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Mega Polietilen Kopuknayi ve Ticaret AS (IST:MEGAP) Retained Earnings : ₺335 Mil (As of Dec. 2022)


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What is Mega Polietilen Kopuknayi ve Ticaret AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mega Polietilen Kopuknayi ve Ticaret AS's retained earnings for the quarter that ended in Dec. 2022 was ₺335 Mil.

Mega Polietilen Kopuknayi ve Ticaret AS's quarterly retained earnings increased from Jun. 2022 (₺74 Mil) to Sep. 2022 (₺101 Mil) and increased from Sep. 2022 (₺101 Mil) to Dec. 2022 (₺335 Mil).

Mega Polietilen Kopuknayi ve Ticaret AS's annual retained earnings increased from Dec. 2021 (₺36 Mil) to Dec. 2022 (₺335 Mil) and increased from Dec. 2022 (₺335 Mil) to Dec. 2023 (₺583 Mil).


Mega Polietilen Kopuknayi ve Ticaret AS Retained Earnings Historical Data

The historical data trend for Mega Polietilen Kopuknayi 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.

* Premium members only.

Mega Polietilen Kopuknayi ve Ticaret AS Retained Earnings Chart

Mega Polietilen Kopuknayi ve Ticaret AS 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 12.53 19.99 35.96 335.50 582.52

Mega Polietilen Kopuknayi ve Ticaret AS Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Dec23
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 35.96 73.97 100.64 335.50 582.52

Mega Polietilen Kopuknayi 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.


Mega Polietilen Kopuknayi ve Ticaret AS  (IST:MEGAP) 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.


Mega Polietilen Kopuknayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Hadimkoy Mah, Mustafa inan Cad, No 6 Amavutkoy, Istanbul, TUR, 34555
Mega Polietilen Kopuk Sanayi ve Ticaret AS is engaged in the manufacturing and distribution of foam sheets. It provides closed cell polyethylene sheets for packaging, shoes, marine, automotive, promotion, and medical products.

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