Volcano Bhd (XKLS:0232) Retained Earnings : RM74.48 Mil (As of Mar. 2024)

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What is Volcano Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Volcano Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM74.48 Mil.

Volcano Bhd's quarterly retained earnings increased from Sep. 2023 (RM73.73 Mil) to Dec. 2023 (RM74.97 Mil) but then declined from Dec. 2023 (RM74.97 Mil) to Mar. 2024 (RM74.48 Mil).

Volcano Bhd's annual retained earnings increased from Dec. 2018 (RM54.11 Mil) to Dec. 2019 (RM56.89 Mil) and increased from Dec. 2019 (RM56.89 Mil) to Dec. 2020 (RM57.17 Mil).

Volcano Bhd Retained Earnings Historical Data

The historical data trend for Volcano 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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Volcano Bhd Retained Earnings Chart

Volcano Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Retained Earnings

54.11

56.89

57.17

Volcano Bhd Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial									67.88	-	73.73	74.97	74.48

Volcano 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.

Volcano Bhd (XKLS:0232) 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.

Volcano Bhd (XKLS:0232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Volcano Bhd (XKLS:0232) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

1411 Jalan Perusahaan Kawasan, Perusahaan Perai 1, Butterworth, Perai, PNG, MYS, 13600

Website

https://www.volcano.com.my

Volcano Bhd is a manufacturer of parts and components including metal and non-metal nameplates and plastic injection moulded parts. Geographically the company's manufacturing facilities is located in Malaysia and Thailand to serve multinational customers across various industries such as electrical and electronic, automotive, food, furniture, aerospace and label industries. The company operates in Malaysia, Singapore, Thailand, Indonesia, China, USA and other countries. It earns majority of its revenue from Thailand.

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