GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JOST Werke SE (XTER:JST) » Definitions » Retained Earnings

JOST Werke SE (XTER:JST) Retained Earnings : €28 Mil (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is JOST Werke SE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JOST Werke SE's retained earnings for the quarter that ended in Dec. 2023 was €28 Mil.

JOST Werke SE's quarterly retained earnings increased from Jun. 2023 (€-10 Mil) to Sep. 2023 (€4 Mil) and increased from Sep. 2023 (€4 Mil) to Dec. 2023 (€28 Mil).

JOST Werke SE's annual retained earnings increased from Dec. 2021 (€-107 Mil) to Dec. 2022 (€-34 Mil) and increased from Dec. 2022 (€-34 Mil) to Dec. 2023 (€28 Mil).


JOST Werke SE Retained Earnings Historical Data

The historical data trend for JOST Werke SE'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.

JOST Werke SE Retained Earnings Chart

JOST Werke SE 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 -186.89 -159.15 -107.28 -34.24 28.07

JOST Werke SE 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 -34.24 -10.25 -10.26 3.93 28.07

JOST Werke SE 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.


JOST Werke SE  (XTER:JST) 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.


JOST Werke SE (XTER:JST) Business Description

Traded in Other Exchanges
Address
Siemensstrase 2, Neu-Isenburg, HE, DEU, 63263
JOST Werke SE is a producer and supplier of safety-critical systems to the truck and trailer industry. The company's business segments are Asia, the Pacific and Africa, Europe, and North America. Its products are used in two business lines; Transport includes products and systems for trucks and trailers that provide the interface connecting the truck to the trailer, and it even sells wheel couplings, landing gears, king pins, and ball bearing turntables, and Agriculture includes products like agricultural front loaders for tractors, various implements for front loaders, and subframes, and it even sells towing hitches, drawbars, towing eyes and ladders under the brand name Rockinger.
Executives
Prof. Dr. Bernd Gottschalk Supervisory Board
Joachim Dürr Board of Directors
Dr. Ralf Eichler Board of Directors

JOST Werke SE (XTER:JST) Headlines

From GuruFocus

Time to Invest in China… A Little

By guruek Chris Mayer 01-11-2010

Jinpan International Review: What's going on?

By Margin of Safety Investing Margin of Safety Investing 11-22-2010