EVD Bhd (XKLS:0174) Retained Earnings : RM7.52 Mil (As of Sep. 2023)

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What is EVD Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EVD Bhd's retained earnings for the quarter that ended in Sep. 2023 was RM7.52 Mil.

EVD Bhd's quarterly retained earnings declined from Mar. 2023 (RM8.82 Mil) to Jun. 2023 (RM7.33 Mil) but then increased from Jun. 2023 (RM7.33 Mil) to Sep. 2023 (RM7.52 Mil).

EVD Bhd's annual retained earnings increased from Jun. 2020 (RM-9.31 Mil) to Jun. 2021 (RM-9.28 Mil) and increased from Jun. 2021 (RM-9.28 Mil) to Dec. 2022 (RM7.40 Mil).

EVD Bhd Retained Earnings Historical Data

The historical data trend for EVD 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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EVD Bhd Retained Earnings Chart

EVD Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Jun18

Jun19

Jun20

Jun21

Dec22

Retained Earnings

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-2.84

-6.73

-9.31

-9.28

7.40

EVD Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial															3.59	7.40	8.82	7.33	7.52

EVD 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.

EVD Bhd (XKLS:0174) 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.

EVD Bhd (XKLS:0174) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » EVD Bhd (XKLS:0174) » Definitions » Retained Earnings

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Address

No. 5, Jalan Kajibumi U1/70, Kawasan Perindustrian Temasya, Shah Alam, SGR, MYS, 40150

Website

https://www.evd-berhad.com

EVD Bhd is an investment holding company. It operates through three main reportable segments: Transportation which is involved in the service rendered under railway and highway industries. Healthcare segment is involved in the service rendered in the hospitality industry. All other segment is involved in the investment holding and service and maintenance. The majority of the revenue was generated from the Transportation segment.

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