Igiant Optics Co (ROCO:6915) Retained Earnings : NT$-27.4 Mil (As of Jun. 2024)

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What is Igiant Optics Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Igiant Optics Co's retained earnings for the quarter that ended in Jun. 2024 was NT$-27.4 Mil.

Igiant Optics Co's quarterly retained earnings declined from Jun. 2023 (NT$-27.9 Mil) to Dec. 2023 (NT$-49.7 Mil) but then increased from Dec. 2023 (NT$-49.7 Mil) to Jun. 2024 (NT$-27.4 Mil).

Igiant Optics Co's annual retained earnings increased from Dec. 2021 (NT$22.1 Mil) to Dec. 2022 (NT$68.9 Mil) but then declined from Dec. 2022 (NT$68.9 Mil) to Dec. 2023 (NT$-49.7 Mil).

Igiant Optics Co Retained Earnings Historical Data

The historical data trend for Igiant Optics 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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Igiant Optics Co Retained Earnings Chart

Igiant Optics Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-618.85

-168.84

22.13

68.90

-49.70

Igiant Optics Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial				36.53	68.90	-27.88	-49.70	-27.39

Igiant Optics 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.

Igiant Optics Co (ROCO:6915) 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.

Igiant Optics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Igiant Optics Co Ltd (ROCO:6915) » Definitions » Retained Earnings

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Address

No. 13-1, Zhonghua Road, Hukou Township, Hsinchu, TWN, 303

Website

https://www.igiantopt.com

Igiant Optics Co Ltd is an optical design and manufacturing company. It offers precision micro molding on parts, Dual shot molding & insert molding, Micro molding on composites, LDS (Laser Direct Structuring), LF, LSR (Liquid Silicone Rubber), and Optical solution. Its service offerings comprise optical design, tool fabrication, precision injection, automation to full-scale inspection.

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