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Largan Precision Co (TPE:3008) Retained Earnings : NT$167,293 Mil (As of Sep. 2024)


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What is Largan Precision Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Largan Precision Co's retained earnings for the quarter that ended in Sep. 2024 was NT$167,293 Mil.

Largan Precision Co's quarterly retained earnings increased from Mar. 2024 (NT$161,510 Mil) to Jun. 2024 (NT$166,006 Mil) and increased from Jun. 2024 (NT$166,006 Mil) to Sep. 2024 (NT$167,293 Mil).

Largan Precision Co's annual retained earnings increased from Dec. 2021 (NT$118,222 Mil) to Dec. 2022 (NT$152,652 Mil) and increased from Dec. 2022 (NT$152,652 Mil) to Dec. 2023 (NT$160,871 Mil).


Largan Precision Co Retained Earnings Historical Data

The historical data trend for Largan Precision 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.

Largan Precision Co Retained Earnings Chart

Largan Precision 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 107,813.79 118,658.33 118,221.98 152,651.94 160,871.11

Largan Precision Co 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 155,912.93 160,871.11 161,510.02 166,005.90 167,293.20

Largan Precision 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.


Largan Precision Co  (TPE:3008) 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.


Largan Precision Co Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Jingke Road, Nantun District, Taichung, TWN, 40852
Largan Precision is the leader in optical lens technology and the world's largest handset lensmaker by value. The company boasts almost 30 years of experience in the production of optical lenses, namely, plastic aspherical lenses, which are widely used to manufacture smartphone cameras. It is a major supplier of high-end handset camera lenses to global smartphone brands such as Apple and Samsung. The firm also produces optical lenses for various applications such as for automobiles, digital cameras, and extended reality headsets. Largan was co-founded in 1987 by Scott Lin, whose sons Adam Lin and Lin En Zhou serve as the current CEO and chairman, respectively. Largan is headquartered and mainly operates in Taichung City, Taiwan, and employs 8,023 people as of April 2024.

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