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Cintac (XSGO:CINTAC) Retained Earnings : CLP43,448 Mil (As of Dec. 2024)


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What is Cintac Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cintac's retained earnings for the quarter that ended in Dec. 2024 was CLP43,448 Mil.

Cintac's quarterly retained earnings declined from Jun. 2024 (CLP55,123 Mil) to Sep. 2024 (CLP46,546 Mil) and declined from Sep. 2024 (CLP46,546 Mil) to Dec. 2024 (CLP43,448 Mil).

Cintac's annual retained earnings declined from Dec. 2022 (CLP106,776 Mil) to Dec. 2023 (CLP73,596 Mil) and declined from Dec. 2023 (CLP73,596 Mil) to Dec. 2024 (CLP43,448 Mil).


Cintac Retained Earnings Historical Data

The historical data trend for Cintac'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.

Cintac Retained Earnings Chart

Cintac Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105,150.90 141,522.04 106,776.25 73,595.90 43,447.91

Cintac Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 73,595.90 72,857.57 55,123.40 46,545.82 43,447.91

Cintac 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.


Cintac  (XSGO:CINTAC) 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.


Cintac Business Description

Traded in Other Exchanges
N/A
Address
Camino a Lonquen 11011, Maipu, Santiago, CHL
Cintac SA is engaged in the manufacturing and marketing of construction systems, and steel products. Along with its subsidiaries, it offers products and services like prefabricated bathrooms, installation of barriers, EPC services, tubular steel, profiles, pipes, tiles, sheets, insulating panels, and other steel products for the construction and infrastructure sectors. The company is organized into two business segments, which are identified by the geographic area where it operates and include: Chile which generates maximum revenue, and Peru.

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