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TuSimple Holdings (TuSimple Holdings) Retained Earnings : $-1,830.39 Mil (As of Sep. 2023)


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What is TuSimple Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TuSimple Holdings's retained earnings for the quarter that ended in Sep. 2023 was $-1,830.39 Mil.

TuSimple Holdings's quarterly retained earnings declined from Mar. 2023 ($-1,690.92 Mil) to Jun. 2023 ($-1,768.96 Mil) and declined from Jun. 2023 ($-1,768.96 Mil) to Sep. 2023 ($-1,830.39 Mil).

TuSimple Holdings's annual retained earnings declined from Dec. 2020 ($-405.18 Mil) to Dec. 2021 ($-1,137.85 Mil) and declined from Dec. 2021 ($-1,137.85 Mil) to Dec. 2022 ($-1,609.71 Mil).


TuSimple Holdings Retained Earnings Historical Data

The historical data trend for TuSimple 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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TuSimple Holdings Retained Earnings Chart

TuSimple Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
- -218.72 -405.18 -1,137.85 -1,609.71

TuSimple Holdings Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -1,471.32 -1,609.71 -1,690.92 -1,768.96 -1,830.39

TuSimple 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.


TuSimple Holdings  (OTCPK:TSPH) 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.


TuSimple Holdings (TuSimple Holdings) Business Description

Traded in Other Exchanges
N/A
Address
9191 Towne Centre Drive, Suite 600, San Diego, CA, USA, 92122
TuSimple Holdings Inc is an autonomous technology company in the global truck freight market. It has developed a technology for semi-trucks to build the Autonomous Freight Network (AFN) in partnership with shippers, carriers, railroads, freight brokers, fleet asset owners, and truck hardware partners. The company recognizes revenue from providing freight capacity services. TuSimple's two reportable geographic segments are the U.S. and APAC.
Executives
Eric R Tapia officer: See Remarks 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
J. Tyler Mcgaughey director 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Zhen Tao director 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Wendy Hayes director 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Michael G. Mosier director 9191 TOWNE CENTRE DRIVE, SUITE 600, SAN DIEGO CA 92122
Lu James Fu Bin director C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Mehmet Ersin Yumer officer: See Remarks 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
James Mullen officer: See Remarks 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Patrick Dillon officer: Chief Financial Officer 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Reed Werner director 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Brad W Buss director 198 CHAMPION COURT, SAN JOSE CA 95134
Cheng Lu director, officer: See Remarks 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Michelle M Sterling director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
White Marble Llc 10 percent owner 9191 TOWNE CENTRE DRIVE STE 600, SAN DIEGO CA 92122
Charles Guowei Chao director, 10 percent owner