Asdion Bhd (XKLS:0068) Retained Earnings : RM-9.81 Mil (As of Dec. 2023)

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What is Asdion Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Asdion Bhd's retained earnings for the quarter that ended in Dec. 2023 was RM-9.81 Mil.

Asdion Bhd's quarterly retained earnings declined from Mar. 2023 (RM-6.59 Mil) to Jun. 2023 (RM-6.86 Mil) and declined from Jun. 2023 (RM-6.86 Mil) to Dec. 2023 (RM-9.81 Mil).

Asdion Bhd's annual retained earnings increased from Mar. 2018 (RM-28.89 Mil) to Sep. 2020 (RM-2.24 Mil) but then declined from Sep. 2020 (RM-2.24 Mil) to Sep. 2021 (RM-4.74 Mil).

Asdion Bhd Retained Earnings Historical Data

The historical data trend for Asdion Bhd'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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Asdion Bhd Retained Earnings Chart

Asdion Bhd Annual Data

Trend

Dec09

Dec10

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Sep20

Sep21

Retained Earnings

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-28.89

-2.24

-4.74

Asdion Bhd Quarterly Data
	Jun18	Sep18	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-6.09	-6.48	-6.59	-6.86	-9.81

Asdion Bhd 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.

Asdion Bhd (XKLS:0068) 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.

Asdion Bhd (XKLS:0068) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Asdion Bhd (XKLS:0068) » Definitions » Retained Earnings

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Address

SO-13A-3A, Menara 1, No. 3, Jalan Bangsar, KL Eco City, Kuala Lumpur, SGR, MYS, 59200

Website

https://asdiongroup.com

Asdion Bhd is an investment holding company. It is engaged in logistics businesses, commodity trading, and property development. The company also operates in software development and activities related to information and communication technologies.

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