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Song Da No 19 JSC (HSTC:SJM) Retained Earnings : ₫0.00 Mil (As of . 20)


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What is Song Da No 19 JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Song Da No 19 JSC's retained earnings for the quarter that ended in . 20 was ₫0.00 Mil.


Song Da No 19 JSC Retained Earnings Historical Data

The historical data trend for Song Da No 19 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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Song Da No 19 JSC Retained Earnings Chart

Song Da No 19 JSC Annual Data
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Song Da No 19 JSC Semi-Annual Data
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Song Da No 19 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.


Song Da No 19 JSC  (HSTC:SJM) 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.


Song Da No 19 JSC (HSTC:SJM) Business Description

Traded in Other Exchanges
N/A
Address
Ngo Quyen street, 4th floor - No. 46, Hang Bai ward, Hoan Kiem district, Ha noi, VNM
Song Da No 19 JSC is a construction company. It builds civil, industrial, traffic, irrigation, electric works, ports, bridges, and airports. The core business activities of the company are building civil, industrial, transportation, irrigation, hydropower works, transmission lines, and electricity substations.

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