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SIM Technology Group (TPE:912000) Retained Earnings : NT$-480 Mil (As of Dec. 2024)


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What is SIM Technology Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SIM Technology Group's retained earnings for the quarter that ended in Dec. 2024 was NT$-480 Mil.

SIM Technology Group's quarterly retained earnings declined from Dec. 2023 (NT$225 Mil) to Jun. 2024 (NT$-421 Mil) and declined from Jun. 2024 (NT$-421 Mil) to Dec. 2024 (NT$-480 Mil).

SIM Technology Group's annual retained earnings increased from Dec. 2022 (NT$-1,140 Mil) to Dec. 2023 (NT$225 Mil) but then declined from Dec. 2023 (NT$225 Mil) to Dec. 2024 (NT$-480 Mil).


SIM Technology Group Retained Earnings Historical Data

The historical data trend for SIM Technology Group'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.

SIM Technology Group Retained Earnings Chart

SIM Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 829.20 -1,139.57 224.51 -479.96

SIM Technology Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 -1,139.57 - 224.51 -421.44 -479.96

SIM Technology Group 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.


SIM Technology Group  (TPE:912000) 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.


SIM Technology Group Business Description

Traded in Other Exchanges
Address
No. 633 Jinzhong Road, Building A, SIM Technology Building, Changning District, Shanghai, CHN, 200335
SIM Technology Group Ltd is a mobile communication and Internet of Things developer. It operates its business through segments that are Handsets and Internet of things terminals business (Handsets and IOT terminals business), Electronic manufacturing services business, Internet of things system and O2O business, and Property management. Handsets and the internet of Things terminals business segment generate the revenue. The group derives revenue from the PRC, Europe, the U.S, Hong Kong, and other Asian countries.

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