PPC (PPCLY) Retained Earnings : $440.5 Mil (As of Sep. 2023)

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What is PPC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PPC's retained earnings for the quarter that ended in Sep. 2023 was $440.5 Mil.

PPC's quarterly retained earnings declined from Sep. 2022 ($469.3 Mil) to Mar. 2023 ($438.1 Mil) but then increased from Mar. 2023 ($438.1 Mil) to Sep. 2023 ($440.5 Mil).

PPC's annual retained earnings increased from Mar. 2021 ($408.6 Mil) to Mar. 2022 ($492.5 Mil) but then declined from Mar. 2022 ($492.5 Mil) to Mar. 2023 ($438.1 Mil).

PPC Retained Earnings Historical Data

The historical data trend for PPC'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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PPC Retained Earnings Chart

PPC Annual Data

Trend

Sep13

Sep14

Sep15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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192.34

215.28

408.62

492.45

438.07

PPC Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial															453.63	492.45	469.31	438.07	440.53

PPC 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.

PPC (OTCPK:PPCLY) 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.

PPC (PPCLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PPC Ltd (OTCPK:PPCLY) » Definitions » Retained Earnings

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PPC:South Africa OZV2:Germany

Address

148 Katherine Street (Corner Grayston Drive), PO Box 787416, Sandton, Johannesburg, GT, ZAF, 2146

Website

https://www.ppc.africa

PPC Ltd is a South Africa-based company that supplies cement and other related products in South Africa and several other African countries. Its production facilities span South Africa, Botswana, Zimbabwe, and Rwanda. The operating segments are South Africa and Botswana Cement, Zimbabwe, Rwanda, aggregates, ash and readymix and group services. The company generates the majority of its revenue from the South Africa and Botswana domestic market, where it marketed its cement products under the brand names OPC, SureRoad, IDM Best Build, Castle, and Spar Build-It. It also distributes cement products in Botswana, Zimbabwe, Mozambique, the Democratic Republic of the Congo, Rwanda, and Ethiopia under the brands OPC, Unicem, Botcem, and Surebuild PMC.