GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Amcorp Global Ltd (SGX:S9B) » Definitions » Retained Earnings

Amcorp Global (SGX:S9B) Retained Earnings : S$-56.25 Mil (As of Sep. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Amcorp Global Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Amcorp Global's retained earnings for the quarter that ended in Sep. 2023 was S$-56.25 Mil.

Amcorp Global's quarterly retained earnings increased from Sep. 2022 (S$-56.19 Mil) to Mar. 2023 (S$-55.08 Mil) but then declined from Mar. 2023 (S$-55.08 Mil) to Sep. 2023 (S$-56.25 Mil).

Amcorp Global's annual retained earnings declined from Mar. 2021 (S$-44.98 Mil) to Mar. 2022 (S$-54.40 Mil) and declined from Mar. 2022 (S$-54.40 Mil) to Mar. 2023 (S$-55.08 Mil).


Amcorp Global Retained Earnings Historical Data

The historical data trend for Amcorp Global'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.

Amcorp Global Retained Earnings Chart

Amcorp Global Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.90 -14.61 -44.98 -54.40 -55.08

Amcorp Global Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only -48.39 -54.40 -56.19 -55.08 -56.25

Amcorp Global 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.


Amcorp Global  (SGX:S9B) 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.


Amcorp Global (SGX:S9B) Business Description

Traded in Other Exchanges
N/A
Address
11 Sam Leong Road No 03-06, Singapore, SGP, 207903
Amcorp Global Ltd is a real estate development company. The company is engaged in the business of engineering, real estate, and infrastructure. It owns residential, commercial, and industrial projects in Singapore. The group is organised into business units based on its products and services and has two reportable operating segments - Property development and Hotel operations. The majority of the revenue is generated from the property development segments which is engaged in the development and sale of properties. Its geographical segments include Singapore, New Zealand, Australia, Vietnam, and Malaysia, out of which most of its revenue comes from Singapore.

Amcorp Global (SGX:S9B) Headlines

No Headlines