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Arizon RFID Technology (Cayman) Co (TPE:6863) Retained Earnings : NT$637 Mil (As of Mar. 2024)


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What is Arizon RFID Technology (Cayman) Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Arizon RFID Technology (Cayman) Co's retained earnings for the quarter that ended in Mar. 2024 was NT$637 Mil.

Arizon RFID Technology (Cayman) Co's quarterly retained earnings increased from Sep. 2023 (NT$316 Mil) to Dec. 2023 (NT$448 Mil) and increased from Dec. 2023 (NT$448 Mil) to Mar. 2024 (NT$637 Mil).

Arizon RFID Technology (Cayman) Co's annual retained earnings declined from Dec. 2021 (NT$2,451 Mil) to Dec. 2022 (NT$302 Mil) but then increased from Dec. 2022 (NT$302 Mil) to Dec. 2023 (NT$448 Mil).


Arizon RFID Technology (Cayman) Co Retained Earnings Historical Data

The historical data trend for Arizon RFID Technology (Cayman) 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.

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Arizon RFID Technology (Cayman) Co Retained Earnings Chart

Arizon RFID Technology (Cayman) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
2,422.50 2,451.32 302.08 448.34

Arizon RFID Technology (Cayman) Co Quarterly Data
Dec20 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 404.10 228.55 315.51 448.34 637.42

Arizon RFID Technology (Cayman) 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.


Arizon RFID Technology (Cayman) Co  (TPE:6863) 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.


Arizon RFID Technology (Cayman) Co (TPE:6863) Business Description

Traded in Other Exchanges
N/A
Address
No.88 Wuzhou East Road, Economic Development Zone, Jiangsu Province, Yangzhou, CHN, 225101
Arizon RFID Technology (Cayman) Co Ltd engages in the manufacturing of RFID ODM components. The firm offers various products including Antenna, Electronic shelf labels (ESL), RFID Tags, RFID UHF Fixed Readers, and RFID UHF Handheld Readers. The customers can benefit from using finger sized tags in different fields and environments, to accelerate the efficiency of logistics and management, reduce inventory accumulation, eliminate waste of consumables, and achieve improvement of environment and resources.

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