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Chow Steel Industries PCL (BKK:CHOW) Retained Earnings : ฿1,122 Mil (As of Mar. 2024)


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What is Chow Steel Industries PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Chow Steel Industries PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿1,122 Mil.

Chow Steel Industries PCL's quarterly retained earnings increased from Sep. 2023 (฿926 Mil) to Dec. 2023 (฿1,042 Mil) and increased from Dec. 2023 (฿1,042 Mil) to Mar. 2024 (฿1,122 Mil).

Chow Steel Industries PCL's annual retained earnings increased from Dec. 2021 (฿-420 Mil) to Dec. 2022 (฿633 Mil) and increased from Dec. 2022 (฿633 Mil) to Dec. 2023 (฿1,042 Mil).


Chow Steel Industries PCL Retained Earnings Historical Data

The historical data trend for Chow Steel Industries 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.

Chow Steel Industries PCL Retained Earnings Chart

Chow Steel Industries 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 -31.59 -315.54 -420.50 633.06 1,041.50

Chow Steel Industries 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 628.37 618.15 925.52 1,041.50 1,122.30

Chow Steel Industries 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.


Chow Steel Industries PCL  (BKK:CHOW) 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.


Chow Steel Industries PCL (BKK:CHOW) Business Description

Traded in Other Exchanges
N/A
Address
2525 FYI Center, Rama 4 Road, Tower 2, 10th Floor, Unit 2/1007-1008, Khlongtoei Sub-district, Khlongtoei District, Bangkok, THA, 10110
Chow Steel Industries PCL is engaged in the business of manufacturing and distribution of steel billet and renewable energy. Its products are used for the production of round bars, deformed bars, and wire rods. Geographically all the business activity functions through Thailand. The business activity of the company is operated through six segments which are Original Equipment Manufacturer (OEM) business, Trading of steel billets business, Investment in renewable power plant business, Consultancy on investments related to the renewable energy business, Cryptocurrency business and Other businesses. The company offers its products to both Thailand and overseas markets.

Chow Steel Industries PCL (BKK:CHOW) Headlines

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