GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Anton Oilfield Services Group (FRA:5AO) » Definitions » Retained Earnings

Anton Oilfield Services Group (FRA:5AO) Retained Earnings : €199.7 Mil (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Anton Oilfield Services Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Anton Oilfield Services Group's retained earnings for the quarter that ended in Dec. 2023 was €199.7 Mil.

Anton Oilfield Services Group's quarterly retained earnings increased from Dec. 2022 (€184.0 Mil) to Jun. 2023 (€187.7 Mil) and increased from Jun. 2023 (€187.7 Mil) to Dec. 2023 (€199.7 Mil).

Anton Oilfield Services Group's annual retained earnings increased from Dec. 2021 (€0.0 Mil) to Dec. 2022 (€184.0 Mil) and increased from Dec. 2022 (€184.0 Mil) to Dec. 2023 (€199.7 Mil).


Anton Oilfield Services Group Retained Earnings Historical Data

The historical data trend for Anton Oilfield Services Group'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.

Anton Oilfield Services Group Retained Earnings Chart

Anton Oilfield Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 183.96 199.72

Anton Oilfield Services Group 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 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 - - 183.96 187.71 199.72

Anton Oilfield Services Group 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.


Anton Oilfield Services Group  (FRA:5AO) 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.


Anton Oilfield Services Group (FRA:5AO) Business Description

Traded in Other Exchanges
Address
No. 8, Pingcui West Road, Donghuqu, Chaoyang District, Beijing, CHN, 100102
Anton Oilfield Services Group is an investment holding company principally engaged in the provision of integrated oil and gas field development technical services. The Company operates its business through three segments. The Drilling Technology segment is engaged in the provision of engineering technical services and products to solve problems encountered in directional drilling, drilling assessment and enhanced reservoir contact and integrated drilling. The Well Completion segment is engaged in integrated well completion and stimulation services from integrated solutions for well completion, production, equipment, tools, and materials. The Oil Production Services segment is engaged in enabling economic recovery based on reservoir geological conditions.

Anton Oilfield Services Group (FRA:5AO) Headlines

No Headlines