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SPI Energy Co (SPI Energy Co) Retained Earnings : $-684.7 Mil (As of Sep. 2023)


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What is SPI Energy Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SPI Energy Co's retained earnings for the quarter that ended in Sep. 2023 was $-684.7 Mil.

SPI Energy Co's quarterly retained earnings declined from Mar. 2023 ($-680.2 Mil) to Jun. 2023 ($-682.7 Mil) and declined from Jun. 2023 ($-682.7 Mil) to Sep. 2023 ($-684.7 Mil).

SPI Energy Co's annual retained earnings declined from Dec. 2020 ($-591.9 Mil) to Dec. 2021 ($-637.4 Mil) and declined from Dec. 2021 ($-637.4 Mil) to Dec. 2022 ($-670.8 Mil).


SPI Energy Co Retained Earnings Historical Data

The historical data trend for SPI Energy 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.

* Premium members only.

SPI Energy Co Retained Earnings Chart

SPI Energy Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -570.13 -585.38 -591.90 -637.39 -670.81

SPI Energy Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -659.99 -670.81 -680.22 -682.69 -684.69

SPI Energy 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.


SPI Energy Co  (NAS:SPI) 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.


SPI Energy Co (SPI Energy Co) Business Description

Traded in Other Exchanges
Address
4803 Urbani Avenue, McClellan Park, Sacramento, CA, USA, 95652
SPI Energy Co Ltd offers photovoltaic solutions for business, residential, government, and utility customers and investors. The company provides a range of engineering, procurement, and construction services to third-party project developers. It is also engaged in the development, manufacture, and marketing of various PV modules. It procures PV modules and other equipment for project construction from independent suppliers and contract work to third-party EPC contractors in areas such as logistics, installation, construction, and supervision. The company's geographical segments are the United Kingdom, Australia, United States, Greece, Japan, and Italy, of which the majority of its revenue comes from Australia.
Executives
Dejun Ye officer: Chief Executive Officer ROOM 502, NO.16, LANE 28, EAST GUILIN ST, XUHUI DISTRICT, SHANGHAI F4 200235
Yunan Ren director C/O TIGER MEDIA, INC. ROOM 1705, 511 WEIHAI ROAD, JING AN DISTRICT, SHANGHAI F4 200041
Jing Liu officer: Chief Financial Officer RM 1708 YINGU PLZA NO.9 OF N 4TH, RING ROAD WEST HAIDIAN DISTRICT, BEIJING F4 100080
Gang Dong director 2512,COSCO TOWER, 183 QUEEN'S ROAD CENTRAL, SHEUNG WAN K3 852
Xiaofeng Pen director 7TH FLOOR, BUILDING B, 2145 LONG, JINSHAJIANG ROAD, PUTUO DISTRICT, SHANGHAI F4 200333
Hoong Khoeng Cheong officer: Chief Operating Officer #04-152, BLOCK 532, BUKIT BATOK ST 5 1, SINGAPORE U0 650532
Lang Zhou director LDK SOLAR, SAIWEI ROAD, HIGH-TEC ZONE, XINYU F4 338000
Xiahou Min director, officer: Chief Executive Officer LDK SOLAR,SAIWEI ROAD, HIGH-TECH ZONE, XINYU CITY F4 338000
Charlotte Xi Klein officer: President, Global COO, CFO 201 CALIFORNIA STREET, SUITE 1250, SAN FRANCISCO CA 94111
James Pekarsky officer: Chief Financial Officer 1349A OLIVE STREET, SAN CARLO CA 94070
Dennis Wu director SOLAR POWER INC, 2240 DOUGLAS BLVD, SUITE 200, ROSEVILLE CA 95661
Ldk Solar Co., Ltd. 10 percent owner HIGH-TECH INDUSTRIAL PARK, XINYU CITY, JIANGXI PROVINCE F4 338032
Jack K Lai director C/O LDK SOLAR USA, INC., 1290 OAKMEAD PARKWAY, SUITE 306, SUNNYVALE CA 94085
Peng Xiaofeng director #15, 35/F WEST TOWER, SHUN TAK CENTRE, 200 CONNAUGHT ROAD, CENTRAL K3 00000
Joseph Bedewi officer: Chief Financial Officer SOLAR POWER INC, 1115 ORLANDO AVE, ROSEVILLE CA 95661