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Asia Fiber PCL (BKK:AFC-F) Retained Earnings : ฿-79.8 Mil (As of Mar. 2024)


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What is Asia Fiber PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Asia Fiber PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿-79.8 Mil.

Asia Fiber PCL's quarterly retained earnings declined from Sep. 2023 (฿-66.7 Mil) to Dec. 2023 (฿-83.5 Mil) but then increased from Dec. 2023 (฿-83.5 Mil) to Mar. 2024 (฿-79.8 Mil).

Asia Fiber PCL's annual retained earnings increased from Jun. 2021 (฿-29.5 Mil) to Jun. 2022 (฿1.8 Mil) but then declined from Jun. 2022 (฿1.8 Mil) to Jun. 2023 (฿-79.8 Mil).


Asia Fiber PCL Retained Earnings Historical Data

The historical data trend for Asia Fiber PCL'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.

Asia Fiber PCL Retained Earnings Chart

Asia Fiber PCL Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -82.58 -117.03 -29.53 1.85 -79.84

Asia Fiber PCL 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 -77.50 -79.84 -66.70 -83.48 -79.78

Asia Fiber PCL 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.


Asia Fiber PCL  (BKK:AFC-F) 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.


Asia Fiber PCL (BKK:AFC-F) Business Description

Traded in Other Exchanges
Address
33/133-136 Surawongse Road, 27th Floor, Wall Street Tower, Suriyawongse, Bangrak, Bangkok, THA, 10500
Asia Fiber PCL is a manufacturer of nylon products in Thailand. The company's operating segment include Nylon Chip; Filament yarn; Textured Yarn and Other includes Sale Grey Fabric, Dyed and Finished Fabric, and other services. It generates maximum revenue from the Nylon Chip segment. The company derives a majority of revenue from export business.

Asia Fiber PCL (BKK:AFC-F) Headlines

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