GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Acro Biomedical Co Ltd (ROCO:6748) » Definitions » Retained Earnings

Acro Biomedical Co (ROCO:6748) Retained Earnings : NT$-200.98 Mil (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Acro Biomedical Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Acro Biomedical Co's retained earnings for the quarter that ended in Jun. 2024 was NT$-200.98 Mil.

Acro Biomedical Co's quarterly retained earnings declined from Jun. 2023 (NT$-164.72 Mil) to Dec. 2023 (NT$-174.62 Mil) and declined from Dec. 2023 (NT$-174.62 Mil) to Jun. 2024 (NT$-200.98 Mil).

Acro Biomedical Co's annual retained earnings declined from Dec. 2021 (NT$-232.62 Mil) to Dec. 2022 (NT$-293.50 Mil) but then increased from Dec. 2022 (NT$-293.50 Mil) to Dec. 2023 (NT$-174.62 Mil).


Acro Biomedical Co Retained Earnings Historical Data

The historical data trend for Acro Biomedical 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.

Acro Biomedical Co Retained Earnings Chart

Acro Biomedical Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -246.32 -296.34 -232.62 -293.50 -174.62

Acro Biomedical Co Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -259.11 -293.50 -164.72 -174.62 -200.98

Acro Biomedical 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.


Acro Biomedical Co  (ROCO:6748) 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.


Acro Biomedical Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3rd Floor, No. 57, Luke 2nd Road, Luzhu District, Kaohsiung, TWN
Acro Biomedical Co Ltd is a company whose technical team integrates the Research and development capabilities of Taiwan's major scientific research units and medical centers to jointly develop equipment for repairing organs and tissues in various parts of the human body. It mainly focuses on orthopedics, dentistry, cardiovascular specialists, ophthalmology, surgery, wound care, Medical equipment used in sports injuries and other specialties.

Acro Biomedical Co Headlines

No Headlines