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Acmepoint Energy Services Co (ROCO:6692) Retained Earnings : NT$119 Mil (As of Mar. 2024)


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What is Acmepoint Energy Services Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Acmepoint Energy Services Co's retained earnings for the quarter that ended in Mar. 2024 was NT$119 Mil.

Acmepoint Energy Services Co's quarterly retained earnings increased from Sep. 2023 (NT$151 Mil) to Dec. 2023 (NT$151 Mil) but then declined from Dec. 2023 (NT$151 Mil) to Mar. 2024 (NT$119 Mil).

Acmepoint Energy Services Co's annual retained earnings increased from Dec. 2021 (NT$152 Mil) to Dec. 2022 (NT$239 Mil) but then declined from Dec. 2022 (NT$239 Mil) to Dec. 2023 (NT$151 Mil).


Acmepoint Energy Services Co Retained Earnings Historical Data

The historical data trend for Acmepoint Energy Services 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.

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Acmepoint Energy Services Co Retained Earnings Chart

Acmepoint Energy Services Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 144.98 234.56 151.83 239.20 151.07

Acmepoint Energy Services Co Quarterly Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 - 154.20 150.94 151.07 119.31

Acmepoint Energy Services 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.


Acmepoint Energy Services Co  (ROCO:6692) 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.


Acmepoint Energy Services Co (ROCO:6692) Business Description

Traded in Other Exchanges
N/A
Address
No.257, Xinhu 2nd Road, 6 Floor, Neihu District, Taipei, TWN, 114
Acmepoint Energy Services Co is a Taiwan-based company engaged in the construction of the solar power station. Products and services offered by the company include solar system and station services, solar thermal power systems, energy storage systems, and biomass energy generation systems, among others. The company is also engaged in the development of overseas projects.

Acmepoint Energy Services Co (ROCO:6692) Headlines

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