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Asia Sermkij Leasing PCL (BKK:ASK-R) Retained Earnings : ฿4,776 Mil (As of Mar. 2025)


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What is Asia Sermkij Leasing PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Asia Sermkij Leasing PCL's retained earnings for the quarter that ended in Mar. 2025 was ฿4,776 Mil.

Asia Sermkij Leasing PCL's quarterly retained earnings increased from Sep. 2024 (฿4,618 Mil) to Dec. 2024 (฿4,630 Mil) and increased from Dec. 2024 (฿4,630 Mil) to Mar. 2025 (฿4,776 Mil).

Asia Sermkij Leasing PCL's annual retained earnings increased from Dec. 2022 (฿4,456 Mil) to Dec. 2023 (฿4,916 Mil) but then declined from Dec. 2023 (฿4,916 Mil) to Dec. 2024 (฿4,630 Mil).


Asia Sermkij Leasing PCL Retained Earnings Historical Data

The historical data trend for Asia Sermkij Leasing 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.

* Premium members only.

Asia Sermkij Leasing PCL Retained Earnings Chart

Asia Sermkij Leasing PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,015.01 3,575.20 4,455.83 4,915.51 4,630.07

Asia Sermkij Leasing PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5,089.34 4,559.48 4,618.26 4,630.07 4,775.60

Asia Sermkij Leasing 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.


Asia Sermkij Leasing PCL  (BKK:ASK-R) 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 Sermkij Leasing PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit Road, 129 JLK Tower, 19th - 21st Floor, Khlong Toei Nuea, Wattana, Bangkok, THA, 10120
Asia Sermkij Leasing PCL operates a hire purchase business for all types of automobiles in the form of new car financing to its customers in Bangkok and the metropolitan area. Subsequently, the company has expanded its business into used car hire purchases, personal loans, and floor plan financing as well as other services such as auto registration, tax renewal, and insurance services. The business operation can be classified into five operating segments: the hire purchase segment, the leasing segment, the loan segment, the factoring segment, and the insurance broker segment. A majority part of the revenue is generated from the hire purchase division.

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