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iSTART-TEK (ROCO:6786) Retained Earnings : NT$-47.14 Mil (As of Jun. 2024)


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What is iSTART-TEK Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. iSTART-TEK's retained earnings for the quarter that ended in Jun. 2024 was NT$-47.14 Mil.

iSTART-TEK's quarterly retained earnings declined from Jun. 2023 (NT$-23.76 Mil) to Dec. 2023 (NT$-70.59 Mil) but then increased from Dec. 2023 (NT$-70.59 Mil) to Jun. 2024 (NT$-47.14 Mil).

iSTART-TEK's annual retained earnings declined from Dec. 2021 (NT$-41.12 Mil) to Dec. 2022 (NT$-47.28 Mil) and declined from Dec. 2022 (NT$-47.28 Mil) to Dec. 2023 (NT$-70.59 Mil).


iSTART-TEK Retained Earnings Historical Data

The historical data trend for iSTART-TEK'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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iSTART-TEK Retained Earnings Chart

iSTART-TEK Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -114.69 -65.47 -41.12 -47.28 -70.59

iSTART-TEK Semi-Annual Data
Dec17 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 Premium Member Only -24.09 -47.28 -23.76 -70.59 -47.14

iSTART-TEK 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.


iSTART-TEK  (ROCO:6786) 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.


iSTART-TEK Business Description

Traded in Other Exchanges
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Address
No. 6, Taiyuan 1st Street, 5th Floor and 7th Floor, Hsinchu County, Zhubei, TWN, 30288
iSTART-TEK Inc provides testing and repairing technical of memory. The company offers configurable memory testing circuits and software and hardware technology development, licensing service and repairing solutions based on own memory testing and repairing patents. The product portfolio include EZ-BIST and Start V2 and Customized IP.

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