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Truong Phu JSC (HSTC:TGP) Retained Earnings : ₫0.00 Mil (As of . 20)


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What is Truong Phu JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Truong Phu JSC's retained earnings for the quarter that ended in . 20 was ₫0.00 Mil.


Truong Phu JSC Retained Earnings Historical Data

The historical data trend for Truong Phu 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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Truong Phu JSC Retained Earnings Chart

Truong Phu JSC Annual Data
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Truong Phu JSC Semi-Annual Data
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Truong Phu 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.


Truong Phu JSC  (HSTC:TGP) 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.


Truong Phu JSC (HSTC:TGP) Business Description

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Address
Lot A2 Phuc Dien Industrial Park, Cam Phuc Commune, Cam Giang District, Hai Duong Province, Hai Duong, VNM
Truong Phu JSC is engaged in producing and selling cables. The company products include Low Voltage Power Cable; Coaxial Cable; Lan Network Cable; Electrical Engineering Round Copper Wire and others.