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Universal Solar Technology (Universal Solar Technology) Retained Earnings : $-0.58 Mil (As of Jun. 2020)


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What is Universal Solar Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Universal Solar Technology's retained earnings for the quarter that ended in Jun. 2020 was $-0.58 Mil.

Universal Solar Technology's quarterly retained earnings declined from Dec. 2019 ($-0.58 Mil) to Mar. 2020 ($-0.58 Mil) and declined from Mar. 2020 ($-0.58 Mil) to Jun. 2020 ($-0.58 Mil).

Universal Solar Technology's annual retained earnings declined from Dec. 2018 ($-0.53 Mil) to Dec. 2019 ($-0.58 Mil) and declined from Dec. 2019 ($-0.58 Mil) to Dec. 2020 ($-0.72 Mil).


Universal Solar Technology Retained Earnings Historical Data

The historical data trend for Universal Solar Technology'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.

Universal Solar Technology Retained Earnings Chart

Universal Solar Technology Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.89 -11.18 -0.53 -0.58 -0.72

Universal Solar Technology Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec18 Dec19 Mar20 Jun20 Dec20
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 -0.53 -0.58 -0.58 -0.58 -0.72

Universal Solar Technology 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.


Universal Solar Technology  (OTCPK:UNSS) 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.


Universal Solar Technology (Universal Solar Technology) Business Description

Traded in Other Exchanges
N/A
Address
350 North Sam Houston Parkway East, Suite 102, Houston, TX, USA, 77060
Universal Solar Technology Inc is currently pursuing opportunities in renewable energy, specifically solar and wind. The company also plans the installation of a closed loop waste to energy technology with a global consequential impact.