GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fulltech Fiber Glass Corp (ROCO:1815) » Definitions » Retained Earnings

Fulltech Fiber Glass (ROCO:1815) Retained Earnings : NT$-542 Mil (As of Sep. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Fulltech Fiber Glass Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fulltech Fiber Glass's retained earnings for the quarter that ended in Sep. 2024 was NT$-542 Mil.

Fulltech Fiber Glass's quarterly retained earnings declined from Mar. 2024 (NT$-527 Mil) to Jun. 2024 (NT$-529 Mil) and declined from Jun. 2024 (NT$-529 Mil) to Sep. 2024 (NT$-542 Mil).

Fulltech Fiber Glass's annual retained earnings declined from Dec. 2021 (NT$711 Mil) to Dec. 2022 (NT$312 Mil) and declined from Dec. 2022 (NT$312 Mil) to Dec. 2023 (NT$-466 Mil).


Fulltech Fiber Glass Retained Earnings Historical Data

The historical data trend for Fulltech Fiber Glass'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.

Fulltech Fiber Glass Retained Earnings Chart

Fulltech Fiber Glass 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 278.47 -14.76 710.63 311.65 -465.58

Fulltech Fiber Glass 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 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 -109.65 -465.58 -526.85 -529.23 -542.18

Fulltech Fiber Glass 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.


Fulltech Fiber Glass  (ROCO:1815) 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.


Fulltech Fiber Glass Business Description

Traded in Other Exchanges
N/A
Address
Dougong 16th Road, No. 8, Yunlin County, Douliu, TWN
Fulltech Fiber Glass Corp is engaged in producing and selling fiberglass yarn and fiberglass fabric, which are the main upstream materials for Printed Circuit Boards. The reportable segments of the company are the Fiberglass Yarn and the Fiberglass Fabric segment. Geographically, the company generates a majority of its revenue from Taiwan and the rest from China.

Fulltech Fiber Glass Headlines

No Headlines