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JE Cleantech Holdings (STU:XN60) Retained Earnings : €0.78 Mil (As of Dec. 2023)


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What is JE Cleantech Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JE Cleantech Holdings's retained earnings for the quarter that ended in Dec. 2023 was €0.78 Mil.

JE Cleantech Holdings's quarterly retained earnings increased from Dec. 2022 (€0.42 Mil) to Jun. 2023 (€0.61 Mil) and increased from Jun. 2023 (€0.61 Mil) to Dec. 2023 (€0.78 Mil).

JE Cleantech Holdings's annual retained earnings increased from Dec. 2021 (€-0.38 Mil) to Dec. 2022 (€0.42 Mil) and increased from Dec. 2022 (€0.42 Mil) to Dec. 2023 (€0.78 Mil).


JE Cleantech Holdings Retained Earnings Historical Data

The historical data trend for JE Cleantech 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.

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JE Cleantech Holdings Retained Earnings Chart

JE Cleantech Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
0.39 1.43 -0.38 0.42 0.78

JE Cleantech Holdings Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.30 - 0.42 0.61 0.78

JE Cleantech 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.


JE Cleantech Holdings  (STU:XN60) 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.


JE Cleantech Holdings (STU:XN60) Business Description

Traded in Other Exchanges
Address
3 Woodlands Sector 1, Singapore, SGP, 738361
JE Cleantech Holdings Ltd is engaged in the manufacturing and selling of cleaning systems and other equipment that can be categorized into four different categories, namely aqueous washing systems, plating and cleaning systems, train cleaning systems, and other equipment, such as filtration units. The product lives of its cleaning systems and other equipment range from two to ten years. The company is also into designing, developing, and manufacturing other cleaning systems for various industrial end-use applications using its R&D and engineering capabilities. It derives a majority of its revenue from Singapore.

JE Cleantech Holdings (STU:XN60) Headlines

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