Mayer Steel Pipe (TPE:2020) Retained Earnings : NT$983 Mil (As of Dec. 2024)

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What is Mayer Steel Pipe Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mayer Steel Pipe's retained earnings for the quarter that ended in Dec. 2024 was NT$983 Mil.

Mayer Steel Pipe's quarterly retained earnings increased from Jun. 2024 (NT$695 Mil) to Sep. 2024 (NT$887 Mil) and increased from Sep. 2024 (NT$887 Mil) to Dec. 2024 (NT$983 Mil).

Mayer Steel Pipe's annual retained earnings increased from Dec. 2022 (NT$273 Mil) to Dec. 2023 (NT$1,102 Mil) but then declined from Dec. 2023 (NT$1,102 Mil) to Dec. 2024 (NT$983 Mil).

Mayer Steel Pipe Retained Earnings Historical Data

The historical data trend for Mayer Steel Pipe'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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Mayer Steel Pipe Retained Earnings Chart

Mayer Steel Pipe Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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404.81

768.34

272.91

1,101.82

983.01

Mayer Steel Pipe Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															1,101.82	936.67	695.12	887.06	983.01

Mayer Steel Pipe 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.

Mayer Steel Pipe (TPE:2020) 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.

Mayer Steel Pipe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mayer Steel Pipe Corp (TPE:2020) » Definitions » Retained Earnings

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Address

No. 2-1, Section 3, Minquan East Road, 12th Floor, Zhongshan District, Taipei, TWN, 10477

Website

https://www.mayer.com.tw

Mayer Steel Pipe Corp is engaged in the steel industry. The main business of the company and its divisions are specialized in the manufacture and sale of black steel pipes, galvanized steel pipes, and stainless steel coils for pipes. The company has five reportable segments which include the Steel department, Real estate investment department, Investment department, Mineral trade department, and Hotel services department. The majority of the revenue comes from the Steel department which is engaged in the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.

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