Hoa Sen Group (STC:HSG) Retained Earnings : ₫4,528,137 Mil (As of Sep. 2024)

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What is Hoa Sen Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hoa Sen Group's retained earnings for the quarter that ended in Sep. 2024 was ₫4,528,137 Mil.

Hoa Sen Group's quarterly retained earnings declined from Mar. 2024 (₫4,778,589 Mil) to Jun. 2024 (₫4,714,028 Mil) and declined from Jun. 2024 (₫4,714,028 Mil) to Sep. 2024 (₫4,528,137 Mil).

Hoa Sen Group's annual retained earnings declined from Sep. 2022 (₫4,542,184 Mil) to Sep. 2023 (₫4,369,041 Mil) but then increased from Sep. 2023 (₫4,369,041 Mil) to Sep. 2024 (₫4,528,137 Mil).

Hoa Sen Group Retained Earnings Historical Data

The historical data trend for Hoa Sen Group'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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Hoa Sen Group Retained Earnings Chart

Hoa Sen Group Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Retained Earnings

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1,954,018.05

5,633,071.19

4,542,183.64

4,369,041.22

4,528,136.87

Hoa Sen Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															4,369,041.22	4,472,393.47	4,778,589.37	4,714,027.63	4,528,136.87

Hoa Sen Group 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.

Hoa Sen Group (STC:HSG) 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.

Hoa Sen Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hoa Sen Group (STC:HSG) » Definitions » Retained Earnings

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Address

183 Nguyen Van Troi Street, Ward 10, Phu Nhuan District, Ho Chi Minh City, VNM

Website

http://www.hoasengroup.vn

Hoa Sen Group is a steel roofing sheet manufacturing company. It manufactures and distributes building material products in Vietnam. The company's product portfolio includes cold rolled coil, aluminum-zinc alloy coated steel sheets, galvanized steel sheets, pre-painted galvanized steel sheets, pre-painted aluminum-zinc alloy coated steel sheets, pre-painted GL and pre-painted GI with PVDF, and wood pattern steel sheets. In addition, it also produces steel purlins, galvanized purlins, manufactures black steel pipes, galvanized steel pipes and other alloys, steel mesh, galvanized steel wire, steel wire, PVC ceiling and manufacturing and trading of plastic building materials.

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