Asia Air Survey Co (TSE:9233) Retained Earnings: 円17,162 Mil (As of Mar. 2026)

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TSE:9233 Asia Air Survey Co Ltd TSE:9233
82 GF Score
Price 円1,155.00
GF Value 円1,173.08
Valuation Fairly Valued
! 3 Warning Signs
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What is Asia Air Survey Co Retained Earnings?

Asia Air Survey Co TSE:9233 -0.26% 82 Retained Earnings is 円17,162 Mil as of Mar. 2026. GuruFocus rates TSE:9233 with a GF Score™ of 82/100 and a GF Value™ of 円1,173.08 (Fairly Valued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Asia Air Survey Co's retained earnings for the quarter that ended in Mar. 2026 was 円17,162 Mil.

Asia Air Survey Co's quarterly retained earnings declined from Sep. 2025 (円15,610 Mil) to Dec. 2025 (円14,936 Mil) but then increased from Dec. 2025 (円14,936 Mil) to Mar. 2026 (円17,162 Mil).

Asia Air Survey Co's annual retained earnings increased from Sep. 2023 (円13,547 Mil) to Sep. 2024 (円14,756 Mil) and increased from Sep. 2024 (円14,756 Mil) to Sep. 2025 (円15,610 Mil).


Asia Air Survey Co  (TSE:9233) 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.


Asia Air Survey Co Retained Earnings Historical Data

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The historical data trend for Asia Air Survey 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.

Asia Air Survey Co Retained Earnings Chart

Asia Air Survey Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,932.23 12,206.55 13,547.03 14,756.18 15,610.27

Asia Air Survey Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 15,099.50 15,610.27 14,935.83 17,162.36 15,839.51
TSE:9233
82GF Score
Asia Air Survey Co Ltd TSE:9233
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Air Survey 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of 円17,162 Mil mean?
Asia Air Survey Co (TSE:9233) has a Retained Earnings of 円17,162 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Asia Air Survey Co and its competitors.
Is Asia Air Survey Co's Retained Earnings too high?
Asia Air Survey Co's current Retained Earnings is 円17,162 Mil. Overall, Asia Air Survey Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Air Survey Co's Retained Earnings compare to PWR and FIX?
Asia Air Survey Co's Retained Earnings of 円17,162 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Construction company?
A good Retained Earnings depends on the Construction industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Asia Air Survey Co and its competitors. Asia Air Survey Co's current Retained Earnings is 円17,162 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Air Survey Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Air Survey Co (TSE:9233) is currently considered Fairly Valued. The stock's GF Value™ is 円1,173.08, compared to a current price of 円1,155.00 — trading 1.5% below its estimated fair value. The current Retained Earnings is 円17,162 Mil. Asia Air Survey Co's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Asia Air Survey Co (TSE:9233), the current Retained Earnings is 円17,162 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asia Air Survey Co (TSE:9233) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Air Survey Co stock appears to be undervalued. The current stock price of 円1,155.00 is trading 1.5% below its estimated GF Value™ of 円1,173.08. GuruFocus considers Asia Air Survey Co to be Fairly Valued.

Key valuation signals for TSE:9233:

  • Retained Earnings: 円17,162 Mil
  • GF Value™: 円1,173.08 vs. price of 円1,155.00 (1.5% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the TSE:9233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Air Survey Co Business Description

Other Exchanges AASLF:USA
Address 6-14-1 Nishi Shinjuku, Shinjuku-ku, Green Tower Building, 15th Floor, Tokyo, JPN, 160-0023
Asia Air Survey Co Ltd is a construction consulting company specializing in aerial surveying. The company includes a group of technical specialists with high-precision, specialized technology in businesses and fields such as surveying, disaster prevention, the environment and spatial information.
82GF Score

Get the complete analysis for TSE:9233

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,155.00
Price
円1,173.08
GF Value