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Fu-Wang Ceramic Industry (DHA:FUWANGCER) Retained Earnings : BDT191.8 Mil (As of Mar. 2024)


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What is Fu-Wang Ceramic Industry Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fu-Wang Ceramic Industry's retained earnings for the quarter that ended in Mar. 2024 was BDT191.8 Mil.

Fu-Wang Ceramic Industry's quarterly retained earnings increased from Sep. 2023 (BDT195.6 Mil) to Dec. 2023 (BDT202.5 Mil) but then declined from Dec. 2023 (BDT202.5 Mil) to Mar. 2024 (BDT191.8 Mil).

Fu-Wang Ceramic Industry's annual retained earnings increased from Jun. 2021 (BDT156.1 Mil) to Jun. 2022 (BDT167.1 Mil) and increased from Jun. 2022 (BDT167.1 Mil) to Jun. 2023 (BDT184.0 Mil).


Fu-Wang Ceramic Industry Retained Earnings Historical Data

The historical data trend for Fu-Wang Ceramic Industry'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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Fu-Wang Ceramic Industry Retained Earnings Chart

Fu-Wang Ceramic Industry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.78 128.83 156.12 167.06 183.98

Fu-Wang Ceramic Industry Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 182.70 183.98 195.62 202.52 191.75

Fu-Wang Ceramic Industry 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.


Fu-Wang Ceramic Industry  (DHA:FUWANGCER) 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.


Fu-Wang Ceramic Industry (DHA:FUWANGCER) Business Description

Traded in Other Exchanges
N/A
Address
Pearl Trade Centre (11th Floor), Cha 90/3, Progoti Shoroni, North Badda, Dhaka, BGD, 1212
Fu-Wang Ceramic Industry Ltd operates in the ceramic industry. The company is engaged in the manufacturing and marketing of ceramic and homogeneous floor and wall tiles. Its product offerings include ceramic floor tiles, stair tiles, border tiles, and decor tiles, etc. the company also provides super glossy floor, wall & stair tiles under the brand name Picasso Tiles.

Fu-Wang Ceramic Industry (DHA:FUWANGCER) Headlines

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