Truelight (ROCO:3234) Retained Earnings : NT$-405.2 Mil (As of Sep. 2024)

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What is Truelight Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Truelight's retained earnings for the quarter that ended in Sep. 2024 was NT$-405.2 Mil.

Truelight's quarterly retained earnings increased from Mar. 2024 (NT$-643.5 Mil) to Jun. 2024 (NT$-349.1 Mil) but then declined from Jun. 2024 (NT$-349.1 Mil) to Sep. 2024 (NT$-405.2 Mil).

Truelight's annual retained earnings declined from Dec. 2021 (NT$-133.1 Mil) to Dec. 2022 (NT$-170.4 Mil) and declined from Dec. 2022 (NT$-170.4 Mil) to Dec. 2023 (NT$-560.8 Mil).

Truelight Retained Earnings Historical Data

The historical data trend for Truelight'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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Truelight Retained Earnings Chart

Truelight Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-521.73

4.33

-133.14

-170.40

-560.84

Truelight 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															-384.81	-560.84	-643.52	-349.14	-405.22

Truelight 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.

Truelight (ROCO:3234) 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.

Truelight Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Truelight Corp (ROCO:3234) » Definitions » Retained Earnings

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Address

No.21, Prosperity Road 1, Hsinchu Science Park, Hsinchu, TWN, 300

Website

https://www.truelight.com.tw

Truelight Corp engages in the manufacturing and supply of components for the local area networks, storage area network, fiber to the home, and metro area network. The business items of the company are design, research and development, Production, and sales, which are applied to optical fiber communication, mobile communication base station interconnection, cloud data center, 3D Sensing/Near-Field Sensing/Flood Illumination Vertical Cavity Surface Emitting Laser, Edge laser, photodiode, including components, sub-modules, Light engine/AOC and other types of products. The products of the company include VCSEL chips, FP-LD chips, DFB-LD chips, and PIN chips.

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