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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Song Da's retained earnings for the quarter that ended in Jun. 2026 was ₫3,314,866 Mil.
Song Da's quarterly retained earnings
increased
from Dec. 2025 (₫2,357,447 Mil) to Mar. 2026 (₫2,880,154 Mil) and
increased
from Mar. 2026 (₫2,880,154 Mil) to Jun. 2026 (₫3,314,866 Mil).
Song Da's annual retained earnings
declined
from Dec. 2023 (₫1,544,982 Mil) to Dec. 2024 (₫1,446,619 Mil) but then
increased
from Dec. 2024 (₫1,446,619 Mil) to Dec. 2025 (₫2,357,447 Mil).
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.
Song Da Retained Earnings Historical Data
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The historical data trend for Song Da'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.
What does a Retained Earnings of ₫3,314,866 Mil mean?
Song Da (HSTC:SJG) has a Retained Earnings of ₫3,314,866 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Song Da and its competitors.
Is Song Da's Retained Earnings too high?
Song Da's current Retained Earnings is ₫3,314,866 Mil. Overall, Song Da has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Song Da's Retained Earnings compare to MMM and HON?
Song Da's Retained Earnings of ₫3,314,866 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 Song Da and its competitors. Song Da's current Retained Earnings is ₫3,314,866 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Da stock overvalued right now?
Based on GuruFocus' analysis, Song Da (HSTC:SJG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫19,475.85, compared to a current price of ₫25,100.00 — trading 28.9% above its estimated fair value. The current Retained Earnings is ₫3,314,866 Mil. Song Da's overall GF Score™ is 65/100 with 3 warning signs to review. 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 Song Da (HSTC:SJG), the current Retained Earnings is ₫3,314,866 Mil as of Jun. 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 Song Da (HSTC:SJG) Overvalued in 2026?
Based on GuruFocus' analysis, Song Da stock appears to be overvalued.
The current stock price of ₫25,100.00 is trading 28.9% above its estimated GF Value™ of ₫19,475.85.
GuruFocus considers Song Da to be Modestly Overvalued.
Key valuation signals for HSTC:SJG:
Retained Earnings: ₫3,314,866 Mil
GF Value™: ₫19,475.85 vs. price of ₫25,100.00 (28.9% above fair value)
No single metric tells the full story. See the HSTC:SJG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Song Da Corp is engaged in business include: production and trading of electricity, construction, installation and trading of real estate. It also includes activities such as General contractor for construction (EPC general contractor) and construction and installation of traffic, industrial, civil, electricity, irrigation, complex underground works; Construction and foundation treatment of works; Construction of houses of all kinds; Trading in commercial electricity; Manufacturing and trading in equipment, Construction materials; Manufacture and install industrial equipment and machinery; Investment, development and business in urban areas, industrial parks and economic zones; Renting office. The company's segments include: Industrial production Construction installation and Others.
65GF Score
Get the complete analysis for HSTC:SJG
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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