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SigmaStar Technology (SZSE:301536) Retained Earnings : ¥1,013 Mil (As of Jun. 2024)


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What is SigmaStar Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SigmaStar Technology's retained earnings for the quarter that ended in Jun. 2024 was ¥1,013 Mil.

SigmaStar Technology's quarterly retained earnings increased from Jun. 2023 (¥859 Mil) to Dec. 2023 (¥925 Mil) and increased from Dec. 2023 (¥925 Mil) to Jun. 2024 (¥1,013 Mil).

SigmaStar Technology's annual retained earnings increased from Dec. 2021 (¥604 Mil) to Dec. 2022 (¥743 Mil) and increased from Dec. 2022 (¥743 Mil) to Dec. 2023 (¥925 Mil).


SigmaStar Technology Retained Earnings Historical Data

The historical data trend for SigmaStar Technology'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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SigmaStar Technology Retained Earnings Chart

SigmaStar Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
54.75 252.95 604.36 742.72 925.38

SigmaStar Technology Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial 557.98 742.72 859.18 925.38 1,012.88

SigmaStar Technology 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.


SigmaStar Technology  (SZSE:301536) 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.


SigmaStar Technology Business Description

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Address
Houzhan Road, Floor 16, No. 1, Tong'an District, Fujian Province, Xiamen, CHN, 361116
SigmaStar Technology Ltd is engaged in research & development and sales of video surveillance chips. Its products cover IP Cam, USB Cam, NVR, DVR, vehicle electronics, action cameras, smart home, robots, industry and other fields.

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