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Hi-Lex (TSE:7279) Retained Earnings : 円117,467 Mil (As of Oct. 2024)


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What is Hi-Lex Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hi-Lex's retained earnings for the quarter that ended in Oct. 2024 was 円117,467 Mil.

Hi-Lex's quarterly retained earnings increased from Apr. 2024 (円117,469 Mil) to Jul. 2024 (円119,431 Mil) but then declined from Jul. 2024 (円119,431 Mil) to Oct. 2024 (円117,467 Mil).

Hi-Lex's annual retained earnings declined from Oct. 2022 (円122,605 Mil) to Oct. 2023 (円118,337 Mil) and declined from Oct. 2023 (円118,337 Mil) to Oct. 2024 (円117,467 Mil).


Hi-Lex Retained Earnings Historical Data

The historical data trend for Hi-Lex'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.

Hi-Lex Retained Earnings Chart

Hi-Lex Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127,635.00 131,001.00 122,605.00 118,337.00 117,467.00

Hi-Lex Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 118,109.00 117,469.00 119,431.00 117,467.00 117,569.00

Hi-Lex 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.


Hi-Lex  (TSE:7279) 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.


Hi-Lex Business Description

Traded in Other Exchanges
N/A
Address
1-12-28 Sakae-cho, Sakaemachi, Hyogo, Takarazuka, JPN, 665-0845
Hi-Lex Corp is a Japanese company specialized in three segments: automobiles and industrial equipment, medical equipment, and a metal mold business. The automobiles equipment segment offers control cables, window regulators, sliding window systems, door modules, and others. The industrial equipment includes control boxes, steering systems, control cables for marine vessels, accelerator and assist cables for construction and industrial equipment, toilet seat elevators, and air conditioning grill raising and lowering systems for welfare and home.

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