MHTCF (Mitsui High-tec) Retained Earnings : $419 Mil (As of Jul. 2024)

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What is Mitsui High-tec Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mitsui High-tec's retained earnings for the quarter that ended in Jul. 2024 was $419 Mil.

Mitsui High-tec's quarterly retained earnings declined from Jan. 2024 ($414 Mil) to Apr. 2024 ($414 Mil) but then increased from Apr. 2024 ($414 Mil) to Jul. 2024 ($419 Mil).

Mitsui High-tec's annual retained earnings increased from Jan. 2022 ($278 Mil) to Jan. 2023 ($365 Mil) and increased from Jan. 2023 ($365 Mil) to Jan. 2024 ($414 Mil).

Mitsui High-tec Retained Earnings Historical Data

The historical data trend for Mitsui High-tec'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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Mitsui High-tec Retained Earnings Chart

Mitsui High-tec Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Retained Earnings

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172.36

203.97

278.35

364.71

414.45

Mitsui High-tec Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Retained Earnings	Get a 7-Day Free Trial															380.04	414.45	413.61	418.68	448.29

Mitsui High-tec 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.

Mitsui High-tec (OTCPK:MHTCF) 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.

Mitsui High-tec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mitsui High-tec Inc (OTCPK:MHTCF) » Definitions » Retained Earnings

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6966:Japan

Address

2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588

Website

http://www.mitsui-high-tec.com

Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

Mitsui High-tec Headlines

From GuruFocus

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