Union Insurance (TPE:2816) Retained Earnings : NT$440 Mil (As of Jun. 2024)

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What is Union Insurance Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Union Insurance's retained earnings for the quarter that ended in Jun. 2024 was NT$440 Mil.

Union Insurance's quarterly retained earnings increased from Dec. 2023 (NT$-257 Mil) to Mar. 2024 (NT$148 Mil) and increased from Mar. 2024 (NT$148 Mil) to Jun. 2024 (NT$440 Mil).

Union Insurance's annual retained earnings declined from Dec. 2021 (NT$812 Mil) to Dec. 2022 (NT$-1,121 Mil) but then increased from Dec. 2022 (NT$-1,121 Mil) to Dec. 2023 (NT$-257 Mil).

Union Insurance Retained Earnings Historical Data

The historical data trend for Union Insurance'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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Union Insurance Retained Earnings Chart

Union Insurance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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549.29

599.18

811.95

-1,120.58

-256.61

Union Insurance Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															-354.69	-72.27	-256.61	147.98	440.43

Union Insurance 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.

Union Insurance (TPE:2816) 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.

Union Insurance Business Description

Industry

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Address

No. 219, Zhongxiao East Road, 12th Floor, Section 4, Daan District, Taipei, TWN, 10690

Website

https://www.wwunion.com

Union Insurance is a Taiwan-based company engaged in the insurance business engaged in the underwriting of fire, marine, automobile, engineering, liability, and accident insurance, reinsurance, and insurance businesses entrusted by other companies, performing a variety of investments and other businesses in accordance with the regulations. Its product portfolio includes Motor Insurance, Traveler Accident Insurance, Accident and Health Insurance, Fire Property Insurance, Casualty Insurance, Engineering Insurance, and Marine Insurance.

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