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BWOWF (Wowjoint Holdings) Retained Earnings : $0.50 Mil (As of Dec. 2013)


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What is Wowjoint Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wowjoint Holdings's retained earnings for the quarter that ended in Dec. 2013 was $0.50 Mil.

Wowjoint Holdings's quarterly retained earnings increased from Dec. 2012 ($1.84 Mil) to Jun. 2013 ($3.28 Mil) but then declined from Jun. 2013 ($3.28 Mil) to Dec. 2013 ($0.50 Mil).

Wowjoint Holdings's annual retained earnings declined from Dec. 2011 ($5.96 Mil) to Dec. 2012 ($1.84 Mil) and declined from Dec. 2012 ($1.84 Mil) to Dec. 2013 ($0.50 Mil).


Wowjoint Holdings Retained Earnings Historical Data

The historical data trend for Wowjoint Holdings'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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Wowjoint Holdings Retained Earnings Chart

Wowjoint Holdings Annual Data
Trend Dec08 Dec10 Dec11 Dec12 Dec13
Retained Earnings
0.06 5.96 5.96 1.84 0.50

Wowjoint Holdings Quarterly Data
May08 Dec08 Jun09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Dec12 Jun13 Dec13
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 6.76 5.88 1.84 3.28 0.50

Wowjoint Holdings 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.


Wowjoint Holdings  (OTCPK:BWOWF) 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.


Wowjoint Holdings Business Description

Traded in Other Exchanges
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Address
No. 2 Xinfeng Road, Deshemengwai Street, 1108 A Block Tiancheng Mansion, Xicheng District, Beijing, CHN, 100088
Wowjoint Holdings Ltd provides infrastructure solutions for customized heavy duty lifting and carrying machinery used in large-scale projects. The company operates under the manufacture and marketing of non-standard heavy lifting and carrying equipment in China. The equipment and machinery are used in various engineering fields, such as bridge, road and railway construction, as well as in areas of heavy capacity lifting and transporting of concrete beams, boats, and shipping containers. Geographically all the operations are functioned through the region of China.

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