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Ta Ya Electric Wire & Cable (TPE:1609) Retained Earnings : NT$4,717 Mil (As of Mar. 2024)


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What is Ta Ya Electric Wire & Cable Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ta Ya Electric Wire & Cable's retained earnings for the quarter that ended in Mar. 2024 was NT$4,717 Mil.

Ta Ya Electric Wire & Cable's quarterly retained earnings increased from Sep. 2023 (NT$4,096 Mil) to Dec. 2023 (NT$4,391 Mil) and increased from Dec. 2023 (NT$4,391 Mil) to Mar. 2024 (NT$4,717 Mil).

Ta Ya Electric Wire & Cable's annual retained earnings increased from Dec. 2021 (NT$2,000 Mil) to Dec. 2022 (NT$2,109 Mil) and increased from Dec. 2022 (NT$2,109 Mil) to Dec. 2023 (NT$4,391 Mil).


Ta Ya Electric Wire & Cable Retained Earnings Historical Data

The historical data trend for Ta Ya Electric Wire & Cable'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.

Ta Ya Electric Wire & Cable Retained Earnings Chart

Ta Ya Electric Wire & Cable 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 556.36 1,088.30 1,999.74 2,109.32 4,390.62

Ta Ya Electric Wire & Cable 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 3,896.64 3,900.76 4,096.27 4,390.62 4,717.11

Ta Ya Electric Wire & Cable 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.


Ta Ya Electric Wire & Cable  (TPE:1609) 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.


Ta Ya Electric Wire & Cable (TPE:1609) Business Description

Traded in Other Exchanges
N/A
Address
No. 249, Section 2, Zhongshan Road, Guanmiao District, Tainan, TWN, 71847
Ta Ya Electric Wire & Cable is engaged in the manufacturing and sale of electric wire & cable, and constructing, selling, and renting office and house buildings. The company has two operating segments; the Electric wire and cable segment mainly engage in the manufacturing and sale of electric wire and cable, and the Solar power plants segment mainly engages in the development of solar power plants for renewable energy. It derives a majority of its revenue from Taiwan.

Ta Ya Electric Wire & Cable (TPE:1609) Headlines

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