LabTurbo Biotech (ROCO:7725) Retained Earnings : NT$711.24 Mil (As of Jun. 2024)

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What is LabTurbo Biotech Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LabTurbo Biotech's retained earnings for the quarter that ended in Jun. 2024 was NT$711.24 Mil.

LabTurbo Biotech's quarterly retained earnings declined from Jun. 2023 (NT$674.23 Mil) to Dec. 2023 (NT$640.38 Mil) but then increased from Dec. 2023 (NT$640.38 Mil) to Jun. 2024 (NT$711.24 Mil).

LabTurbo Biotech's annual retained earnings increased from Dec. 2021 (NT$477.64 Mil) to Dec. 2022 (NT$929.59 Mil) but then declined from Dec. 2022 (NT$929.59 Mil) to Dec. 2023 (NT$640.38 Mil).

LabTurbo Biotech Retained Earnings Historical Data

The historical data trend for LabTurbo Biotech'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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LabTurbo Biotech Retained Earnings Chart

LabTurbo Biotech Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

477.64

929.59

640.38

LabTurbo Biotech Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial			-	929.59	674.23	640.38	711.24

LabTurbo Biotech 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.

LabTurbo Biotech (ROCO:7725) 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.

LabTurbo Biotech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » LabTurbo Biotech Corp (ROCO:7725) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

3F-1, No. 150, Section 4, Chengde Road, Shilin District, Taipei, TWN

Website

https://www.labturbo.com.tw

LabTurbo Biotech Corp is a company that is mainly engaged in the research and development, production, sales of nucleic acid extraction, genetic testing, genetic testing reagents, instruments, and the operation of sports science venues. Its main products and services include the entire process. Automated precision medical genetic testing systems and reagent kits as well as testing services.

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