Vingroup JSC (STC:VIC) Retained Earnings : ₫36,490,377 Mil (As of Mar. 2024)

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What is Vingroup JSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vingroup JSC's retained earnings for the quarter that ended in Mar. 2024 was ₫36,490,377 Mil.

Vingroup JSC's quarterly retained earnings declined from Sep. 2023 (₫23,428,624 Mil) to Dec. 2023 (₫14,105,693 Mil) but then increased from Dec. 2023 (₫14,105,693 Mil) to Mar. 2024 (₫36,490,377 Mil).

Vingroup JSC's annual retained earnings increased from Dec. 2021 (₫4,718,123 Mil) to Dec. 2022 (₫14,346,643 Mil) but then declined from Dec. 2022 (₫14,346,643 Mil) to Dec. 2023 (₫14,105,693 Mil).

Vingroup JSC Retained Earnings Historical Data

The historical data trend for Vingroup JSC'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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Vingroup JSC Retained Earnings Chart

Vingroup JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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3,119,758.00

4,359,645.00

4,718,123.00

14,346,643.00

14,105,693.00

Vingroup JSC 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															15,463,409.00	17,320,450.00	23,428,624.00	14,105,693.00	36,490,377.00

Vingroup JSC 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.

Vingroup JSC (STC:VIC) 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.

Vingroup JSC (STC:VIC) Business Description

Industry

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Address

No. 7, Bang Lang 1 Street, Vinhomes Riverside Ecological Area, Viet Hung Ward, Long Bien District, Hanoi, VNM

Website

http://www.vingroup.net

Vingroup JSC is a Vietnam-based company engaged in construction and provides retail outlets, commercial offices for lease, residential units for lease and sale. It also carries out investment activities, to provide the management service and to conduct other businesses. The company operates through the segments of Sale of inventory properties, Leasing investment properties and related services, Hospitality, entertainment and other services, Health care and related services, Education services, Retail services, Manufacturing activities, and Others. The company generates the majority of its revenue from Sale of inventory properties including developing and trading apartments and villas at real estate projects of the group.

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