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Hotai Motor Co (TPE:2207) Retained Earnings : NT$32,538 Mil (As of Mar. 2024)


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What is Hotai Motor Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hotai Motor Co's retained earnings for the quarter that ended in Mar. 2024 was NT$32,538 Mil.

Hotai Motor Co's quarterly retained earnings increased from Sep. 2023 (NT$33,420 Mil) to Dec. 2023 (NT$37,795 Mil) but then declined from Dec. 2023 (NT$37,795 Mil) to Mar. 2024 (NT$32,538 Mil).

Hotai Motor Co's annual retained earnings declined from Dec. 2021 (NT$47,945 Mil) to Dec. 2022 (NT$16,165 Mil) but then increased from Dec. 2022 (NT$16,165 Mil) to Dec. 2023 (NT$37,795 Mil).


Hotai Motor Co Retained Earnings Historical Data

The historical data trend for Hotai Motor 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.

Hotai Motor Co Retained Earnings Chart

Hotai Motor Co 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 37,362.03 42,338.32 47,944.83 16,165.24 37,794.76

Hotai Motor Co 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 20,136.29 27,074.02 33,419.62 37,794.76 32,537.81

Hotai Motor 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.


Hotai Motor Co  (TPE:2207) 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.


Hotai Motor Co (TPE:2207) Business Description

Traded in Other Exchanges
N/A
Address
No. 121 Sung Chiang Road, 8th-14th Floor, Taipei, TWN
Hotai Motor Co Ltd is an automobile distribution company domiciled in Taiwan. The company distributes new and used passenger vehicles under the Toyota and Lexus brands; commercial vehicles, including trucks, under the Toyota and HINO brands; and Toyota industrial equipment. It earns more than half its sales from HINO- and Toyota-branded products. In addition to vehicle sales, Hotai Motor provides leasing and financing services, insurance, vehicle accessories, and vehicle servicing. Its segments include the Distributor of Toyota and Hino products segments, Installment trading, Leasing, Property insurance, overseas sales agent and other segments. It has operations across both Taiwan and mainland China, with the vast majority of revenue derived domestically.

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