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Ideal Capital Bhd (XKLS:9687) Retained Earnings : RM86.0 Mil (As of Sep. 2023)


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What is Ideal Capital Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ideal Capital Bhd's retained earnings for the quarter that ended in Sep. 2023 was RM86.0 Mil.

Ideal Capital Bhd's quarterly retained earnings increased from Mar. 2023 (RM123.2 Mil) to Jun. 2023 (RM133.4 Mil) but then declined from Jun. 2023 (RM133.4 Mil) to Sep. 2023 (RM86.0 Mil).

Ideal Capital Bhd's annual retained earnings increased from Dec. 2020 (RM27.9 Mil) to Dec. 2021 (RM87.9 Mil) and increased from Dec. 2021 (RM87.9 Mil) to Dec. 2022 (RM127.2 Mil).


Ideal Capital Bhd Retained Earnings Historical Data

The historical data trend for Ideal 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.

Ideal Capital Bhd Retained Earnings Chart

Ideal Capital Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.75 89.26 27.94 87.86 127.23

Ideal Capital Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 112.15 127.23 123.21 133.45 85.99

Ideal 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.


Ideal Capital Bhd  (XKLS:9687) 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.


Ideal Capital Bhd (XKLS:9687) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Mahsuri, No. 71-5, Ideal @ The One, Bayan Lepas, PNG, MYS, 11950
Ideal Capital Bhd is a Malaysia-based investment holding company engaged in the trading of heavy machinery and spare parts, and property development activities. The group has three reportable segments namely, the Trading segment which includes trading of heavy machinery and spare parts, the Property development segment which relates to property development activities, and Project investment and project management engaged in rental income and property management services. The company operates in Malaysia and generates the majority of its revenue from the Property development segment.

Ideal Capital Bhd (XKLS:9687) Headlines

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