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Air Change International (ASX:AHJ) Retained Earnings : A$2.45 Mil (As of Jun. 2015)


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What is Air Change International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Air Change International's retained earnings for the quarter that ended in Jun. 2015 was A$2.45 Mil.

Air Change International's quarterly retained earnings increased from Jun. 2014 (A$3.17 Mil) to Dec. 2014 (A$3.21 Mil) but then declined from Dec. 2014 (A$3.21 Mil) to Jun. 2015 (A$2.45 Mil).

Air Change International's annual retained earnings increased from Jun. 2013 (A$2.80 Mil) to Jun. 2014 (A$3.17 Mil) but then declined from Jun. 2014 (A$3.17 Mil) to Jun. 2015 (A$2.45 Mil).


Air Change International Retained Earnings Historical Data

The historical data trend for Air Change International'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.

Air Change International Retained Earnings Chart

Air Change International Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 1.58 2.80 3.17 2.45

Air Change International Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.80 3.07 3.17 3.21 2.45

Air Change International 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.


Air Change International  (ASX:AHJ) 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.


Air Change International (ASX:AHJ) Business Description

Traded in Other Exchanges
N/A
Address
11 Broadhurst Road, Ingleburn, NSW, AUS, 2565
Air Change International Ltd operates through its subsidiaries, designs, manufactures and sells heating, cooling, and ventilation equipment for industrial, commercial, and institutional buildings and processes in Australia. It is a manufacturer of heating, ventilation and air conditioning systems, which incorporates energy and heat recovery technology and minimises the energy required to condition the fresh outdoor air supply for the indoor environment.

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