GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » World Known MFG (Cayman) Ltd (TPE:4581) » Definitions » Retained Earnings

World Known MFG (Cayman) (TPE:4581) Retained Earnings : NT$458 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is World Known MFG (Cayman) Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. World Known MFG (Cayman)'s retained earnings for the quarter that ended in Mar. 2024 was NT$458 Mil.

World Known MFG (Cayman)'s quarterly retained earnings increased from Sep. 2023 (NT$373 Mil) to Dec. 2023 (NT$417 Mil) and increased from Dec. 2023 (NT$417 Mil) to Mar. 2024 (NT$458 Mil).

World Known MFG (Cayman)'s annual retained earnings increased from Dec. 2021 (NT$236 Mil) to Dec. 2022 (NT$298 Mil) and increased from Dec. 2022 (NT$298 Mil) to Dec. 2023 (NT$417 Mil).


World Known MFG (Cayman) Retained Earnings Historical Data

The historical data trend for World Known MFG (Cayman)'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.

World Known MFG (Cayman) Retained Earnings Chart

World Known MFG (Cayman) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 255.98 222.84 235.82 298.17 416.73

World Known MFG (Cayman) 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 345.74 325.91 372.59 416.73 458.19

World Known MFG (Cayman) 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.


World Known MFG (Cayman)  (TPE:4581) 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.


World Known MFG (Cayman) (TPE:4581) Business Description

Traded in Other Exchanges
N/A
Address
Oleander Way, 802 West Bay Road, The Grand Pavilion Commercial Centre, P.O. Box 32052, Grand Cayman, CYM, KYI-1208
World Known MFG (Cayman) Ltd is engaged in the design, engineering, and manufacturing of the global automotive industry and industrial metal parts. The product portfolio includes Automotive brakes, brake disks, brake drums, etc. Its products have applications in Commercial vehicles, Green energy, Construction machinery, agriculture machinery, and other industrial machinery. The majority of the revenue is generated from the sale of Automotive parts. The company's geographical segments include America, Asia, and other countries.

World Known MFG (Cayman) (TPE:4581) Headlines

No Headlines