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Advice IT Infinite PCL (BKK:ADVICE) Retained Earnings : ฿77 Mil (As of Sep. 2023)


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What is Advice IT Infinite PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Advice IT Infinite PCL's retained earnings for the quarter that ended in Sep. 2023 was ฿77 Mil.

Advice IT Infinite PCL's quarterly retained earnings increased from Sep. 2022 (฿0 Mil) to Dec. 2022 (฿75 Mil) and increased from Dec. 2022 (฿75 Mil) to Sep. 2023 (฿77 Mil).

Advice IT Infinite PCL's annual retained earnings increased from Dec. 2020 (฿76 Mil) to Dec. 2021 (฿165 Mil) but then declined from Dec. 2021 (฿165 Mil) to Dec. 2022 (฿75 Mil).


Advice IT Infinite PCL Retained Earnings Historical Data

The historical data trend for Advice IT Infinite PCL'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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Advice IT Infinite PCL Retained Earnings Chart

Advice IT Infinite PCL Annual Data
Trend Dec20 Dec21 Dec22
Retained Earnings
75.56 165.15 75.20

Advice IT Infinite PCL Quarterly Data
Dec21 Sep22 Dec22 Sep23
Retained Earnings 165.15 - 75.20 76.74

Advice IT Infinite PCL 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.


Advice IT Infinite PCL  (BKK:ADVICE) 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.


Advice IT Infinite PCL (BKK:ADVICE) Business Description

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Address
74/1 Moo 1, Tha It Subdistrict, Pak Kret District, Nonthaburi Province, Nonthaburi, THA
Advice IT Infinite PCL is a retailer and wholesaler of IT products in the Thailand. It operates a business of selling, retail-wholesale products and providing IT services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers and various peripherals such as monitors, printers, mice, keyboards, network equipment. The company has three segments; Retail; Wholesale and services, out of which Retail Segment derives maximum profit.

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