Franbo Lines (ROCO:2641) Retained Earnings : NT$1,870 Mil (As of Sep. 2024)

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What is Franbo Lines Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Franbo Lines's retained earnings for the quarter that ended in Sep. 2024 was NT$1,870 Mil.

Franbo Lines's quarterly retained earnings increased from Mar. 2024 (NT$1,609 Mil) to Jun. 2024 (NT$1,683 Mil) and increased from Jun. 2024 (NT$1,683 Mil) to Sep. 2024 (NT$1,870 Mil).

Franbo Lines's annual retained earnings increased from Dec. 2021 (NT$381 Mil) to Dec. 2022 (NT$1,403 Mil) and increased from Dec. 2022 (NT$1,403 Mil) to Dec. 2023 (NT$1,604 Mil).

Franbo Lines Retained Earnings Historical Data

The historical data trend for Franbo Lines'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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Franbo Lines Retained Earnings Chart

Franbo Lines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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120.17

124.23

380.79

1,403.29

1,604.26

Franbo Lines 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															1,453.04	1,604.26	1,608.56	1,683.23	1,870.38

Franbo Lines 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.

Franbo Lines (ROCO:2641) 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.

Franbo Lines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Franbo Lines Corp (ROCO:2641) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

Haibian Road, 3rd Floor, No.31, Lingya District, Kaohsiung, TWN, 802

Website

https://www.franbo.com.tw

Franbo Lines Corp is a Taiwan-based company engaged in offering ocean transport, consulting, and shipping agency services. It provides the ship freight forwarder, ship chartering, ship operation, and other services. Its business areas include Time charter of vessels, Freight forwarding service, and Vessel management. The company owned the vessels with the official cross-strait direct flights and was given special permission which is one of the majority's bulk carriers and general cargo shipping business between China and Taiwan.

Franbo Lines Headlines

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