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Astrasun Solar PCL (BUD:ASTRASUN) Retained Earnings : Ft1,612 Mil (As of Dec. 2023)


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What is Astrasun Solar PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Astrasun Solar PCL's retained earnings for the quarter that ended in Dec. 2023 was Ft1,612 Mil.

Astrasun Solar PCL's quarterly retained earnings increased from Dec. 2022 (Ft1,337 Mil) to Jun. 2023 (Ft1,350 Mil) and increased from Jun. 2023 (Ft1,350 Mil) to Dec. 2023 (Ft1,612 Mil).

Astrasun Solar PCL's annual retained earnings increased from . 20 (Ft0 Mil) to Dec. 2022 (Ft1,337 Mil) and increased from Dec. 2022 (Ft1,337 Mil) to Dec. 2023 (Ft1,612 Mil).


Astrasun Solar PCL Retained Earnings Historical Data

The historical data trend for Astrasun Solar PCL'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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Astrasun Solar PCL Retained Earnings Chart

Astrasun Solar PCL Annual Data
Trend Dec22 Dec23
Retained Earnings
1,337.20 1,612.09

Astrasun Solar PCL Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Retained Earnings - 1,337.20 1,349.66 1,612.09

Astrasun Solar PCL 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.


Astrasun Solar PCL  (BUD:ASTRASUN) 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.


Astrasun Solar PCL (BUD:ASTRASUN) Business Description

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Address
Kossuth Lajos Strreet 103, Csomad, HUN, H-2161
Astrasun Solar PCL plays key role in the Hungarian renewable energy market. Astrasun is a solar power plant project developer Company, and invests in green energy.

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