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WT Microelectronics Co (TPE:3036) Retained Earnings : NT$20,551 Mil (As of Mar. 2024)


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What is WT Microelectronics Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. WT Microelectronics Co's retained earnings for the quarter that ended in Mar. 2024 was NT$20,551 Mil.

WT Microelectronics Co's quarterly retained earnings increased from Sep. 2023 (NT$13,206 Mil) to Dec. 2023 (NT$14,301 Mil) and increased from Dec. 2023 (NT$14,301 Mil) to Mar. 2024 (NT$20,551 Mil).

WT Microelectronics Co's annual retained earnings increased from Dec. 2021 (NT$14,531 Mil) to Dec. 2022 (NT$16,648 Mil) but then declined from Dec. 2022 (NT$16,648 Mil) to Dec. 2023 (NT$14,301 Mil).


WT Microelectronics Co Retained Earnings Historical Data

The historical data trend for WT Microelectronics 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.

WT Microelectronics Co Retained Earnings Chart

WT Microelectronics 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 6,659.98 8,070.79 14,531.01 16,647.54 14,300.63

WT Microelectronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17,370.19 11,920.35 13,205.77 14,300.63 20,551.09

WT Microelectronics 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.


WT Microelectronics Co  (TPE:3036) 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.


WT Microelectronics Co (TPE:3036) Business Description

Traded in Other Exchanges
Address
No. 738, Zhongzheng Road, 235th Floor, Zhonghe District, New Taipei, TWN, 235
WT Microelectronics Co Ltd develops and sells electronic and communication components. Supply chain management services are offered to vendors and customers primarily in China, but the company does contract business from other Asia Pacific countries. The majority of revenue is derived from clients in the communication, computing, and consumer markets. The company depends on a host of marketing and sales channels to help deliver value-add technical support, explore component application opportunities, and facilitate product development timelines. WT Microelectronics aims to co-define the product marketing strategy with upstream vendors and reduce the research and development pipeline for downstream clients.

WT Microelectronics Co (TPE:3036) Headlines

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