Jedinstvo Sevojno a.d (XBEL:JESV) Retained Earnings: RSD2,265 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBEL:JESV Jedinstvo Sevojno a.d XBEL:JESV
90 GF Score
Price RSD8,700.00
GF Value RSD9,056.53
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Jedinstvo Sevojno a.d Retained Earnings?

Jedinstvo Sevojno a.d XBEL:JESV -3.33% 90 Retained Earnings is RSD2,265 Mil as of Dec. 2025. GuruFocus rates XBEL:JESV with a GF Score™ of 90/100 and a GF Value™ of RSD9,056.53 (Fairly Valued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jedinstvo Sevojno a.d's retained earnings for the quarter that ended in Dec. 2025 was RSD2,265 Mil.

Jedinstvo Sevojno a.d's quarterly retained earnings declined from Dec. 2024 (RSD2,188 Mil) to Jun. 2025 (RSD2,156 Mil) but then increased from Jun. 2025 (RSD2,156 Mil) to Dec. 2025 (RSD2,265 Mil).

Jedinstvo Sevojno a.d's annual retained earnings declined from Dec. 2023 (RSD2,466 Mil) to Dec. 2024 (RSD2,188 Mil) but then increased from Dec. 2024 (RSD2,188 Mil) to Dec. 2025 (RSD2,265 Mil).


Jedinstvo Sevojno a.d  (XBEL:JESV) 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.


Jedinstvo Sevojno a.d Retained Earnings Historical Data

* Premium members only.

The historical data trend for Jedinstvo Sevojno a.d'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.

Jedinstvo Sevojno a.d Retained Earnings Chart

Jedinstvo Sevojno a.d Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,294.68 2,216.96 2,465.82 2,188.37 2,264.95

Jedinstvo Sevojno a.d Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2,465.82 2,235.86 2,188.37 2,155.71 2,264.95
XBEL:JESV
90GF Score
Jedinstvo Sevojno a.d XBEL:JESV
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jedinstvo Sevojno a.d 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 RSD2,265 Mil mean?
Jedinstvo Sevojno a.d (XBEL:JESV) has a Retained Earnings of RSD2,265 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Jedinstvo Sevojno a.d and its competitors.
Is Jedinstvo Sevojno a.d's Retained Earnings too high?
Jedinstvo Sevojno a.d's current Retained Earnings is RSD2,265 Mil. Overall, Jedinstvo Sevojno a.d has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jedinstvo Sevojno a.d's Retained Earnings compare to MMM and HON?
Jedinstvo Sevojno a.d's Retained Earnings of RSD2,265 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Retained Earnings depends on the Conglomerates 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 Jedinstvo Sevojno a.d and its competitors. Jedinstvo Sevojno a.d's current Retained Earnings is RSD2,265 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jedinstvo Sevojno a.d stock overvalued right now?
Based on GuruFocus' analysis, Jedinstvo Sevojno a.d (XBEL:JESV) is currently considered Fairly Valued. The stock's GF Value™ is RSD9,056.53, compared to a current price of RSD8,700.00 — trading 3.9% below its estimated fair value. The current Retained Earnings is RSD2,265 Mil. Jedinstvo Sevojno a.d's overall GF Score™ is 90/100 with 6 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 Jedinstvo Sevojno a.d (XBEL:JESV), the current Retained Earnings is RSD2,265 Mil as of Dec. 2025. 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 Jedinstvo Sevojno a.d (XBEL:JESV) Overvalued in 2026?

Based on GuruFocus' analysis, Jedinstvo Sevojno a.d stock appears to be undervalued. The current stock price of RSD8,700.00 is trading 3.9% below its estimated GF Value™ of RSD9,056.53. GuruFocus considers Jedinstvo Sevojno a.d to be Fairly Valued.

Key valuation signals for XBEL:JESV:

  • Retained Earnings: RSD2,265 Mil
  • GF Value™: RSD9,056.53 vs. price of RSD8,700.00 (3.9% below fair value)
  • GF Score™: 90/100 with 6 warning signs

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


Jedinstvo Sevojno a.d Business Description

Address Prvomajska 61 A, Sevojno, SRB, 31205
Jedinstvo Sevojno a.d is engaged in the design and execution of hydro, thermal, and gas installations. The company is active in all areas of hydropower and water management, district heating, gasification, municipal and industrial hydropower, water supply to industry and settlements, water protection from pollution, production of process equipment for district heating, air conditioning, ventilation, purification of drinking water and industrial wastewater, as well as equipment for the road industry.
90GF Score

Get the complete analysis for XBEL:JESV

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

RSD8,700.00
Price
RSD9,056.53
GF Value