Jumbo Group (SGX:42R) Retained Earnings : S$12.7 Mil (As of Sep. 2023)

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What is Jumbo Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jumbo Group's retained earnings for the quarter that ended in Sep. 2023 was S$12.7 Mil.

Jumbo Group's quarterly retained earnings increased from Sep. 2022 (S$-1.9 Mil) to Mar. 2023 (S$6.1 Mil) and increased from Mar. 2023 (S$6.1 Mil) to Sep. 2023 (S$12.7 Mil).

Jumbo Group's annual retained earnings declined from Sep. 2021 (S$-1.8 Mil) to Sep. 2022 (S$-1.9 Mil) but then increased from Sep. 2022 (S$-1.9 Mil) to Sep. 2023 (S$12.7 Mil).

Jumbo Group Retained Earnings Historical Data

The historical data trend for Jumbo 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.

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Jumbo Group Retained Earnings Chart

Jumbo Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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23.73

9.99

-1.77

-1.86

12.74

Jumbo Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial														-1.77	-6.25	-1.86	6.08	12.74

Jumbo 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.

Jumbo Group (SGX:42R) 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.

Jumbo Group (SGX:42R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jumbo Group Ltd (SGX:42R) » Definitions » Retained Earnings

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Address

4 Kaki Bukit Avenue 1, No 03-08, Singapore, SGP, 417939

Website

https://www.jumbogroup.sg

Jumbo Group Ltd is a Singapore-based company operating a seafood restaurant. It operates many outlets under the Jumbo Seafood, NG AH SIO Bak Kut Teh, Chui Huay Lim Teochew Cuisine, and Singapore Seafood Republic brands. The company also offers catering services and through retail outlet sources, it sells packaged Jumbo chili crab pastes, black pepper crab spice mixes, and Teochew style bak kut teh spice mixes. Its geographical area of operation includes Singapore, Taiwan, and China of which Singapore accounts for the majority of its revenue.

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