Sixxon Tech Co (TPE:4569) Retained Earnings : NT$345 Mil (As of Sep. 2024)

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What is Sixxon Tech Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sixxon Tech Co's retained earnings for the quarter that ended in Sep. 2024 was NT$345 Mil.

Sixxon Tech Co's quarterly retained earnings increased from Mar. 2024 (NT$224 Mil) to Jun. 2024 (NT$296 Mil) and increased from Jun. 2024 (NT$296 Mil) to Sep. 2024 (NT$345 Mil).

Sixxon Tech Co's annual retained earnings increased from Dec. 2021 (NT$319 Mil) to Dec. 2022 (NT$414 Mil) but then declined from Dec. 2022 (NT$414 Mil) to Dec. 2023 (NT$225 Mil).

Sixxon Tech Co Retained Earnings Historical Data

The historical data trend for Sixxon Tech 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.

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Sixxon Tech Co Retained Earnings Chart

Sixxon Tech Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

111.97

318.85

413.52

224.75

Sixxon Tech Co Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial								248.07	224.75	223.62	295.63	344.73

Sixxon Tech 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.

Sixxon Tech Co (TPE:4569) 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.

Sixxon Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sixxon Tech Co Ltd (TPE:4569) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

No. 189, Section 2, Keelung Road, 110-2, 4th Floor, Xinyi District, Taipei City, TWN

Website

https://www.sixxontech.com

Sixxon Tech Co Ltd is a product solutions company providing comprehensive design, manufacturing, supply chain, and product management services. Its main business is the design, manufacturing, processing, and sales of precision metal parts and components of automotive, industrial applications, electronics, and medical products. The company uses 3D design software as development aids for metal raw materials such as copper, aluminum, titanium alloys, steel, and stainless steel, and complex multi-axis machines to enable Various metal materials to be processed in a single machine; and through on-site monitoring software.

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