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Yang Ming Marine Transport (TPE:2609) Retained Earnings : NT$219,240 Mil (As of Sep. 2024)


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What is Yang Ming Marine Transport Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Yang Ming Marine Transport's retained earnings for the quarter that ended in Sep. 2024 was NT$219,240 Mil.

Yang Ming Marine Transport's quarterly retained earnings increased from Mar. 2024 (NT$185,390 Mil) to Jun. 2024 (NT$190,872 Mil) and increased from Jun. 2024 (NT$190,872 Mil) to Sep. 2024 (NT$219,240 Mil).

Yang Ming Marine Transport's annual retained earnings increased from Dec. 2021 (NT$167,410 Mil) to Dec. 2022 (NT$259,457 Mil) but then declined from Dec. 2022 (NT$259,457 Mil) to Dec. 2023 (NT$176,009 Mil).


Yang Ming Marine Transport Retained Earnings Historical Data

The historical data trend for Yang Ming Marine Transport'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.

Yang Ming Marine Transport Retained Earnings Chart

Yang Ming Marine Transport 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 -11,462.51 1,660.92 167,409.72 259,456.95 176,009.02

Yang Ming Marine Transport Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 177,331.96 176,009.02 185,389.96 190,872.34 219,240.18

Yang Ming Marine Transport 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.


Yang Ming Marine Transport  (TPE:2609) 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.


Yang Ming Marine Transport Business Description

Traded in Other Exchanges
N/A
Address
No. 271, Ming De 1st Road, Qidu District, Keelung, TWN, 206
Yang Ming Marine Transport Corp is a transportation and logistics company that is headquartered in Taiwan and operates in the container shipping industry. It generates revenue from contracts with customers for providing domestic and overseas marine container shipping and passenger services. The company also earns revenue from operating leases on ships, containers, and warehouses. It earns the portion of its sales from customers in America, followed by Europe and Asia.

Yang Ming Marine Transport Headlines

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