GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Value Valves Co Ltd (ROCO:4580) » Definitions » Retained Earnings

Value Valves Co (ROCO:4580) Retained Earnings : NT$910 Mil (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Value Valves Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Value Valves Co's retained earnings for the quarter that ended in Mar. 2024 was NT$910 Mil.

Value Valves Co's quarterly retained earnings increased from Sep. 2023 (NT$745 Mil) to Dec. 2023 (NT$799 Mil) and increased from Dec. 2023 (NT$799 Mil) to Mar. 2024 (NT$910 Mil).

Value Valves Co's annual retained earnings increased from Dec. 2021 (NT$647 Mil) to Dec. 2022 (NT$721 Mil) and increased from Dec. 2022 (NT$721 Mil) to Dec. 2023 (NT$799 Mil).


Value Valves Co Retained Earnings Historical Data

The historical data trend for Value Valves Co'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.

Value Valves Co Retained Earnings Chart

Value Valves Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 495.86 555.22 647.32 720.89 799.18

Value Valves Co 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 802.95 650.29 744.73 799.18 910.01

Value Valves Co 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.


Value Valves Co  (ROCO:4580) 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.


Value Valves Co (ROCO:4580) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Chung-Shan Road, Tu-Chung Industrial District, New Taipei City, TWN, 236
Value Valves Co Ltd is a Taiwan based company engaged in the development, design, manufacture, inspection and marketing of a different variety of valves. Its product offerings include butterfly valves, check valves, damper valves, ball valves, globe valves, gate valves, gear box control, pneumatic control, hydraulic control, electric control and customized valves. The company exports its products to the United States, Japan, Europe, Oceania and other advanced industrial and regions. Its products are widely used in petroleum and petrochemical products, steel, shipbuilding, energy. water treatment, paper, air-conditioning, electronic and other industrial fields.

Value Valves Co (ROCO:4580) Headlines

No Headlines