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Hitachi Zosen (Hitachi Zosen) Retained Earnings : $608 Mil (As of Dec. 2023)


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What is Hitachi Zosen Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hitachi Zosen's retained earnings for the quarter that ended in Dec. 2023 was $608 Mil.

Hitachi Zosen's quarterly retained earnings declined from Jun. 2023 ($564 Mil) to Sep. 2023 ($555 Mil) but then increased from Sep. 2023 ($555 Mil) to Dec. 2023 ($608 Mil).

Hitachi Zosen's annual retained earnings increased from Mar. 2022 ($600 Mil) to Mar. 2023 ($634 Mil) and increased from Mar. 2023 ($634 Mil) to Mar. 2024 ($672 Mil).


Hitachi Zosen Retained Earnings Historical Data

The historical data trend for Hitachi Zosen'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.

Hitachi Zosen Retained Earnings Chart

Hitachi Zosen Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 604.27 619.10 600.14 633.57 671.82

Hitachi Zosen Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 633.57 564.26 554.65 608.48 671.82

Hitachi Zosen 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.


Hitachi Zosen  (OTCPK:HIZOF) 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.


Hitachi Zosen (Hitachi Zosen) Business Description

Traded in Other Exchanges
Address
7-89, Nanko-kita 1-chome, Suminoe-ku, Osaka, JPN, 559-8559
Hitachi Zosen Corp is a Japan-based industrial and engineering company. It engaged in the business domains of Green Energy, Social Infrastructure, and disaster prevention. The Company operations are classified into four reportable segments. Environmental Systems and Industrial Plants Segment include the production of environmental protection systems, water treatment systems, desalination and potabilization plants and chemical plants. Machinery segment includes the production of marine diesel engines, boilers, SCR systems, process equipment amongst others. Infrastructure segment includes bridge construction, water gates, and shield tunneling machines. Operations in the other businesses segment include the transportation business and warehousing business.

Hitachi Zosen (Hitachi Zosen) Headlines

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