CIE Automotive (FRA:CAD) Retained Earnings : €1,449 Mil (As of Dec. 2023)

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What is CIE Automotive Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CIE Automotive's retained earnings for the quarter that ended in Dec. 2023 was €1,449 Mil.

CIE Automotive's quarterly retained earnings increased from Dec. 2022 (€1,291 Mil) to Jun. 2023 (€1,313 Mil) and increased from Jun. 2023 (€1,313 Mil) to Dec. 2023 (€1,449 Mil).

CIE Automotive's annual retained earnings increased from Dec. 2021 (€1,086 Mil) to Dec. 2022 (€1,291 Mil) and increased from Dec. 2022 (€1,291 Mil) to Dec. 2023 (€1,449 Mil).

CIE Automotive Retained Earnings Historical Data

The historical data trend for CIE Automotive'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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CIE Automotive Retained Earnings Chart

CIE Automotive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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874.41

874.85

1,085.62

1,290.89

1,449.17

CIE Automotive Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															1,085.62	1,156.29	1,290.89	1,313.43	1,449.17

CIE Automotive 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.

CIE Automotive (FRA:CAD) 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.

CIE Automotive (FRA:CAD) Business Description

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Address

Alameda Mazarredo 69, Vizcaya, 8th floo, Bilbao, ESP, 48009

Website

http://www.cieautomotive.com

CIE Automotive SA is a supplier of components and subassemblies for the automotive market. Cie Automotive produces components for engines, gearboxes, transmissions, chassis, interior and exterior trims, and roof systems. The company's clients include Renault, Magna, Chrysler, Daimler, Schaeffler, Ford, Nexteer, Volkswagen, and Faurecia. Next to its core automotive business, Cie Automotive operates a process improvement service through a subsidiary. The majority of revenue and operating profits are generated in Cie Automotive's core segment automotive components. Geographically, Europe and NAFTA are the largest sources of operating profits for the company.