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CGE Transmision (XSGO:CGET) Retained Earnings : CLP68,216 Mil (As of Dec. 2023)


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What is CGE Transmision Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CGE Transmision's retained earnings for the quarter that ended in Dec. 2023 was CLP68,216 Mil.

CGE Transmision's quarterly retained earnings increased from Jun. 2023 (CLP64,533 Mil) to Sep. 2023 (CLP67,116 Mil) and increased from Sep. 2023 (CLP67,116 Mil) to Dec. 2023 (CLP68,216 Mil).

CGE Transmision's annual retained earnings increased from Dec. 2021 (CLP8,596 Mil) to Dec. 2022 (CLP37,650 Mil) and increased from Dec. 2022 (CLP37,650 Mil) to Dec. 2023 (CLP68,216 Mil).


CGE Transmision Retained Earnings Historical Data

The historical data trend for CGE Transmision'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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CGE Transmision Retained Earnings Chart

CGE Transmision Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
8,596.10 37,650.16 68,216.40

CGE Transmision Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only 37,650.16 51,899.89 64,532.79 67,116.38 68,216.40

CGE Transmision 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.


CGE Transmision  (XSGO:CGET) 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.


CGE Transmision (XSGO:CGET) Business Description

Traded in Other Exchanges
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Address
Av. Presidente Riesco 5561, 17th floor, Las Condes, Santiago, CHL
CGE Transmision SA engages in electricity transmission. It operates in the electric power transmission sector, mainly in the zonal transmission and dedicated transmission segments. The transmission system is divided into five large segments: National Transmission; Zonal Transmission; Dedicated Transmission; Transmission for development poles; and International Interconnection System.

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