GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eris Technology Corp (ROCO:3675) » Definitions » Retained Earnings

Eris Technology (ROCO:3675) Retained Earnings : NT$629 Mil (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Eris Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eris Technology's retained earnings for the quarter that ended in Mar. 2024 was NT$629 Mil.

Eris Technology's quarterly retained earnings increased from Sep. 2023 (NT$460 Mil) to Dec. 2023 (NT$533 Mil) and increased from Dec. 2023 (NT$533 Mil) to Mar. 2024 (NT$629 Mil).

Eris Technology's annual retained earnings increased from Dec. 2021 (NT$338 Mil) to Dec. 2022 (NT$538 Mil) but then declined from Dec. 2022 (NT$538 Mil) to Dec. 2023 (NT$533 Mil).


Eris Technology Retained Earnings Historical Data

The historical data trend for Eris Technology'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.

Eris Technology Retained Earnings Chart

Eris Technology 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 145.18 108.55 337.53 538.17 533.43

Eris Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 613.57 371.28 460.01 533.43 629.34

Eris Technology 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.


Eris Technology  (ROCO:3675) 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.


Eris Technology (ROCO:3675) Business Description

Traded in Other Exchanges
N/A
Address
Section 3, Beishen Road, 222 6th Floor, No. 17, Lane 155, Shenkeng District, New Taipei City, TWN, 22203
Eris Technology Corp designs and manufactures after-market services for Diode products in Taiwan. The Company mainly manufactures tests and sells rectifier diodes, wafers, and a light-emitting diode. Its products include Schottky Diodes, TVS Diodes, Zener Diodes, Bridge Diodes, Wafers, LEDs, and relevant devices. It operates in two departments. Eris Technology and Jie Cheng - mainly manufacturing and selling in diodes, Yea Shin - mainly manufacturing and selling in wafers. The majority is from Eris Technology and Jie Cheng. Geographically, it operates in Taiwan, Asia, Europe, North USA, and Australia, out of which the majority is from Taiwan.

Eris Technology (ROCO:3675) Headlines

No Headlines