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Prime Global Capital Group (Prime Global Capital Group) Retained Earnings : $-4.58 Mil (As of Jan. 2020)


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What is Prime Global Capital Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Prime Global Capital Group's retained earnings for the quarter that ended in Jan. 2020 was $-4.58 Mil.

Prime Global Capital Group's quarterly retained earnings declined from Jul. 2019 ($-4.43 Mil) to Oct. 2019 ($-4.55 Mil) and declined from Oct. 2019 ($-4.55 Mil) to Jan. 2020 ($-4.58 Mil).

Prime Global Capital Group's annual retained earnings declined from Oct. 2017 ($-3.75 Mil) to Oct. 2018 ($-4.28 Mil) and declined from Oct. 2018 ($-4.28 Mil) to Oct. 2019 ($-4.55 Mil).


Prime Global Capital Group Retained Earnings Historical Data

The historical data trend for Prime Global Capital Group'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.

Prime Global Capital Group Retained Earnings Chart

Prime Global Capital Group Annual Data
Trend Mar10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.98 -2.85 -3.75 -4.28 -4.55

Prime Global Capital Group Quarterly Data
Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20
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 -4.34 -4.40 -4.43 -4.55 -4.58

Prime Global Capital Group 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.


Prime Global Capital Group  (GREY:PGCG) 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.


Prime Global Capital Group (Prime Global Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
E-5-2, Megan Avenue 1, Block E, No. 189, Jalan Tun Razak, Kuala Lumpur, MYS, 50400
Prime Global Capital Group Inc is engaged in the Malaysian real estate sector. In collaboration with its subsidiaries, the company functions through two main segments; Plantation Business and Real Estate Business. The Real Estate is by far its leading business segment, in terms of revenue. It includes the acquisition and development of commercial and residential real estate properties in Malaysia. The Plantation segment represents its leasing, development, and operation of oil palm plantations.
Executives
Choon Meng Soo director E-5-2, MEGAN AVENUE 1, BLOCK E JALAN TUN RAZAK KUALA LUMPUR N8 50400
Chai Jeremy Chia Pei director E-5-2, MEGAN AVENUE 1, BLOCK E JALAN TUN RAZAK KUALA LUMPUR N8 50400
Gan Maylee Suat Lee director NO. 12, 1ST FLOOR, JALAN BK 1/17 BANDAR KINRARA INDUSTRIAL PARK PUCHONG, SELANGOR N8 47180
James Scheifley director 9800 MT PYRAMID COURT # 350 ENGLEWOOD CO 80112
Ham Poh Chai director 11-2, JALAN 26/70A DESA SRI HARTAMAS KUALA LUMPUR N8 50480
Weng Kung Wong director, 10 percent owner, officer: Chief Executive Officer 11-2, JALAN 26/70A, DESA SRI HARTAMAS KUALA LUMPUR N8 50480
Peijin Wu Harrison director 11-2,JALAN 26/70A DESA SRI HARTAMAS,LUALA LUMPUS N8 50480
Embi Amiruddin Bin Che director 11-2,JALAN 26/70A DESA SRI HARTAMAS,LUALA LUMPUS N8 50480
Ee Ring Yap director PO BOX 11-2, JALAN 26/70A DESA SRI HARTAMAS KUALA LUMPUR N8 50480
Sek Fong Wong director, officer: Secretary 11-2, JALAN 26/70A, DESA SRI HARTAMAS KUALA LUMPUR N8 50480
Liong Tat Teh director, officer: Chief Financial Officer 11-2, JALAN 26/70A, DESA SRI HARTAMAS KUALA LUMPUR N8 50480

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