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Lung Teh Shipbuilding Co (TPE:6753) Retained Earnings : NT$1,384 Mil (As of Dec. 2024)


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What is Lung Teh Shipbuilding Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lung Teh Shipbuilding Co's retained earnings for the quarter that ended in Dec. 2024 was NT$1,384 Mil.

Lung Teh Shipbuilding Co's quarterly retained earnings increased from Jun. 2024 (NT$1,151 Mil) to Sep. 2024 (NT$1,244 Mil) and increased from Sep. 2024 (NT$1,244 Mil) to Dec. 2024 (NT$1,384 Mil).

Lung Teh Shipbuilding Co's annual retained earnings increased from Dec. 2022 (NT$463 Mil) to Dec. 2023 (NT$910 Mil) and increased from Dec. 2023 (NT$910 Mil) to Dec. 2024 (NT$1,384 Mil).


Lung Teh Shipbuilding Co Retained Earnings Historical Data

The historical data trend for Lung Teh Shipbuilding 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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Lung Teh Shipbuilding Co Retained Earnings Chart

Lung Teh Shipbuilding Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 244.68 403.84 463.23 909.76 1,384.25

Lung Teh Shipbuilding Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 909.76 1,164.59 1,150.60 1,243.56 1,384.25

Lung Teh Shipbuilding 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.


Lung Teh Shipbuilding Co  (TPE:6753) 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.


Lung Teh Shipbuilding Co Business Description

Traded in Other Exchanges
N/A
Address
Gangqian Road, 4th Floor, No.37, Lane 221, Neihu, TWN, 114
Lung Teh Shipbuilding Co Ltd is engaged in shipbuilding business in Taiwan. The company manufactures, maintains, and sells high performance fast speed boats. It has a two operating segments: Taipei Factory and Others. The Company operates in two geographical areas: Taiwan and Singapore. It generates maximum revenue from Taiwan.

Lung Teh Shipbuilding Co Headlines

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