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Chang Wah Electronmaterials (TPE:8070) Retained Earnings : NT$3,045 Mil (As of Jun. 2024)


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What is Chang Wah Electronmaterials Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Chang Wah Electronmaterials's retained earnings for the quarter that ended in Jun. 2024 was NT$3,045 Mil.

Chang Wah Electronmaterials's quarterly retained earnings declined from Dec. 2023 (NT$3,179 Mil) to Mar. 2024 (NT$2,419 Mil) but then increased from Mar. 2024 (NT$2,419 Mil) to Jun. 2024 (NT$3,045 Mil).

Chang Wah Electronmaterials's annual retained earnings increased from Dec. 2021 (NT$2,827 Mil) to Dec. 2022 (NT$3,368 Mil) but then declined from Dec. 2022 (NT$3,368 Mil) to Dec. 2023 (NT$3,179 Mil).


Chang Wah Electronmaterials Retained Earnings Historical Data

The historical data trend for Chang Wah Electronmaterials'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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Chang Wah Electronmaterials Retained Earnings Chart

Chang Wah Electronmaterials 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 1,790.61 1,870.29 2,826.93 3,368.14 3,178.92

Chang Wah Electronmaterials Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2,823.83 3,391.74 3,178.92 2,419.26 3,045.32

Chang Wah Electronmaterials 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.


Chang Wah Electronmaterials  (TPE:8070) 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.


Chang Wah Electronmaterials Business Description

Traded in Other Exchanges
N/A
Address
No. 16, East 7th Street, 6th Floor, Nanzi District, Kaohsiung, TWN, 811
Chang Wah Electronmaterials Inc. is a Taiwan-based company engaged in distributing materials and equipment for integrated circuit (IC) packaging. It offers products such as IC packaging materials and devices including sealant resins, conductive adhesives, non-conductive adhesives, lead frames, auto molding equipment, as well as trim and form equipment, and TFT-LCD materials, including chip on film (COF) substrates, light guide plates and optical films, as well as LED lead frames and solar power systems. Its segment includes The Corporation; CWTC and its subsidiaries and others. Geographically, it derives a majority of its revenue from Asia.

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