eREX Co (TSE:9517) Retained Earnings : 円19,121 Mil (As of Dec. 2023)

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What is eREX Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. eREX Co's retained earnings for the quarter that ended in Dec. 2023 was 円19,121 Mil.

eREX Co's quarterly retained earnings declined from Jun. 2023 (円31,266 Mil) to Sep. 2023 (円23,846 Mil) and declined from Sep. 2023 (円23,846 Mil) to Dec. 2023 (円19,121 Mil).

eREX Co's annual retained earnings increased from Mar. 2022 (円28,487 Mil) to Mar. 2023 (円36,370 Mil) but then declined from Mar. 2023 (円36,370 Mil) to Mar. 2024 (円12,751 Mil).

eREX Co Retained Earnings Historical Data

The historical data trend for eREX 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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eREX Co Retained Earnings Chart

eREX Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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14,615.00

19,899.00

28,487.00

36,370.00

12,751.00

eREX Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															36,370.00	31,266.00	23,846.00	19,121.00	12,751.00

eREX 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.

eREX Co (TSE:9517) 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.

eREX Co (TSE:9517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » eREX Co Ltd (TSE:9517) » Definitions » Retained Earnings

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Traded in Other Exchanges

6HF:Germany

Address

2-2-1 Kyobashi, 14th Floor, Kyobashi Edglan, Chuo-ku, Tokyo, JPN, 104-0031

Website

http://www.erex.co.jp

eREX Co Ltd is a holding company that engages in the electrical power business. Its services include retail sales of power, power market transactions, and power development. In its electric power retail business, it involves in the retail of electric power at an inexpensive price than electric utilities. In its power supplies development business, it involves the planning, design, and construction of power-generating equipment.

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