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JFE Holdings (TSE:5411) Retained Earnings : 円1,570,027 Mil (As of Mar. 2024)


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What is JFE Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JFE Holdings's retained earnings for the quarter that ended in Mar. 2024 was 円1,570,027 Mil.

JFE Holdings's quarterly retained earnings increased from Sep. 2023 (円1,503,416 Mil) to Dec. 2023 (円1,525,091 Mil) and increased from Dec. 2023 (円1,525,091 Mil) to Mar. 2024 (円1,570,027 Mil).

JFE Holdings's annual retained earnings increased from Mar. 2022 (円1,294,875 Mil) to Mar. 2023 (円1,397,735 Mil) and increased from Mar. 2023 (円1,397,735 Mil) to Mar. 2024 (円1,570,027 Mil).


JFE Holdings Retained Earnings Historical Data

The historical data trend for JFE Holdings'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.

JFE Holdings Retained Earnings Chart

JFE Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,002,076.00 1,029,976.00 1,294,875.00 1,397,735.00 1,570,027.00

JFE Holdings 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 1,397,735.00 1,448,333.00 1,503,416.00 1,525,091.00 1,570,027.00

JFE Holdings 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.


JFE Holdings  (TSE:5411) 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.


JFE Holdings (TSE:5411) Business Description

Traded in Other Exchanges
Address
2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011
JFE Holdings Inc is a Japan-based company operating through three subsidiaries, namely JFE Steel, JFE Engineering and JFE Shoji. JFE Steel produces and sells a wide range of steel products and raw materials, and also operates peripheral businesses such as transporting, maintenance and construction of equipment. JFE Engineering provides engineering services for energy, urban environment, recycle, steel construction and industrial machines and systems. JFE Shoji purchases, processes and sells steel products, raw materials for steel production, nonferrous metal products, food, etc. Steel manufacturing and trading account for majority of JFE's revenue. The company generates most of its sales from the Japanese market.

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