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Cuong Wood - Working JSC (STC:ACG) Retained Earnings : ₫1,292,852 Mil (As of Mar. 2024)


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What is Cuong Wood - Working JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cuong Wood - Working JSC's retained earnings for the quarter that ended in Mar. 2024 was ₫1,292,852 Mil.

Cuong Wood - Working JSC's quarterly retained earnings increased from Sep. 2023 (₫1,154,976 Mil) to Dec. 2023 (₫1,211,433 Mil) and increased from Dec. 2023 (₫1,211,433 Mil) to Mar. 2024 (₫1,292,852 Mil).

Cuong Wood - Working JSC's annual retained earnings declined from Dec. 2021 (₫1,456,505 Mil) to Dec. 2022 (₫1,135,105 Mil) but then increased from Dec. 2022 (₫1,135,105 Mil) to Dec. 2023 (₫1,211,433 Mil).


Cuong Wood - Working JSC Retained Earnings Historical Data

The historical data trend for Cuong Wood - Working JSC'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.

Cuong Wood - Working JSC Retained Earnings Chart

Cuong Wood - Working JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
1,080,042.20 1,215,106.88 1,456,505.48 1,135,105.40 1,211,432.52

Cuong Wood - Working JSC Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,171,426.75 1,174,525.41 1,154,975.81 1,211,432.52 1,292,852.04

Cuong Wood - Working JSC 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.


Cuong Wood - Working JSC  (STC:ACG) 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.


Cuong Wood - Working JSC (STC:ACG) Business Description

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Address
DT 747B Street, Plot 681, map sheet 05, Phuoc Hai Ward, Thai Hoa Ward,, Binh Duong Province,, Tan Uyen Town, VNM
Cuong Wood - Working JSC manufacture woodworking and decorative materials. It engages in sawing, planing and preserving wood.; Manufacture of beds, cabinets, tables, and chairs; Processing of interior decoration products; Producing plywood, veneer, plywood, and other thin boards. Its products comprise MFC, Melamine MDF, laminates, acrylic, veneer, and other by-products.

Cuong Wood - Working JSC (STC:ACG) Headlines

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