GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Haad Thip PCL (BKK:HTC) » Definitions » Retained Earnings

Haad Thip PCL (BKK:HTC) Retained Earnings : ฿1,868 Mil (As of Mar. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Haad Thip PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Haad Thip PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿1,868 Mil.

Haad Thip PCL's quarterly retained earnings increased from Sep. 2023 (฿1,586 Mil) to Dec. 2023 (฿1,685 Mil) and increased from Dec. 2023 (฿1,685 Mil) to Mar. 2024 (฿1,868 Mil).

Haad Thip PCL's annual retained earnings increased from Dec. 2021 (฿1,339 Mil) to Dec. 2022 (฿1,489 Mil) and increased from Dec. 2022 (฿1,489 Mil) to Dec. 2023 (฿1,685 Mil).


Haad Thip PCL Retained Earnings Historical Data

The historical data trend for Haad Thip 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.

Haad Thip PCL Retained Earnings Chart

Haad Thip PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 972.62 1,181.31 1,339.32 1,489.29 1,685.13

Haad Thip 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 1,689.08 1,644.62 1,585.87 1,685.13 1,868.18

Haad Thip 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.


Haad Thip PCL  (BKK:HTC) 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.


Haad Thip PCL (BKK:HTC) Business Description

Traded in Other Exchanges
N/A
Address
87/1, Kanchanavanich Road, Thambol Banphru, Amphur Hadyai, Songkhla, THA, 90250
Haad Thip PCL is engaged in the manufacture and distributor of soft drinks. The company has been granted a franchise by Coca-Cola in the United States to be a producer and distributor of carbonated drinks under the trademarks of Coca-Cola, Fanta, and Sprite, and other non-carbonated products owned by Coca-Cola Company, such as Minute Maid Splash and Namthip Drinking Water. Its brands include Coca-Cola, Sprite, Fanta, Minute Maid, Namthip, A&W, and Aquarius. The company operates business in Segment soft drinks, Segment Consumer goods, Segment food, Segment Real estate development. The company generates majority revenue from soft drinks. The company distributes its products in the southern provinces of Thailand.

Haad Thip PCL (BKK:HTC) Headlines

No Headlines