GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Industrias Ch SAB de CV (OTCPK:ICHBF) » Definitions » Retained Earnings

Industrias ChB de CV (Industrias ChB de CV) Retained Earnings : $2,431 Mil (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Industrias ChB de CV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Industrias ChB de CV's retained earnings for the quarter that ended in Mar. 2024 was $2,431 Mil.

Industrias ChB de CV's quarterly retained earnings increased from Sep. 2023 ($2,219 Mil) to Dec. 2023 ($2,250 Mil) and increased from Dec. 2023 ($2,250 Mil) to Mar. 2024 ($2,431 Mil).

Industrias ChB de CV's annual retained earnings increased from Dec. 2021 ($1,562 Mil) to Dec. 2022 ($1,861 Mil) and increased from Dec. 2022 ($1,861 Mil) to Dec. 2023 ($2,250 Mil).


Industrias ChB de CV Retained Earnings Historical Data

The historical data trend for Industrias ChB de CV'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.

* Premium members only.

Industrias ChB de CV Retained Earnings Chart

Industrias ChB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,211.62 1,202.35 1,562.20 1,860.90 2,250.36

Industrias ChB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,994.14 2,151.97 2,218.82 2,250.36 2,431.06

Industrias ChB de CV 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.


Industrias ChB de CV  (OTCPK:ICHBF) 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.


Industrias ChB de CV (Industrias ChB de CV) Business Description

Traded in Other Exchanges
Address
Agustin Melgar 23, Fracc Industrial Ninos Heroes, Tlalnepantla, MEX, 54030
Industrias Ch SAB de CV is a Mexican company. It acts as a producer of special steels in Mexico and the United States. The company's products include Billet, pipes, cylindrical and corrugated steel rods, structural profiles, commercial profiles, barbed wires, and wire rods and rod derivatives.

Industrias ChB de CV (Industrias ChB de CV) Headlines

No Headlines