Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) Retained Earnings: ₺3,651 Mil (As of Mar. 2026)

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IST:HATSN Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS IST:HATSN
58 GF Score
Price ₺61.25
! 7 Warning Signs
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What is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Retained Earnings?

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS IST:HATSN -2.31% 58 Retained Earnings is ₺3,651 Mil as of Mar. 2026. GuruFocus rates IST:HATSN with a GF Score™ of 58/100. The stock has 7 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's retained earnings for the quarter that ended in Mar. 2026 was ₺3,651 Mil.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's quarterly retained earnings declined from Sep. 2025 (₺3,681 Mil) to Dec. 2025 (₺3,381 Mil) but then increased from Dec. 2025 (₺3,381 Mil) to Mar. 2026 (₺3,651 Mil).

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's annual retained earnings increased from Dec. 2022 (₺1,165 Mil) to Dec. 2023 (₺2,109 Mil) and increased from Dec. 2023 (₺2,109 Mil) to Dec. 2024 (₺3,592 Mil).


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS  (IST:HATSN) 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.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Retained Earnings Historical Data

* Premium members only.

The historical data trend for Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS'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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Retained Earnings Chart

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
47.18 39.91 1,164.70 2,108.64 3,592.47

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3,099.01 3,384.37 3,681.13 3,381.34 3,650.65
IST:HATSN
58GF Score
Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS IST:HATSN
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₺3,651 Mil mean?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) has a Retained Earnings of ₺3,651 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS and its competitors.
Is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Retained Earnings too high?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's current Retained Earnings is ₺3,651 Mil. Overall, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Retained Earnings compare to SPCX and GE?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Retained Earnings of ₺3,651 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Retained Earnings depends on the Aerospace & Defense 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 Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS and its competitors. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's current Retained Earnings is ₺3,651 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS stock overvalued right now?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) has a current Retained Earnings of ₺3,651 Mil. The current Retained Earnings is ₺3,651 Mil. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's overall GF Score™ is 58/100 with 7 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 Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN), the current Retained Earnings is ₺3,651 Mil as of Mar. 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Business Description

Address Florya Cad. Florya Plaza, No: 88/2 Florya, Bakirkoy, Istanbul, TUR, 34153
Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS is a company engaged in purchase of domestic and foreign shipbuilding facilities, shipyards, hotels, cruise ships and yachts of all tonnages. It also operates in special transformation projects. Extension projects on ships, special project installations related to new machinery, equipment or production, and heavy steel construction works are the expertise of HAT-SAN Shipyard.
58GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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