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Rangdong Light Source & Vacuum Flask JSC (STC:RAL) Retained Earnings : ₫720,065 Mil (As of Mar. 2024)


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What is Rangdong Light Source & Vacuum Flask JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rangdong Light Source & Vacuum Flask JSC's retained earnings for the quarter that ended in Mar. 2024 was ₫720,065 Mil.

Rangdong Light Source & Vacuum Flask JSC's quarterly retained earnings increased from Sep. 2023 (₫330,882 Mil) to Dec. 2023 (₫525,403 Mil) and increased from Dec. 2023 (₫525,403 Mil) to Mar. 2024 (₫720,065 Mil).

Rangdong Light Source & Vacuum Flask JSC's annual retained earnings increased from Dec. 2021 (₫398,242 Mil) to Dec. 2022 (₫428,459 Mil) and increased from Dec. 2022 (₫428,459 Mil) to Dec. 2023 (₫525,403 Mil).


Rangdong Light Source & Vacuum Flask JSC Retained Earnings Historical Data

The historical data trend for Rangdong Light Source & Vacuum Flask 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.

Rangdong Light Source & Vacuum Flask JSC Retained Earnings Chart

Rangdong Light Source & Vacuum Flask JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 96,420.40 307,332.28 398,241.65 428,458.84 525,403.06

Rangdong Light Source & Vacuum Flask 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 610,945.02 292,863.77 330,882.06 525,403.06 720,064.94

Rangdong Light Source & Vacuum Flask 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.


Rangdong Light Source & Vacuum Flask JSC  (STC:RAL) 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.


Rangdong Light Source & Vacuum Flask JSC (STC:RAL) Business Description

Traded in Other Exchanges
N/A
Address
87-89, Ha Dinh, Thanh Xuan Trung Ward, Thanh Xuan District, Ha Noi, VNM
Rangdong Light Source & Vacuum Flask JSC is engaged in the manufacturing and trading of light products, electrical equipment, lighting tools, glass products and water thermos; service of science, technology and technology transfer; consulting and lighting design in civil and industrial; repairing and installing lighting equipment in civil and industrial and others.

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