2G Energy AG (XTER:2GB) Retained Earnings : €103.9 Mil (As of Dec. 2023)

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What is 2G Energy AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. 2G Energy AG's retained earnings for the quarter that ended in Dec. 2023 was €103.9 Mil.

2G Energy AG's quarterly retained earnings increased from Dec. 2022 (€88.5 Mil) to Jun. 2023 (€88.6 Mil) and increased from Jun. 2023 (€88.6 Mil) to Dec. 2023 (€103.9 Mil).

2G Energy AG's annual retained earnings increased from Dec. 2021 (€74.3 Mil) to Dec. 2022 (€88.5 Mil) and increased from Dec. 2022 (€88.5 Mil) to Dec. 2023 (€103.9 Mil).

2G Energy AG Retained Earnings Historical Data

The historical data trend for 2G Energy 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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2G Energy AG Retained Earnings Chart

2G Energy AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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53.76

63.74

74.33

88.47

103.91

2G Energy AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															74.33	73.83	88.47	88.58	103.91

2G Energy 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.

2G Energy AG (XTER:2GB) 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.

2G Energy AG (XTER:2GB) Business Description

Industry

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2GB:Germany 2GB:Germany

Address

Benzstrasse 3, Heek, NW, DEU, 48619

Website

https://www.2-g.de

2G Energy AG is a Germany based company manufacturer and provider of decentralized energy supply systems. The group through development, production, and technical installation, as well as digital grid integration, combined heat and power systems (CHP), offers comprehensive solutions for combined heat and power generation. The product range of the company includes CHP modules for operation deploying natural gas, biogas, other lean gases, and hydrogen. The company's products have applications in sectors like Chemical and pharmaceutical industries, Horticultural, shopping centers, landfills, hotels, heating networks, swimming pools, and others. The group has business operations in Germany and internationally, of which the majority of the revenue is derived from the operations in Germany.

Executives

Dr. Lukas Lenz

Supervisory Board

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