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Sai Gon Cargo Service (STC:SCS) Retained Earnings : ₫540,311 Mil (As of Mar. 2025)


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What is Sai Gon Cargo Service Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sai Gon Cargo Service's retained earnings for the quarter that ended in Mar. 2025 was ₫540,311 Mil.

Sai Gon Cargo Service's quarterly retained earnings declined from Sep. 2024 (₫503,977 Mil) to Dec. 2024 (₫370,387 Mil) but then increased from Dec. 2024 (₫370,387 Mil) to Mar. 2025 (₫540,311 Mil).

Sai Gon Cargo Service's annual retained earnings declined from Dec. 2022 (₫422,964 Mil) to Dec. 2023 (₫315,094 Mil) but then increased from Dec. 2023 (₫315,094 Mil) to Dec. 2024 (₫370,387 Mil).


Sai Gon Cargo Service Retained Earnings Historical Data

The historical data trend for Sai Gon Cargo Service'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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Sai Gon Cargo Service Retained Earnings Chart

Sai Gon Cargo Service Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 384,238.58 617,828.60 422,964.28 315,093.78 370,386.91

Sai Gon Cargo Service Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 462,378.74 318,205.55 503,976.93 370,386.91 540,311.10

Sai Gon Cargo Service 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.


Sai Gon Cargo Service  (STC:SCS) 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.


Sai Gon Cargo Service Business Description

Traded in Other Exchanges
N/A
Address
30 Phan Thuc Duyen Street, Son Nhat International Airport, Ward 4, Tan Binh District, Ho Chi Minh City, VNM
Sai Gon Cargo Service Corp provides cargo handling services at the airport. The company offers International Cargo Handling Services, Domestic Terminal Cargo Handling Services, Perishable Goods Services, and Office Space Lease Services.