GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MKDWell Tech Inc (NAS:MKDW) » Definitions » Retained Earnings

MKDW (MKDWell Tech) Retained Earnings : $-13.73 Mil (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is MKDWell Tech Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MKDWell Tech's retained earnings for the quarter that ended in Dec. 2024 was $-13.73 Mil.

MKDWell Tech's quarterly retained earnings declined from Dec. 2023 ($-11.21 Mil) to Jun. 2024 ($-12.62 Mil) and declined from Jun. 2024 ($-12.62 Mil) to Dec. 2024 ($-13.73 Mil).

MKDWell Tech's annual retained earnings declined from Dec. 2022 ($-9.62 Mil) to Dec. 2023 ($-11.21 Mil) and declined from Dec. 2023 ($-11.21 Mil) to Dec. 2024 ($-13.73 Mil).

MKDWell Tech Retained Earnings Historical Data

The historical data trend for MKDWell Tech'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.

MKDWell Tech Retained Earnings Chart

MKDWell Tech Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Retained Earnings
-8.37 -9.62 -11.21 -13.73

MKDWell Tech Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Retained Earnings Get a 7-Day Free Trial -9.62 -10.41 -11.21 -12.62 -13.73

MKDWell Tech 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.

MKDWell Tech  (NAS:MKDW) 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.

MKDWell Tech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MKDWell Tech Inc (NAS:MKDW) » Definitions » Retained Earnings
Comparable Companies
SYPR CVGI GTEC PRTS WKSP SAG SUP OMTK NCNCF REE ORLY AZO TSE:6902 TSE:5108 XPAR:ML SHSE:600660 GPC XTER:CON XKRX:012330 XTER:KBX
Traded in Other Exchanges
N/A
Address
No. 6-2, Duxing Road, 1st Floor, Hsinchu Science Park, Hsinchu City 300, Hsinchu City, TWN
Website
http://www.mkdwell.com
MKDWell Tech Inc is a company engaged in supplying automotive electronics for passenger cars, modified commercial vehicles, camper vans and logistics vehicles. Its business coverage extends across the spectrum of research and development, design, production and sales of automotive electronic products. The main products are intelligent camper vans control systems, LiDAR sensors, intelligent container control systems for logistics vehicles, vehicle seat control system, and it provide customers with ODM and OEM customized services.