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Cim Financial Services (XMAU:CIM.N0000) Retained Earnings : MUR4,821 Mil (As of Jun. 2024)


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What is Cim Financial Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cim Financial Services's retained earnings for the quarter that ended in Jun. 2024 was MUR4,821 Mil.

Cim Financial Services's quarterly retained earnings increased from Dec. 2023 (MUR4,431 Mil) to Mar. 2024 (MUR4,676 Mil) and increased from Mar. 2024 (MUR4,676 Mil) to Jun. 2024 (MUR4,821 Mil).

Cim Financial Services's annual retained earnings increased from Sep. 2021 (MUR3,396 Mil) to Sep. 2022 (MUR3,787 Mil) and increased from Sep. 2022 (MUR3,787 Mil) to Sep. 2023 (MUR4,461 Mil).


Cim Financial Services Retained Earnings Historical Data

The historical data trend for Cim Financial Services'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.

Cim Financial Services Retained Earnings Chart

Cim Financial Services Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,983.70 3,053.70 3,396.20 3,786.60 4,460.70

Cim Financial Services Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4,210.90 4,460.70 4,431.40 4,675.50 4,821.20

Cim Financial Services 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.


Cim Financial Services  (XMAU:CIM.N0000) 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.


Cim Financial Services Business Description

Traded in Other Exchanges
N/A
Address
Cnr Edith Cavell & Mere Barthelemy Streets, P.O. Box 297, Cim House, Port Louis, MUS, 11324
Cim Financial Services Ltd offers financial services in Mauritius. It offers services such as Consumer Finance, Cards & Payments, Leasing and Factoring among others. The company's operating segment includes Finance and Investments. It generates maximum revenue from the Finance segment which includes activities such as consumer credit, leasing, card acquiring and issuing, factoring, and foreign exchange dealing.

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