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Evergreen Max Cash Capital Bhd (XKLS:0286) Retained Earnings : RM67.54 Mil (As of Mar. 2024)


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What is Evergreen Max Cash Capital Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Evergreen Max Cash Capital Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM67.54 Mil.

Evergreen Max Cash Capital Bhd's quarterly retained earnings increased from Sep. 2023 (RM27.93 Mil) to Dec. 2023 (RM62.86 Mil) and increased from Dec. 2023 (RM62.86 Mil) to Mar. 2024 (RM67.54 Mil).

Evergreen Max Cash Capital Bhd's annual retained earnings increased from Dec. 2021 (RM-2.31 Mil) to Dec. 2022 (RM47.04 Mil) and increased from Dec. 2022 (RM47.04 Mil) to Dec. 2023 (RM62.86 Mil).


Evergreen Max Cash Capital Bhd Retained Earnings Historical Data

The historical data trend for Evergreen Max Cash Capital 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.

* Premium members only.

Evergreen Max Cash Capital Bhd Retained Earnings Chart

Evergreen Max Cash Capital Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
-13.57 -14.27 -2.31 47.04 62.86

Evergreen Max Cash Capital Bhd Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only 47.04 - 27.93 62.86 67.54

Evergreen Max Cash Capital 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.


Evergreen Max Cash Capital Bhd  (XKLS:0286) 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.


Evergreen Max Cash Capital Bhd (XKLS:0286) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Lima Off, Jalan Chan Sow Lin, Lot 11-10, Level 11, Wisma Trax, Wilayah Persekutuan, Kuala Lumpur, MYS, 55200
Evergreen Max Cash Capital Bhd is an investment holding company that operates through its subsidiaries. The Group is principally involved in the provision of pawnbroking services. It is also involved in the business of retail and trading of gold and other products as well as provision of pawnbroking consultancy services and IT solutions to third-party pawnbrokers.

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