Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Retained Earnings: ฿1,356 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:AXTRART Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
86 GF Score
Price ฿13.10
GF Value ฿13.14
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Axtra Future City Freehold and Leasehold REIT Retained Earnings?

Axtra Future City Freehold and Leasehold REIT BKK:AXTRART -0.76% 86 Retained Earnings is ฿1,356 Mil as of Mar. 2026. GuruFocus rates BKK:AXTRART with a GF Score™ of 86/100 and a GF Value™ of ฿13.14 (Fairly Valued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Axtra Future City Freehold and Leasehold REIT's retained earnings for the quarter that ended in Mar. 2026 was ฿1,356 Mil.

Axtra Future City Freehold and Leasehold REIT's quarterly retained earnings increased from Sep. 2025 (฿848 Mil) to Dec. 2025 (฿1,340 Mil) and increased from Dec. 2025 (฿1,340 Mil) to Mar. 2026 (฿1,356 Mil).

Axtra Future City Freehold and Leasehold REIT's annual retained earnings increased from Feb. 2023 (฿2,780 Mil) to Feb. 2024 (฿2,982 Mil) but then declined from Feb. 2024 (฿2,982 Mil) to Dec. 2025 (฿1,340 Mil).


Axtra Future City Freehold and Leasehold REIT  (BKK:AXTRART) 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.


Axtra Future City Freehold and Leasehold REIT Retained Earnings Historical Data

* Premium members only.

The historical data trend for Axtra Future City Freehold and Leasehold REIT'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.

Axtra Future City Freehold and Leasehold REIT Retained Earnings Chart

Axtra Future City Freehold and Leasehold REIT Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,098.41 3,940.16 2,780.50 2,982.26 1,339.52

Axtra Future City Freehold and Leasehold REIT Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 933.72 803.30 848.39 1,339.52 1,356.28
BKK:AXTRART
86GF Score
Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axtra Future City Freehold and Leasehold REIT 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 ฿1,356 Mil mean?
Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) has a Retained Earnings of ฿1,356 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors.
Is Axtra Future City Freehold and Leasehold REIT's Retained Earnings too high?
Axtra Future City Freehold and Leasehold REIT's current Retained Earnings is ฿1,356 Mil. Overall, Axtra Future City Freehold and Leasehold REIT has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axtra Future City Freehold and Leasehold REIT's Retained Earnings compare to SPG and O?
Axtra Future City Freehold and Leasehold REIT's Retained Earnings of ฿1,356 Mil can be compared against companies in the REITs 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 REITs company?
A good Retained Earnings depends on the REITs 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 Axtra Future City Freehold and Leasehold REIT and its competitors. Axtra Future City Freehold and Leasehold REIT's current Retained Earnings is ฿1,356 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtra Future City Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.14, compared to a current price of ฿13.10 — trading 0.3% below its estimated fair value. The current Retained Earnings is ฿1,356 Mil. Axtra Future City Freehold and Leasehold REIT's overall GF Score™ is 86/100 with 4 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART), the current Retained Earnings is ฿1,356 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Overvalued in 2026?

Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿13.10 is trading 0.3% below its estimated GF Value™ of ฿13.14. GuruFocus considers Axtra Future City Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:AXTRART:

  • Retained Earnings: ฿1,356 Mil
  • GF Value™: ฿13.14 vs. price of ฿13.10 (0.3% below fair value)
  • GF Score™: 86/100 with 4 warning signs

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


Axtra Future City Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address Sukhumvit Raod, No. 111, 10th Floor, Unit 1001/1, True Digital Park West, Bang Chak, Phra Khanong, Bangkok, THA, 10260
Axtra Future City Freehold and Leasehold REIT is a closed-end retail growth freehold and leasehold property fund. The Fund's objective is to seek funds from investors, invest mostly in property or property leasehold rights and generate benefit from such property. It Invest in Freehold & Leasehold of properties which comprises of nearly 23 shopping malls (Lotus's). The company operates only in Thailand.
86GF Score

Get the complete analysis for BKK:AXTRART

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

฿13.10
Price
฿13.14
GF Value