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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Beyond Securities PCL's retained earnings for the quarter that ended in Mar. 2026 was ฿-2,746 Mil.
Beyond Securities PCL's quarterly retained earnings
declined
from Sep. 2025 (฿-2,511 Mil) to Dec. 2025 (฿-2,764 Mil) but then
increased
from Dec. 2025 (฿-2,764 Mil) to Mar. 2026 (฿-2,746 Mil).
Beyond Securities PCL's annual retained earnings
declined
from Dec. 2023 (฿-1,695 Mil) to Dec. 2024 (฿-6,270 Mil) but then
increased
from Dec. 2024 (฿-6,270 Mil) to Dec. 2025 (฿-2,764 Mil).
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.
Beyond Securities PCL Retained Earnings Historical Data
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The historical data trend for Beyond Securities 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.
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.
What does a Retained Earnings of ฿-2,746 Mil mean?
Beyond Securities PCL (BKK:BYD) has a Retained Earnings of ฿-2,746 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Beyond Securities PCL and its competitors.
Is Beyond Securities PCL's Retained Earnings too high?
Beyond Securities PCL's current Retained Earnings is ฿-2,746 Mil. Overall, Beyond Securities PCL has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beyond Securities PCL's Retained Earnings compare to MS and GS?
Beyond Securities PCL's Retained Earnings of ฿-2,746 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Retained Earnings depends on the Capital Markets 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 Beyond Securities PCL and its competitors. Beyond Securities PCL's current Retained Earnings is ฿-2,746 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beyond Securities PCL stock overvalued right now?
Based on GuruFocus' analysis, Beyond Securities PCL (BKK:BYD) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.29, compared to a current price of ฿0.46 — trading 64.3% below its estimated fair value. The current Retained Earnings is ฿-2,746 Mil. Beyond Securities PCL's overall GF Score™ is 59/100 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 Beyond Securities PCL (BKK:BYD), the current Retained Earnings is ฿-2,746 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 Beyond Securities PCL (BKK:BYD) Overvalued in 2026?
Based on GuruFocus' analysis, Beyond Securities PCL stock appears to be undervalued.
The current stock price of ฿0.46 is trading 64.3% below its estimated GF Value™ of ฿1.29.
GuruFocus considers Beyond Securities PCL to be Possible Value Trap.
Key valuation signals for BKK:BYD:
Retained Earnings: ฿-2,746 Mil
GF Value™: ฿1.29 vs. price of ฿0.46 (64.3% below fair value)
No single metric tells the full story. See the BKK:BYD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beyond Securities PCL is engaged in the securities business. It offers services such as securities brokerage, securities trading, securities underwriting, investment advisory service, derivatives brokerage, securities borrowing, and lending and private fund management. The Company has two reportable segments which comprise the Securities and Derivative business segment, which provides brokerage and derivative brokerage services, including the investment banking segment, and the Investment business segment, which provides services related to the management of the investment in securities. The majority of the revenue for the company is generated from its Securities and Derivative business segment. The Company generates totally operating revenue in Thailand.
59GF Score
Get the complete analysis for BKK:BYD
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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