SCG Construction JSC (HSTC:SCG) Retained Earnings : ₫306,826 Mil (As of Mar. 2024)

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What is SCG Construction JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SCG Construction JSC's retained earnings for the quarter that ended in Mar. 2024 was ₫306,826 Mil.

SCG Construction JSC's quarterly retained earnings increased from Sep. 2023 (₫291,911 Mil) to Dec. 2023 (₫298,648 Mil) and increased from Dec. 2023 (₫298,648 Mil) to Mar. 2024 (₫306,826 Mil).

SCG Construction JSC's annual retained earnings increased from Dec. 2021 (₫245,012 Mil) to Dec. 2022 (₫278,293 Mil) and increased from Dec. 2022 (₫278,293 Mil) to Dec. 2023 (₫298,648 Mil).

SCG Construction JSC Retained Earnings Historical Data

The historical data trend for SCG Construction JSC'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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SCG Construction JSC Retained Earnings Chart

SCG Construction JSC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

95,552.43

245,011.77

278,292.64

298,647.90

SCG Construction JSC Quarterly Data
	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												272,588.69	278,870.73	291,911.29	298,647.90	306,826.12

SCG Construction JSC 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.

SCG Construction JSC (HSTC:SCG) 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.

SCG Construction JSC (HSTC:SCG) Business Description

Industry

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Address

No.16 Pham Hung Street, 8th Floor, Sunshine Center Building, My Dinh 2 Ward, Nam Tu Liem District, Hanoi, VNM

Website

https://www.scgr.vn

SCG Construction JSC is a construction corporation in Vietnam. Its Diverse construction fields include high-rise buildings, urban areas, industry, infrastructure, seaports, airports, public works.