GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Chonburi Concrete Product PCL (BKK:CCP) » Definitions » Retained Earnings

Chonburi Concrete Product PCL (BKK:CCP) Retained Earnings : ฿355 Mil (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Chonburi Concrete Product PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Chonburi Concrete Product PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿355 Mil.

Chonburi Concrete Product PCL's quarterly retained earnings increased from Sep. 2023 (฿322 Mil) to Dec. 2023 (฿327 Mil) and increased from Dec. 2023 (฿327 Mil) to Mar. 2024 (฿355 Mil).

Chonburi Concrete Product PCL's annual retained earnings declined from Dec. 2021 (฿258 Mil) to Dec. 2022 (฿213 Mil) but then increased from Dec. 2022 (฿213 Mil) to Dec. 2023 (฿327 Mil).


Chonburi Concrete Product PCL Retained Earnings Historical Data

The historical data trend for Chonburi Concrete Product 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.

Chonburi Concrete Product PCL Retained Earnings Chart

Chonburi Concrete Product 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 232.31 280.87 257.68 213.37 327.30

Chonburi Concrete Product PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 296.37 322.18 327.30 354.67

Chonburi Concrete Product 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.


Chonburi Concrete Product PCL  (BKK:CCP) 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.


Chonburi Concrete Product PCL (BKK:CCP) Business Description

Traded in Other Exchanges
N/A
Address
39/1 Moo 1, Sukhumvit Road, Tambol Huaykapi, Amphur Muang, Chonburi, THA, 20000
Chonburi Concrete Product PCL is mainly engaged in the manufacturing and distribution of concrete products and ready mixed concrete in Thailand. Its products include Ready-Mixed Concrete, Precast concrete for structure system works and precast concrete for decorative works, among others. The operations of the company mainly in Thailand involve several industry segments, namely the production and sales of construction products, real estate rental and transportation services.

Chonburi Concrete Product PCL (BKK:CCP) Headlines

No Headlines