SP Group AS (OCSE:SPG) Retained Earnings : kr0 Mil (As of Sep. 2024)

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What is SP Group AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SP Group AS's retained earnings for the quarter that ended in Sep. 2024 was kr0 Mil.

SP Group AS's annual retained earnings increased from Dec. 2021 (kr1,182 Mil) to Dec. 2022 (kr1,351 Mil) and increased from Dec. 2022 (kr1,351 Mil) to Dec. 2023 (kr1,472 Mil).

SP Group AS Retained Earnings Historical Data

The historical data trend for SP Group 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.

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SP Group AS Retained Earnings Chart

SP Group AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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714.06

1,007.89

1,182.23

1,351.46

1,472.35

SP Group AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-	1,472.35	-	-	-

SP Group 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.

SP Group AS (OCSE:SPG) 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.

SP Group AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SP Group AS (OCSE:SPG) » Definitions » Retained Earnings

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Address

Snavevej 6-10, Sonderso, DNK, 5471

Website

https://www.sp-group.dk

SP Group AS is a Denmark-based company active in the plastics industry. It manufactures moulded plastic components and performs coatings on plastic and metal components. Business activity of the group is functioned through Denmark, Poland, Latvia, China, the United States, and Brazil out of which Denmark accounts for the larger share of the revenue. Group operates through two segments, Coatings segment develops and produces fluoroplastic coatings, PTFE, and other refined materials for a number of customers' products and production plants. The plastic and composite solutions segment offers solutions using one or more of the following technologies: reaction injection moulding (Polyurethane and Telene), vacuum forming, extrusion, injection moulding, and blow moulding.