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LPI Capital Bhd (XKLS:8621) Retained Earnings : RM1,053 Mil (As of Dec. 2023)


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What is LPI Capital Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LPI Capital Bhd's retained earnings for the quarter that ended in Dec. 2023 was RM1,053 Mil.

LPI Capital Bhd's quarterly retained earnings declined from Jun. 2023 (RM981 Mil) to Sep. 2023 (RM975 Mil) but then increased from Sep. 2023 (RM975 Mil) to Dec. 2023 (RM1,053 Mil).

LPI Capital Bhd's annual retained earnings declined from Dec. 2021 (RM960 Mil) to Dec. 2022 (RM958 Mil) but then increased from Dec. 2022 (RM958 Mil) to Dec. 2023 (RM1,053 Mil).


LPI Capital Bhd Retained Earnings Historical Data

The historical data trend for LPI 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.

LPI Capital Bhd Retained Earnings Chart

LPI Capital Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 852.21 906.09 959.95 957.69 1,053.48

LPI Capital Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 957.69 917.17 981.12 974.90 1,053.48

LPI 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.


LPI Capital Bhd  (XKLS:8621) 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.


LPI Capital Bhd (XKLS:8621) Business Description

Traded in Other Exchanges
N/A
Address
6, Jalan Sultan Sulaiman, 6th Floor, Bangunan Public Bank, Kuala Lumpur, SGR, MYS, 50000
LPI Capital Bhd is a diversified insurance company that provides comprehensive insurance solutions to customers ranging from individual policies to the underwriting of large-scale industrial projects. The company's insurance solutions offering includes; Employee Benefits, Health, Liability, Motor, Marine, Pecuniary, Personal Accident, Project, Property, and Trade Credit. It has two operating business segments: The general insurance segment includes Underwriting of all classes of general insurance business, and The investment holding segment includes Investment holding operations. The company derives a majority of its revenue from the General insurance segment.

LPI Capital Bhd (XKLS:8621) Headlines

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