GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tu Liem Urban Development JSC (STC:NTL) » Definitions » Retained Earnings

Tu Liem Urban Development JSC (STC:NTL) Retained Earnings : ₫962,080 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tu Liem Urban Development JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tu Liem Urban Development JSC's retained earnings for the quarter that ended in Mar. 2024 was ₫962,080 Mil.

Tu Liem Urban Development JSC's quarterly retained earnings increased from Sep. 2023 (₫596,402 Mil) to Dec. 2023 (₫956,803 Mil) and increased from Dec. 2023 (₫956,803 Mil) to Mar. 2024 (₫962,080 Mil).

Tu Liem Urban Development JSC's annual retained earnings increased from Dec. 2021 (₫723,689 Mil) to Dec. 2022 (₫752,542 Mil) and increased from Dec. 2022 (₫752,542 Mil) to Dec. 2023 (₫956,803 Mil).


Tu Liem Urban Development JSC Retained Earnings Historical Data

The historical data trend for Tu Liem Urban Development 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.

Tu Liem Urban Development JSC Retained Earnings Chart

Tu Liem Urban Development 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 478,536.94 658,885.48 723,688.87 752,542.20 956,802.61

Tu Liem Urban Development 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 754,929.75 747,909.80 596,401.53 956,802.61 962,079.78

Tu Liem Urban Development 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.


Tu Liem Urban Development JSC  (STC:NTL) 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.


Tu Liem Urban Development JSC (STC:NTL) Business Description

Traded in Other Exchanges
N/A
Address
No.9B1, 2a Floor, Dich Vong urban area, Dich Vong Wrad, Cau Giay District, Hanoi, VNM
Tu Liem Urban Development JSC is a Vietnam based construction service provider. It is involved in investment, development, construction of residential, commercial and industrial properties which include industrial, transportation, entertainment facilities and others. In addition, the organization also offers construction investment consultancy like project management, investment planning, project construction design, project and equipment appraisal and others.

Tu Liem Urban Development JSC (STC:NTL) Headlines

No Headlines