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KITA KOUDENSHA (SSE:1734) Retained Earnings : 円-3,367 Mil (As of Dec. 2023)


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What is KITA KOUDENSHA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. KITA KOUDENSHA's retained earnings for the quarter that ended in Dec. 2023 was 円-3,367 Mil.

KITA KOUDENSHA's quarterly retained earnings increased from Jun. 2023 (円-4,177 Mil) to Sep. 2023 (円-3,925 Mil) and increased from Sep. 2023 (円-3,925 Mil) to Dec. 2023 (円-3,367 Mil).

KITA KOUDENSHA's annual retained earnings declined from Mar. 2021 (円-804 Mil) to Mar. 2022 (円-3,683 Mil) and declined from Mar. 2022 (円-3,683 Mil) to Mar. 2023 (円-6,564 Mil).


KITA KOUDENSHA Retained Earnings Historical Data

The historical data trend for KITA KOUDENSHA'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.

KITA KOUDENSHA Retained Earnings Chart

KITA KOUDENSHA Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,290.18 2,541.43 -804.34 -3,683.14 -6,564.04

KITA KOUDENSHA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,972.53 -6,564.04 -4,176.89 -3,924.97 -3,367.15

KITA KOUDENSHA 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.


KITA KOUDENSHA  (SSE:1734) 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.


KITA KOUDENSHA (SSE:1734) Business Description

Traded in Other Exchanges
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Address
23-2-10 Nishi Kita-Juichijo, Chuo-ku Sapporo, Hokkaido, JPN, 060-0011
KITA KOUDENSHA Corp is engaged in the indoor wiring and power-related construction operations. The company undertakes projects for the construction of transmission lines, underground transmission lines, communication lines. It has an indoor wiring construction project, power related construction project and industrial equipment business which include sales of power facility equipment, low voltage generator cars, electric wires, and piping materials, information communication systems.

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