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Shin Nippon Air Technologies Co (TSE:1952) Retained Earnings : 円43,489 Mil (As of Sep. 2024)


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What is Shin Nippon Air Technologies Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shin Nippon Air Technologies Co's retained earnings for the quarter that ended in Sep. 2024 was 円43,489 Mil.

Shin Nippon Air Technologies Co's quarterly retained earnings increased from Dec. 2023 (円40,117 Mil) to Mar. 2024 (円43,212 Mil) and increased from Mar. 2024 (円43,212 Mil) to Sep. 2024 (円43,489 Mil).

Shin Nippon Air Technologies Co's annual retained earnings increased from Mar. 2022 (円34,282 Mil) to Mar. 2023 (円38,130 Mil) and increased from Mar. 2023 (円38,130 Mil) to Mar. 2024 (円43,212 Mil).


Shin Nippon Air Technologies Co Retained Earnings Historical Data

The historical data trend for Shin Nippon Air Technologies 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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Shin Nippon Air Technologies Co Retained Earnings Chart

Shin Nippon Air Technologies Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,496.00 30,508.00 34,282.00 38,130.00 43,212.00

Shin Nippon Air Technologies Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 37,218.00 37,858.00 40,117.00 43,212.00 43,489.00

Shin Nippon Air Technologies 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.


Shin Nippon Air Technologies Co  (TSE:1952) 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.


Shin Nippon Air Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
2-31-1 Nihonbashi Hamacho, Hamacho Center Building, Chuo-ku, Tokyo, JPN, 103-0007
Shin Nippon Air Technologies Co Ltd engages in the design, installation, management, and contract work for air conditioning systems, ventilation, environmental protection, temperature and humidity adjustment, dust removal, disinfection, water supply and drainage, sanitation equipment, and electrical equipment.

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