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CII Bridges and Roads Investment JSC (STC:LGC) Retained Earnings : ₫1,801,968 Mil (As of Sep. 2024)


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What is CII Bridges and Roads Investment JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CII Bridges and Roads Investment JSC's retained earnings for the quarter that ended in Sep. 2024 was ₫1,801,968 Mil.

CII Bridges and Roads Investment JSC's quarterly retained earnings increased from Mar. 2024 (₫1,590,171 Mil) to Jun. 2024 (₫1,725,268 Mil) and increased from Jun. 2024 (₫1,725,268 Mil) to Sep. 2024 (₫1,801,968 Mil).

CII Bridges and Roads Investment JSC's annual retained earnings increased from Dec. 2021 (₫1,272,973 Mil) to Dec. 2022 (₫1,471,640 Mil) but then declined from Dec. 2022 (₫1,471,640 Mil) to Dec. 2023 (₫1,464,945 Mil).


CII Bridges and Roads Investment JSC Retained Earnings Historical Data

The historical data trend for CII Bridges and Roads Investment 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.

CII Bridges and Roads Investment JSC Retained Earnings Chart

CII Bridges and Roads Investment JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 978,493.41 1,066,459.07 1,272,973.20 1,471,639.57 1,464,945.18

CII Bridges and Roads Investment JSC 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 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 1,364,627.55 1,464,945.18 1,590,170.65 1,725,267.59 1,801,967.72

CII Bridges and Roads Investment 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.


CII Bridges and Roads Investment JSC  (STC:LGC) 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.


CII Bridges and Roads Investment JSC Business Description

Traded in Other Exchanges
N/A
Address
477-479 An Duong Vuong, Ward 11, District 6, Ho Chi Minh City, VNM
CII Bridges and Roads Investment JSC operates in the Highway and street construction sector. It engages in the construction of railway and road projects, and civil engineering work. The company is managing projects related to roads and bridge development.

CII Bridges and Roads Investment JSC Headlines

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