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Planet Image International (Planet Image International) Retained Earnings : $26.0 Mil (As of Dec. 2023)


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What is Planet Image International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Planet Image International's retained earnings for the quarter that ended in Dec. 2023 was $26.0 Mil.

Planet Image International's quarterly retained earnings increased from Dec. 2022 ($19.3 Mil) to Jun. 2023 ($23.2 Mil) and increased from Jun. 2023 ($23.2 Mil) to Dec. 2023 ($26.0 Mil).

Planet Image International's annual retained earnings increased from Dec. 2021 ($12.6 Mil) to Dec. 2022 ($19.3 Mil) and increased from Dec. 2022 ($19.3 Mil) to Dec. 2023 ($26.0 Mil).


Planet Image International Retained Earnings Historical Data

The historical data trend for Planet Image International'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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Planet Image International Retained Earnings Chart

Planet Image International Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
5.05 9.28 12.56 19.32 26.02

Planet Image International Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only 12.56 - 19.32 23.24 26.02

Planet Image International 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.


Planet Image International  (NAS:YIBO) 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.


Planet Image International (Planet Image International) Business Description

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Address
No. 756 Guangfu Road, Hi-tech Development Zone, Jiangxi Province, Xinyu, CHN
Planet Image International Ltd is engaged in manufacturing and selling compatible toner cartridges. It develops and manufactures toner cartridges that are compatible with, and can be used in, a wide range of commonly available models of laser printers from different manufacturers, or compatible toner cartridges, on a white-label or third-party brand basis or under its self-owned brands. The company also sells its branded products through online sales channels under three brands, TrueImage, CoolToner, and AZtech.

Planet Image International (Planet Image International) Headlines