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Western Marine Shipyard (DHA:WMSHIPYARD) Retained Earnings : BDT919.2 Mil (As of Jun. 2023)


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What is Western Marine Shipyard Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Western Marine Shipyard's retained earnings for the quarter that ended in Jun. 2023 was BDT919.2 Mil.

Western Marine Shipyard's quarterly retained earnings declined from Jun. 2021 (BDT1,983.4 Mil) to Jun. 2022 (BDT1,436.9 Mil) and declined from Jun. 2022 (BDT1,436.9 Mil) to Jun. 2023 (BDT919.2 Mil).

Western Marine Shipyard's annual retained earnings declined from Jun. 2021 (BDT1,983.4 Mil) to Jun. 2022 (BDT1,436.9 Mil) and declined from Jun. 2022 (BDT1,436.9 Mil) to Jun. 2023 (BDT919.2 Mil).


Western Marine Shipyard Retained Earnings Historical Data

The historical data trend for Western Marine Shipyard'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.

Western Marine Shipyard Retained Earnings Chart

Western Marine Shipyard Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 2,512.02 1,999.60 1,983.36 1,436.88 919.17

Western Marine Shipyard Semi-Annual Data
Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings Get a 7-Day Free Trial Premium Member Only 2,512.02 1,999.60 1,983.36 1,436.88 919.17

Western Marine Shipyard 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.


Western Marine Shipyard  (DHA:WMSHIPYARD) 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.


Western Marine Shipyard (DHA:WMSHIPYARD) Business Description

Traded in Other Exchanges
N/A
Address
1440/A Strand Road, Amin Future Park, 7th Floor, Chittagong, BGD, 4100
Western Marine Shipyard Ltd operates its business in the maritime industry. The company specializes in ship repairing and export of marine supplies. Its other business activities are to establish, build, construct shipyard, dockyard, slipway and to undertake ownership/management of shipyard and dockyard. The company builds different types of ships such as bulk carrier, container, tanker, passenger, petrol vassal, and fishing trawler.

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