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Saigon VRG Investment (STC:SIP) Retained Earnings : ₫1,627,632 Mil (As of Mar. 2024)


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What is Saigon VRG Investment Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Saigon VRG Investment's retained earnings for the quarter that ended in Mar. 2024 was ₫1,627,632 Mil.

Saigon VRG Investment's quarterly retained earnings declined from Jun. 2023 (₫1,473,312 Mil) to Dec. 2023 (₫1,381,623 Mil) but then increased from Dec. 2023 (₫1,381,623 Mil) to Mar. 2024 (₫1,627,632 Mil).

Saigon VRG Investment's annual retained earnings increased from Dec. 2021 (₫1,328,168 Mil) to Dec. 2022 (₫1,524,386 Mil) but then declined from Dec. 2022 (₫1,524,386 Mil) to Dec. 2023 (₫1,381,623 Mil).


Saigon VRG Investment Retained Earnings Historical Data

The historical data trend for Saigon VRG Investment'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.

Saigon VRG Investment Retained Earnings Chart

Saigon VRG Investment Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 700,209.29 1,138,998.22 1,328,167.83 1,524,385.86 1,381,622.58

Saigon VRG Investment Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1,524,385.86 1,691,665.59 1,473,312.18 1,381,622.58 1,627,632.31

Saigon VRG Investment 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.


Saigon VRG Investment  (STC:SIP) 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.


Saigon VRG Investment (STC:SIP) Business Description

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Traded in Other Exchanges
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Address
106 Nguyen Van Troi, Ward 8, CentrePoint Building, Phu Nhuan District, Ho Chi Minh, VNM
Saigon VRG Investment Corp specializes in the development and construction of industrial parks, residential areas, and commercial centers, providing high-standard amenities, modern production, and a living environment.

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