store Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

12,845.88

12,159.55

8,889.67

9,784.28

11,939.63

President Chain Store Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																9,784.28	12,604.83	6,691.45	9,729.25	11,939.63

President Chain Store 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.

President Chain Store (TPE:2912) 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.

President Chain Store (TPE:2912) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » President Chain Store Corp (TPE:2912) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Tung Hsing Road, 2nd Floor, Taipei, TWN, 110

Website

https://www.7-11.com.tw

President Chain Store Corp., or PCSC, was established in 1978 and is 45% held by its parent, Uni-President Enterprises. The company operates 7-Eleven along with other retail businesses such as drug stores (COSMED), department stores, bakery, restaurants, and Starbucks in Taiwan. The company also runs 7-Eleven in Shanghai, Zhejiang, and the Philippines.

President Chain Store (TPE:2912) Headlines

No Headlines