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Bangkok Life Assurance PCL (BKK:BLA) Retained Earnings : ฿38,984 Mil (As of Jun. 2024)


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What is Bangkok Life Assurance PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bangkok Life Assurance PCL's retained earnings for the quarter that ended in Jun. 2024 was ฿38,984 Mil.

Bangkok Life Assurance PCL's quarterly retained earnings increased from Dec. 2023 (฿37,255 Mil) to Mar. 2024 (฿38,510 Mil) and increased from Mar. 2024 (฿38,510 Mil) to Jun. 2024 (฿38,984 Mil).

Bangkok Life Assurance PCL's annual retained earnings increased from Dec. 2021 (฿33,951 Mil) to Dec. 2022 (฿35,670 Mil) and increased from Dec. 2022 (฿35,670 Mil) to Dec. 2023 (฿37,255 Mil).


Bangkok Life Assurance PCL Retained Earnings Historical Data

The historical data trend for Bangkok Life Assurance 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.

Bangkok Life Assurance PCL Retained Earnings Chart

Bangkok Life Assurance PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31,055.14 31,157.82 33,951.24 35,670.14 37,254.53

Bangkok Life Assurance PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 36,738.36 36,906.47 37,254.53 38,510.27 38,983.57

Bangkok Life Assurance 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.


Bangkok Life Assurance PCL  (BKK:BLA) 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.


Bangkok Life Assurance PCL Business Description

Traded in Other Exchanges
N/A
Address
No. 1415, Krungthep - Nonthaburi Road, Wongsawang, Bangsue District, Bangkok, THA, 10800
Bangkok Life Assurance PCL is a Thai financial services group engaged in life insurance services. Its product portfolio contains life insurance, general insurance, mutual funds, home loans, and bancassurance products. The company serves both individuals and corporates. Life insurance offers the following services: tax planning, income protection, saving and investment, retirement plans, healthcare plans, and risk protection plans. The general insurance includes personal insurance and business all-risks insurance. The bancassurance products include credit protection insurance and retirement insurance. The mutual fund segment is quite diverse: equity fund, long-term equity fund, mixed fund, foreign investment fund, fixed-income fund, ETF, money market fund, and others.

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