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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hanwa Co's retained earnings for the quarter that ended in Mar. 2026 was $2,071 Mil.
Hanwa Co's quarterly retained earnings
declined
from Sep. 2025 ($2,102 Mil) to Dec. 2025 ($2,019 Mil) but then
increased
from Dec. 2025 ($2,019 Mil) to Mar. 2026 ($2,071 Mil).
Hanwa Co's annual retained earnings
increased
from Mar. 2024 ($1,742 Mil) to Mar. 2025 ($2,001 Mil) and
increased
from Mar. 2025 ($2,001 Mil) to Mar. 2026 ($2,071 Mil).
Hanwa Co (OTCPK:HNWAF) 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.
Hanwa Co Retained Earnings Historical Data
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The historical data trend for Hanwa 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.
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.
Hanwa Co (HNWAF) has a Retained Earnings of $2,071 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hanwa Co and its competitors.
Is Hanwa Co's Retained Earnings too high?
Hanwa Co's current Retained Earnings is $2,071 Mil. Overall, Hanwa Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanwa Co's Retained Earnings compare to HON and MMM?
Hanwa Co's Retained Earnings of $2,071 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Conglomerates company?
A good Retained Earnings depends on the Conglomerates industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hanwa Co and its competitors. Hanwa Co's current Retained Earnings is $2,071 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanwa Co stock overvalued right now?
Based on GuruFocus' analysis, Hanwa Co (HNWAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.65, compared to a current price of $10.79 — trading 41% above its estimated fair value. The current Retained Earnings is $2,071 Mil. Hanwa Co's overall GF Score™ is 55/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Hanwa Co (HNWAF), the current Retained Earnings is $2,071 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hanwa Co (HNWAF) Overvalued in 2026?
Based on GuruFocus' analysis, Hanwa Co stock appears to be overvalued.
The current stock price of $10.79 is trading 41% above its estimated GF Value™ of $7.65.
GuruFocus considers Hanwa Co to be Significantly Overvalued.
Key valuation signals for HNWAF:
Retained Earnings: $2,071 Mil
GF Value™: $7.65 vs. price of $10.79 (41% above fair value)
No single metric tells the full story. See the HNWAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanwa Co Ltd is a Japan-based trading company with seven segments. The steel segment handles steel products and building materials. The metals and alloys segment supplies chromium, manganese, and other metals. The nonferrous metals segment recycles aluminum, copper, nickel, and chromium. The food products segment handles seafood. The petroleum and chemicals segment trades petroleum products and others. The overseas sales subsidiaries segment comprises Hanwa's overseas subsidiaries in North America and Asia. The other business segment imports forest products and handles amusement facilities and industrial machinery. Steel, petroleum and chemicals, and metals and alloys are the three largest segments by revenue contribution. Hanwa generates most of its revenue from Japanese domestic market.
55GF Score
Get the complete analysis for HNWAF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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