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Silicon Motion Technology (Silicon Motion Technology) Retained Earnings : $0.0 Mil (As of Mar. 2024)


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What is Silicon Motion Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Silicon Motion Technology's retained earnings for the quarter that ended in Mar. 2024 was $0.0 Mil.

Silicon Motion Technology's quarterly retained earnings increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($411.2 Mil) but then declined from Dec. 2023 ($411.2 Mil) to Mar. 2024 ($0.0 Mil).

Silicon Motion Technology's annual retained earnings increased from Dec. 2021 ($412.1 Mil) to Dec. 2022 ($425.1 Mil) but then declined from Dec. 2022 ($425.1 Mil) to Dec. 2023 ($411.2 Mil).


Silicon Motion Technology Retained Earnings Historical Data

The historical data trend for Silicon Motion Technology'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.

Silicon Motion Technology Retained Earnings Chart

Silicon Motion Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 270.97 281.58 412.13 425.12 411.16

Silicon Motion Technology 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 - - - 411.16 -

Silicon Motion Technology 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.


Silicon Motion Technology  (NAS:SIMO) 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.


Silicon Motion Technology (Silicon Motion Technology) Business Description

Traded in Other Exchanges
Address
Nos 19-25 Jervois Street, Flat C, 19th Floor, Wing Cheong Commercial Building, Hong Kong Island, Hong Kong, HKG
Silicon Motion Technology Corp is active in the semiconductor industry and focuses on designing, developing, and marketing of controllers for managing NAND flash used in embedded storage applications, such as eMMC embedded memory. Its only operating segment is to develop NAND flash controllers and SSDs solutions. The company derives revenue from product categories such as Mobile Storage, Mobile Communications, and others. Silicon's geographical segments are Taiwan, the United States, Korea, China, Singapore, Malaysia, and others. The company products are used in Personal Computing, Smartphone/Tablet/CE, Flash Card/USB Flash Drive, Industrial and Embedded, Automotive, and Enterprise and Data centers.

Silicon Motion Technology (Silicon Motion Technology) Headlines

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