Asia Precision PCL (BKK:APCS) Retained Earnings: ฿-54.7 Mil (As of Mar. 2026)


BKK:APCS Asia Precision PCL BKK:APCS
41 GF Score
Price ฿1.39
GF Value ฿1.08
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Asia Precision PCL Retained Earnings?

Asia Precision PCL BKK:APCS 41 Retained Earnings is ฿-54.7 Mil as of Mar. 2026. GuruFocus rates BKK:APCS with a GF Score™ of 41/100 and a GF Value™ of ฿1.08 (Modestly Overvalued). 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 Precision PCL's retained earnings for the quarter that ended in Mar. 2026 was ฿-54.7 Mil.

Asia Precision PCL's quarterly retained earnings declined from Sep. 2025 (฿346.7 Mil) to Dec. 2025 (฿31.6 Mil) and declined from Dec. 2025 (฿31.6 Mil) to Mar. 2026 (฿-54.7 Mil).

Asia Precision PCL's annual retained earnings declined from Dec. 2023 (฿587.5 Mil) to Dec. 2024 (฿529.9 Mil) and declined from Dec. 2024 (฿529.9 Mil) to Dec. 2025 (฿31.6 Mil).


Asia Precision PCL  (BKK:APCS) 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 Precision PCL Retained Earnings Historical Data

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The historical data trend for Asia Precision 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 Precision PCL Retained Earnings Chart

Asia Precision 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 753.43 602.08 587.54 529.94 31.59

Asia Precision 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 474.27 419.22 346.73 31.59 -54.75
BKK:APCS
41GF Score
Asia Precision PCL BKK:APCS
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Precision 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 ฿-54.7 Mil mean?
Asia Precision PCL (BKK:APCS) has a Retained Earnings of ฿-54.7 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Asia Precision PCL and its competitors.
Is Asia Precision PCL's Retained Earnings too high?
Asia Precision PCL's current Retained Earnings is ฿-54.7 Mil. Overall, Asia Precision PCL has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Precision PCL's Retained Earnings compare to PWR and FIX?
Asia Precision PCL's Retained Earnings of ฿-54.7 Mil can be compared against companies in the Construction 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 a Construction company?
A good Retained Earnings depends on the Construction 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 Precision PCL and its competitors. Asia Precision PCL's current Retained Earnings is ฿-54.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Precision PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Precision PCL (BKK:APCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.08, compared to a current price of ฿1.39 — trading 28.7% above its estimated fair value. The current Retained Earnings is ฿-54.7 Mil. Asia Precision PCL's overall GF Score™ is 41/100 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 Precision PCL (BKK:APCS), the current Retained Earnings is ฿-54.7 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 Precision PCL (BKK:APCS) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Precision PCL stock appears to be overvalued. The current stock price of ฿1.39 is trading 28.7% above its estimated GF Value™ of ฿1.08. GuruFocus considers Asia Precision PCL to be Modestly Overvalued.

Key valuation signals for BKK:APCS:

  • Retained Earnings: ฿-54.7 Mil
  • GF Value™: ฿1.08 vs. price of ฿1.39 (28.7% above fair value)
  • GF Score™: 41/100 with 6 warning signs

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


Asia Precision PCL Business Description

Address Sunphawut Road, 223/53, 13th Floor, Country Complex Tower A, Bangna Tai, Bangna, Bangkok, THA, 10260
Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand, Mongolia and Vietnam, of which prime revenue is earned in Thailand.
41GF Score

Get the complete analysis for BKK:APCS

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

฿1.39
Price
฿1.08
GF Value