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F.I.T Group JSC (STC:FIT) Retained Earnings : ₫235,138 Mil (As of Mar. 2024)


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What is F.I.T Group JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. F.I.T Group JSC's retained earnings for the quarter that ended in Mar. 2024 was ₫235,138 Mil.

F.I.T Group JSC's quarterly retained earnings increased from Sep. 2023 (₫135,609 Mil) to Dec. 2023 (₫176,726 Mil) and increased from Dec. 2023 (₫176,726 Mil) to Mar. 2024 (₫235,138 Mil).

F.I.T Group JSC's annual retained earnings declined from Dec. 2021 (₫493,709 Mil) to Dec. 2022 (₫293,405 Mil) and declined from Dec. 2022 (₫293,405 Mil) to Dec. 2023 (₫176,726 Mil).


F.I.T Group JSC Retained Earnings Historical Data

The historical data trend for F.I.T Group 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.

F.I.T Group JSC Retained Earnings Chart

F.I.T Group JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 275,944.52 319,736.72 493,708.53 293,405.35 176,726.31

F.I.T Group JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 339,897.06 418,330.42 135,609.15 176,726.31 235,138.24

F.I.T Group 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.


F.I.T Group JSC  (STC:FIT) 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.


F.I.T Group JSC (STC:FIT) Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Le Van Luong, 5th Floor, Times Tower, HACC1 Complex, Thanh Xuan District, Hanoi, VNM
F.I.T Group JSC is a Vietnam based company operating in the investment advisory field and financial services. It offers advisory services such as capital mobilization and consultant service for the project, person and business; and M&A advisory service. In addition, the group is also engaged in providing real estate services, which includes appraising service, real estate repo service, management real estate service, mobilizing capital for real estate service, financial advisory service for real estate project including, rent, sell and purchase activities, and direct investment into real estate project. Through its subsidiaries, the group is also involved in the businesses of pharmaceutical, agriculture, FMCG and others.