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Chung-Hsin Electric & Machinery Mfg (TPE:1513) Retained Earnings : NT$4,084 Mil (As of Mar. 2024)


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What is Chung-Hsin Electric & Machinery Mfg Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Chung-Hsin Electric & Machinery Mfg's retained earnings for the quarter that ended in Mar. 2024 was NT$4,084 Mil.

Chung-Hsin Electric & Machinery Mfg's quarterly retained earnings increased from Sep. 2023 (NT$2,358 Mil) to Dec. 2023 (NT$3,131 Mil) and increased from Dec. 2023 (NT$3,131 Mil) to Mar. 2024 (NT$4,084 Mil).

Chung-Hsin Electric & Machinery Mfg's annual retained earnings increased from Dec. 2021 (NT$2,719 Mil) to Dec. 2022 (NT$3,466 Mil) but then declined from Dec. 2022 (NT$3,466 Mil) to Dec. 2023 (NT$3,131 Mil).


Chung-Hsin Electric & Machinery Mfg Retained Earnings Historical Data

The historical data trend for Chung-Hsin Electric & Machinery Mfg'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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Chung-Hsin Electric & Machinery Mfg Retained Earnings Chart

Chung-Hsin Electric & Machinery Mfg 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 1,048.76 1,944.76 2,718.91 3,466.47 3,130.75

Chung-Hsin Electric & Machinery Mfg 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 4,210.97 1,622.73 2,358.44 3,130.75 4,083.99

Chung-Hsin Electric & Machinery Mfg 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.


Chung-Hsin Electric & Machinery Mfg  (TPE:1513) 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.


Chung-Hsin Electric & Machinery Mfg (TPE:1513) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Wen-Te Road, Lo Shan Tsun, Guishan District, Taoyuan, TWN, 33383
Chung-Hsin Electric & Machinery Mfg Corp is a manufacturer of power generation machinery and equipment and its related parts, air-conditioners, dehumidifiers, and meters. The company's products include chillers, generator sets, high voltage circuit breakers, smart grid electric power automation equipment, customized fuel cell systems, methanol reformers, handheld document terminals, industrial computers and parking facilities, among others. Its operating segments include Electricity Power; Service and Engineering and other. The company generates maximum revenue from the Electricity Power segment.

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