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Ba Ria - Vung Tau Water Supply JSC (HSTC:BWS) Retained Earnings : ₫28,014 Mil (As of Dec. 2023)


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What is Ba Ria - Vung Tau Water Supply JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ba Ria - Vung Tau Water Supply JSC's retained earnings for the quarter that ended in Dec. 2023 was ₫28,014 Mil.

Ba Ria - Vung Tau Water Supply JSC's quarterly retained earnings increased from Jun. 2023 (₫54,820 Mil) to Sep. 2023 (₫107,900 Mil) but then declined from Sep. 2023 (₫107,900 Mil) to Dec. 2023 (₫28,014 Mil).

Ba Ria - Vung Tau Water Supply JSC's annual retained earnings increased from Dec. 2021 (₫5,342 Mil) to Dec. 2022 (₫96,253 Mil) but then declined from Dec. 2022 (₫96,253 Mil) to Dec. 2023 (₫28,014 Mil).


Ba Ria - Vung Tau Water Supply JSC Retained Earnings Historical Data

The historical data trend for Ba Ria - Vung Tau Water Supply JSC'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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Ba Ria - Vung Tau Water Supply JSC Retained Earnings Chart

Ba Ria - Vung Tau Water Supply JSC Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
5,341.61 96,253.30 28,014.14

Ba Ria - Vung Tau Water Supply JSC Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only - 96,253.30 54,819.79 107,900.18 28,014.14

Ba Ria - Vung Tau Water Supply JSC 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.


Ba Ria - Vung Tau Water Supply JSC  (HSTC:BWS) 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.


Ba Ria - Vung Tau Water Supply JSC Business Description

Traded in Other Exchanges
N/A
Address
No. 14 - Street 30/4, Ward 9, Vung Tau, Vung Tau, VNM
Ba Ria - Vung Tau Water Supply JSC is engaged in the production and supply of clean water. It provides Installation and repair services for new household water meters. The company is also engaged in the purchase and sale of specialized water supply and drainage products, and Design water supply and drainage construction.

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