GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BOE Varitronix Ltd (FRA:VTX) » Definitions » Retained Earnings

BOE Varitronix (FRA:VTX) Retained Earnings : €210 Mil (As of Dec. 2023)


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

What is BOE Varitronix Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BOE Varitronix's retained earnings for the quarter that ended in Dec. 2023 was €210 Mil.

BOE Varitronix's quarterly retained earnings increased from Dec. 2022 (€158 Mil) to Jun. 2023 (€178 Mil) and increased from Jun. 2023 (€178 Mil) to Dec. 2023 (€210 Mil).

BOE Varitronix's annual retained earnings increased from Dec. 2021 (€77 Mil) to Dec. 2022 (€158 Mil) and increased from Dec. 2022 (€158 Mil) to Dec. 2023 (€210 Mil).


BOE Varitronix Retained Earnings Historical Data

The historical data trend for BOE Varitronix'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.

BOE Varitronix Retained Earnings Chart

BOE Varitronix 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 - - 77.20 157.90 209.94

BOE Varitronix 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 77.20 - 157.90 177.85 209.94

BOE Varitronix 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.


BOE Varitronix  (FRA:VTX) 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.


BOE Varitronix (FRA:VTX) Business Description

Traded in Other Exchanges
Address
Number 7 Shing Yip Street, Units A - F, 35th Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the Manufacture and Sale of Liquid Crystal Displays and Related Products. The company's geographical segments include the PRC, Europe, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.

BOE Varitronix (FRA:VTX) Headlines

No Headlines