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Tatwah Smartech Co (SZSE:002512) Retained Earnings : ¥-2,037 Mil (As of Mar. 2024)


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What is Tatwah Smartech Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tatwah Smartech Co's retained earnings for the quarter that ended in Mar. 2024 was ¥-2,037 Mil.

Tatwah Smartech Co's quarterly retained earnings declined from Sep. 2023 (¥-1,727 Mil) to Dec. 2023 (¥-2,038 Mil) but then increased from Dec. 2023 (¥-2,038 Mil) to Mar. 2024 (¥-2,037 Mil).

Tatwah Smartech Co's annual retained earnings declined from Dec. 2021 (¥-1,415 Mil) to Dec. 2022 (¥-1,742 Mil) and declined from Dec. 2022 (¥-1,742 Mil) to Dec. 2023 (¥-2,038 Mil).


Tatwah Smartech Co Retained Earnings Historical Data

The historical data trend for Tatwah Smartech Co'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.

Tatwah Smartech Co Retained Earnings Chart

Tatwah Smartech Co 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 -919.04 -898.93 -1,414.94 -1,742.21 -2,038.41

Tatwah Smartech Co 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 -1,737.42 -1,731.77 -1,726.61 -2,038.41 -2,036.88

Tatwah Smartech Co 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.


Tatwah Smartech Co  (SZSE:002512) 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.


Tatwah Smartech Co (SZSE:002512) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Shuiyi South Road, Taifeng Industrial park, Xiaolan Town, Zhongshan City, Guangdong Province, CHN
Tatwah Smartech Co Ltd operates in the semiconductor industry. The company is mainly engaged in the design, development, production, distribution of radio-frequency identification (RFID) system. Its product portfolio comprises RFID cards, clamshell and combi cards, leather key fobs, phone attachments, RFID wristband, NFC and metal mount tags, public transport products, laundry and waste bin and other tags. Its products are primarily used in transportation, education, home, agricultural tracing, internet finance, manufacturing, asset management, warehouse, and logistics applications.
Executives
Han Yang Secretary, Director
Cai Xiao Ru Director
Chen Rong Sheng Directors, executives
Lou Ya Hua Executives
Wang Ying Zi Executives
He Cai Xia Supervisors
Wang Dan Zhou Independent director
Yuan Pei Chu Independent director
Huang Han Qiang Executives
Li Huan Fen Supervisors

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