Petrolimex Nghe Tinh Transportation and Service JSC (HSTC:PTX) Retained Earnings : ₫0.00 Mil (As of . 20)

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What is Petrolimex Nghe Tinh Transportation and Service JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Petrolimex Nghe Tinh Transportation and Service JSC's retained earnings for the quarter that ended in . 20 was ₫0.00 Mil.

Petrolimex Nghe Tinh Transportation and Service JSC Retained Earnings Historical Data

The historical data trend for Petrolimex Nghe Tinh Transportation and Service 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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Petrolimex Nghe Tinh Transportation and Service JSC Retained Earnings Chart

Petrolimex Nghe Tinh Transportation and Service JSC Annual Data

Trend

Retained Earnings

Petrolimex Nghe Tinh Transportation and Service JSC Semi-Annual Data

Retained Earnings

Petrolimex Nghe Tinh Transportation and Service 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.

Petrolimex Nghe Tinh Transportation and Service JSC (HSTC:PTX) 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.

Petrolimex Nghe Tinh Transportation and Service JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Petrolimex Nghe Tinh Transportation and Service JSC (HSTC:PTX) » Definitions » Retained Earnings

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Address

Hamlet 13, Nghi Kim Commune, Nghe An Province, Vinh, VNM

Website

https://ptsnghetinh.petrolimex.com.vn

Petrolimex Nghe Tinh Transportation and Service JSC is an investment holding company. The company business activities include Transportation of petrol and oil, goods by road and waterway; Trading in petroleum and petrochemical products; Mechanical repair services, automobile and motorcycle overhaul, assembly Assemble petrol and oil technology pump columns; Hotel business; Animal feed processing and Warehouse business.

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