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Yi Chun Green Technology Co (ROCO:6912) Retained Earnings : NT$-52.54 Mil (As of Jun. 2024)


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What is Yi Chun Green Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Yi Chun Green Technology Co's retained earnings for the quarter that ended in Jun. 2024 was NT$-52.54 Mil.

Yi Chun Green Technology Co's quarterly retained earnings declined from Jun. 2023 (NT$-59.69 Mil) to Dec. 2023 (NT$-109.44 Mil) but then increased from Dec. 2023 (NT$-109.44 Mil) to Jun. 2024 (NT$-52.54 Mil).

Yi Chun Green Technology Co's annual retained earnings declined from Dec. 2021 (NT$-43.59 Mil) to Dec. 2022 (NT$-98.79 Mil) and declined from Dec. 2022 (NT$-98.79 Mil) to Dec. 2023 (NT$-109.44 Mil).


Yi Chun Green Technology Co Retained Earnings Historical Data

The historical data trend for Yi Chun Green Technology 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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Yi Chun Green Technology Co Retained Earnings Chart

Yi Chun Green Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
-3.77 -17.36 -43.59 -98.79 -109.44

Yi Chun Green Technology Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial -61.14 -98.79 -59.69 -109.44 -52.54

Yi Chun Green Technology 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.


Yi Chun Green Technology Co  (ROCO:6912) 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.


Yi Chun Green Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 761, Sec. 2, Youguan Road, Luzhu District, Taoyuan, TWN, 338002
Yi Chun Green Technology Co is a Company which is engaged in the business of recycling and reusing used diapers including related absorbent sanitary materials and factory-made defective diapers and their related scraps. The treatment methods for defective waste diapers are mostly incineration. The diapers contain plastics that cannot be decomposed and highly absorbent molecules. The company's main source of income is diaper recycling and the sale of recycled raw materials. After processing with patented technology, it is reduced to three main recycled materials.

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