Asia Green Energy PCL (BKK:AGE) Retained Earnings: ฿2,122 Mil (As of Mar. 2026)

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BKK:AGE Asia Green Energy PCL BKK:AGE
71 GF Score
Price ฿1.33
GF Value ฿1.24
Valuation Fairly Valued
! 6 Warning Signs
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What is Asia Green Energy PCL Retained Earnings?

Asia Green Energy PCL BKK:AGE -0.75% 71 Retained Earnings is ฿2,122 Mil as of Mar. 2026. GuruFocus rates BKK:AGE with a GF Score™ of 71/100 and a GF Value™ of ฿1.24 (Fairly Valued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Asia Green Energy PCL's retained earnings for the quarter that ended in Mar. 2026 was ฿2,122 Mil.

Asia Green Energy PCL's quarterly retained earnings increased from Sep. 2025 (฿1,962 Mil) to Dec. 2025 (฿2,020 Mil) and increased from Dec. 2025 (฿2,020 Mil) to Mar. 2026 (฿2,122 Mil).

Asia Green Energy PCL's annual retained earnings declined from Dec. 2023 (฿2,183 Mil) to Dec. 2024 (฿1,709 Mil) but then increased from Dec. 2024 (฿1,709 Mil) to Dec. 2025 (฿2,020 Mil).


Asia Green Energy PCL  (BKK:AGE) 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.


Asia Green Energy PCL Retained Earnings Historical Data

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The historical data trend for Asia Green Energy 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.

Asia Green Energy PCL Retained Earnings Chart

Asia Green Energy PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,411.26 2,203.19 2,183.06 1,708.68 2,020.36

Asia Green Energy PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,761.03 1,866.93 1,962.15 2,020.36 2,121.94
BKK:AGE
71GF Score
Asia Green Energy PCL BKK:AGE
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Green Energy 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ฿2,122 Mil mean?
Asia Green Energy PCL (BKK:AGE) has a Retained Earnings of ฿2,122 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Asia Green Energy PCL and its competitors.
Is Asia Green Energy PCL's Retained Earnings too high?
Asia Green Energy PCL's current Retained Earnings is ฿2,122 Mil. Overall, Asia Green Energy PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Green Energy PCL's Retained Earnings compare to CNR?
Asia Green Energy PCL's Retained Earnings of ฿2,122 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Other Energy Sources company?
A good Retained Earnings depends on the Other Energy Sources industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Asia Green Energy PCL and its competitors. Asia Green Energy PCL's current Retained Earnings is ฿2,122 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Green Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Green Energy PCL (BKK:AGE) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.24, compared to a current price of ฿1.33 — trading 7.3% above its estimated fair value. The current Retained Earnings is ฿2,122 Mil. Asia Green Energy PCL's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Asia Green Energy PCL (BKK:AGE), the current Retained Earnings is ฿2,122 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asia Green Energy PCL (BKK:AGE) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Green Energy PCL stock appears to be overvalued. The current stock price of ฿1.33 is trading 7.3% above its estimated GF Value™ of ฿1.24. GuruFocus considers Asia Green Energy PCL to be Fairly Valued.

Key valuation signals for BKK:AGE:

  • Retained Earnings: ฿2,122 Mil
  • GF Value™: ฿1.24 vs. price of ฿1.33 (7.3% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the BKK:AGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Green Energy PCL Business Description

Address 99/9 Rama II Road, Samae Dam Subdistrict, Bang Khun Thian District, Bangkok, THA, 10150
Asia Green Energy PCL is engaged in the distribution of coal for industrial use. The company's operation consists of importing and distributing the business of clean Bituminous coal from Indonesia and distributing it both inside and outside the country. The company is organized into business units based on its products and services and has four segments, Related Coal business; Smart Logistic business; Sustainable Energy business; and Diversified Investment businesses. The company earns maximum revenue from the Related Coal business.
71GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.33
Price
฿1.24
GF Value