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BYDIY (BYD Electronic (International) Co) Retained Earnings : $0 Mil (As of Sep. 2024)


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What is BYD Electronic (International) Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BYD Electronic (International) Co's retained earnings for the quarter that ended in Sep. 2024 was $0 Mil.

BYD Electronic (International) Co's quarterly retained earnings increased from Mar. 2024 ($0 Mil) to Jun. 2024 ($3,420 Mil) but then declined from Jun. 2024 ($3,420 Mil) to Sep. 2024 ($0 Mil).

BYD Electronic (International) Co's annual retained earnings declined from Dec. 2021 ($3,016 Mil) to Dec. 2022 ($2,988 Mil) but then increased from Dec. 2022 ($2,988 Mil) to Dec. 2023 ($3,432 Mil).


BYD Electronic (International) Co Retained Earnings Historical Data

The historical data trend for BYD Electronic (International) Co'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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BYD Electronic (International) Co Retained Earnings Chart

BYD Electronic (International) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3,015.56 2,988.16 3,431.58 -

BYD Electronic (International) Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3,431.58 - 3,419.54 - -

BYD Electronic (International) Co 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.


BYD Electronic (International) Co  (OTCPK:BYDIY) 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.


BYD Electronic (International) Co Business Description

Traded in Other Exchanges
Address
No. 1 Bibao Second Road, Baolong Street, Longgang District, Shenzhen, CHN, 518116
BYD Electronic (International) Co Ltd is a diversified components supplier and assembler. Spun out from its parent company BYD Company in 2007, BYDE is known for assembling iPads and is a supplier of metal and plastic components to consumer electronic devices such as tablets, laptops, and smartphones. The next leg of growth also comes from hardware used in electric vehicles and Internet of Things devices such as drones, residential energy storage, and smart home devices. BYDE's headquarters are in Shenzhen, China, and it employed around 150,300 people as of Dec. 31, 2023.

BYD Electronic (International) Co Headlines

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