Ostin Technology Group Co (Ostin Technology Group Co) Retained Earnings : $-8.47 Mil (As of Sep. 2023)

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What is Ostin Technology Group Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ostin Technology Group Co's retained earnings for the quarter that ended in Sep. 2023 was $-8.47 Mil.

Ostin Technology Group Co's quarterly retained earnings declined from Sep. 2022 ($2.48 Mil) to Mar. 2023 ($-2.51 Mil) and declined from Mar. 2023 ($-2.51 Mil) to Sep. 2023 ($-8.47 Mil).

Ostin Technology Group Co's annual retained earnings declined from Sep. 2021 ($2.75 Mil) to Sep. 2022 ($2.48 Mil) and declined from Sep. 2022 ($2.48 Mil) to Sep. 2023 ($-8.47 Mil).

Ostin Technology Group Co Retained Earnings Historical Data

The historical data trend for Ostin Technology Group 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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Ostin Technology Group Co Retained Earnings Chart

Ostin Technology Group Co Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

-2.51

0.02

2.75

2.48

-8.47

Ostin Technology Group Co Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial				2.75	3.64	2.48	-2.51	-8.47

Ostin Technology Group 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.

Ostin Technology Group Co (NAS:OST) 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.

Ostin Technology Group Co (Ostin Technology Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ostin Technology Group Co Ltd (NAS:OST) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

1 Kechuang Road, Building 2, 101/201, Qixia District, Nanjing, CHN, 210046

Website

http://www.austinelec.com

Ostin Technology Group Co Ltd is a supplier of display modules and polarizers in China. It designs, develops, and manufactures TFT-LCD modules in a wide range of sizes and customized sizes according to the specifications of its customers. Its display modules are mainly used in consumer electronics, commercial LCD displays, and automotive displays. The company also manufactures polarizers used in the TFT-LCD display modules and is in the process of developing polarizers for the OLED display panel.