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Cia Electro Metalurgica (XSGO:ELECMETAL) Retained Earnings : CLP436,616 Mil (As of Dec. 2023)


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What is Cia Electro Metalurgica Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cia Electro Metalurgica's retained earnings for the quarter that ended in Dec. 2023 was CLP436,616 Mil.

Cia Electro Metalurgica's quarterly retained earnings increased from Jun. 2023 (CLP422,883 Mil) to Sep. 2023 (CLP429,454 Mil) and increased from Sep. 2023 (CLP429,454 Mil) to Dec. 2023 (CLP436,616 Mil).

Cia Electro Metalurgica's annual retained earnings increased from Dec. 2021 (CLP387,740 Mil) to Dec. 2022 (CLP408,367 Mil) and increased from Dec. 2022 (CLP408,367 Mil) to Dec. 2023 (CLP436,616 Mil).


Cia Electro Metalurgica Retained Earnings Historical Data

The historical data trend for Cia Electro Metalurgica'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.

Cia Electro Metalurgica Retained Earnings Chart

Cia Electro Metalurgica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 358,861.13 370,563.67 387,739.98 408,367.24 436,616.01

Cia Electro Metalurgica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 408,367.24 411,360.26 422,882.83 429,454.39 436,616.01

Cia Electro Metalurgica 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.


Cia Electro Metalurgica  (XSGO:ELECMETAL) 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.


Cia Electro Metalurgica (XSGO:ELECMETAL) Business Description

Traded in Other Exchanges
N/A
Address
Av. Andres Bello 2233, 11th and 12th floors, Providencia, Santiago, CHL
Cia Electro Metalurgica SA is the supplier of integrated wear solutions for mining, construction, and industry. The company has diversified its operations into the following segments, being Metallurgical, Glass Containers, Wines, Media, Electric Generation, and Investments. The metallurgical segment which generates maximum revenue for the company engages in the manufacturing and marketing of wear parts for crushing, grinding, and earthworks for mining and other industries. The Glass Containers segment is engaged in the manufacturing and marketing of glass containers for wine, beers, soft drinks, liquors, food, and laboratories. The Wine segment produces and markets wines and spirits. The Media segment includes written press and editorials.

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