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CP Axtra PCL (BKK:CPAXT) Retained Earnings : ฿30,852 Mil (As of Dec. 2023)


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What is CP Axtra PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CP Axtra PCL's retained earnings for the quarter that ended in Dec. 2023 was ฿30,852 Mil.

CP Axtra PCL's quarterly retained earnings declined from Jun. 2023 (฿27,817 Mil) to Sep. 2023 (฿27,589 Mil) but then increased from Sep. 2023 (฿27,589 Mil) to Dec. 2023 (฿30,852 Mil).

CP Axtra PCL's annual retained earnings increased from Dec. 2021 (฿25,460 Mil) to Dec. 2022 (฿27,627 Mil) and increased from Dec. 2022 (฿27,627 Mil) to Dec. 2023 (฿30,852 Mil).


CP Axtra PCL Retained Earnings Historical Data

The historical data trend for CP Axtra 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.

CP Axtra PCL Retained Earnings Chart

CP Axtra 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 14,569.75 16,511.32 25,459.71 27,626.96 30,851.85

CP Axtra PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 27,626.96 29,792.61 27,816.99 27,589.45 30,851.85

CP Axtra 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.


CP Axtra PCL  (BKK:CPAXT) 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.


CP Axtra PCL (BKK:CPAXT) Business Description

Traded in Other Exchanges
Address
1468, Phattanakan Road, Phatthanakan, Suan Luang, Bangkok, THA, 10250
CP Axtra PCL operates Makro brand stores and frozen food shops across Thailand. Segments through which the company operates its business include Wholesale, Retail, and mall . Its Operations are derived from the sale of goods from wholesale businesses, retail and mall businesses, and the rendering of services related to those businesses. It generates a majority of its revenue from the Wholesale segment.

CP Axtra PCL (BKK:CPAXT) Headlines

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