Bright Solar (NSE:BRIGHT) Retained Earnings : ₹-36.1 Mil (As of Mar. 2023)

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What is Bright Solar Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bright Solar's retained earnings for the quarter that ended in Mar. 2023 was ₹-36.1 Mil.

Bright Solar's quarterly retained earnings increased from Mar. 2022 (₹-36.7 Mil) to Sep. 2022 (₹0.0 Mil) but then declined from Sep. 2022 (₹0.0 Mil) to Mar. 2023 (₹-36.1 Mil).

Bright Solar's annual retained earnings increased from Mar. 2022 (₹-36.7 Mil) to Mar. 2023 (₹-36.1 Mil) and increased from Mar. 2023 (₹-36.1 Mil) to Mar. 2024 (₹0.0 Mil).

Bright Solar Retained Earnings Historical Data

The historical data trend for Bright Solar'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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Bright Solar Retained Earnings Chart

Bright Solar Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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37.55

37.28

-36.67

-36.13

Bright Solar Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
Retained Earnings	Get a 7-Day Free Trial												-	-36.67	-	-36.13	-

Bright Solar 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.

Bright Solar (NSE:BRIGHT) 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.

Bright Solar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Bright Solar Ltd (NSE:BRIGHT) » Definitions » Retained Earnings

Traded in Other Exchanges

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Address

Thaltej Cross Road, S.G. Highway, C-602, Titanium Square, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.brightsolarltd.com

Bright Solar Ltd is engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems. It is also engaged in Engineering, Procurement, and Construction (EPC) contracts for Solar Photovoltaic Water pumps which include supplying, installing, and commissioning the pump system along with a comprehensive maintenance contract. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, bright solar marts, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Installation of Systems and Consulting of Project Tendering and Infrastructure, and FMCG Sales. The company generates the majority of its revenue from Solar Water Pumping and other system sales.

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