Seed Co (XZIM:SEED.ZW) Retained Earnings : ZWL395,930 Mil (As of Sep. 2023)

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What is Seed Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Seed Co's retained earnings for the quarter that ended in Sep. 2023 was ZWL395,930 Mil.

Seed Co's quarterly retained earnings declined from Sep. 2022 (ZWL32,003 Mil) to Mar. 2023 (ZWL19,671 Mil) but then increased from Mar. 2023 (ZWL19,671 Mil) to Sep. 2023 (ZWL395,930 Mil).

Seed Co's annual retained earnings declined from Mar. 2021 (ZWL7,398 Mil) to Mar. 2022 (ZWL3,879 Mil) but then increased from Mar. 2022 (ZWL3,879 Mil) to Mar. 2023 (ZWL19,671 Mil).

Seed Co Retained Earnings Historical Data

The historical data trend for Seed Co'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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Seed Co Retained Earnings Chart

Seed Co Annual Data

Trend

Mar09

Mar11

Mar12

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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1,162.34

1,014.43

7,398.26

3,878.87

19,671.14

Seed Co Semi-Annual Data
	Mar09	Mar11	Sep11	Mar12	Sep12	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial										3,232.00	3,878.87	32,003.29	19,671.14	395,930.00

Seed Co 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.

Seed Co (XZIM:SEED.ZW) 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.

Seed Co (XZIM:SEED.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Seed Co Ltd (XZIM:SEED.ZW) » Definitions » Retained Earnings

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Address

Shamwari Road, Stapleford, Westgate, P.O. Box WGT 64, Harare, ZWE

Website

https://www.seedcogroup.com

Seed Co Ltd is engaged in the business of processing agricultural seeds. The company is involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties for crops such as maize, wheat, soya beans, sugar beans, cowpeas, sorghum, groundnuts, and vegetables. It generates maximum revenue from the maize crop.

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