Charoong Thai Wire & Cable PCL (BKK:CTW) Retained Earnings: ฿713 Mil (As of Mar. 2026)

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BKK:CTW Charoong Thai Wire & Cable PCL BKK:CTW
49 GF Score
Price ฿6.30
GF Value ฿3.95
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Charoong Thai Wire & Cable PCL Retained Earnings?

Charoong Thai Wire & Cable PCL BKK:CTW +1.61% 49 Retained Earnings is ฿713 Mil as of Mar. 2026. GuruFocus rates BKK:CTW with a GF Score™ of 49/100 and a GF Value™ of ฿3.95 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Charoong Thai Wire & Cable PCL's retained earnings for the quarter that ended in Mar. 2026 was ฿713 Mil.

Charoong Thai Wire & Cable PCL's quarterly retained earnings increased from Sep. 2025 (฿643 Mil) to Dec. 2025 (฿643 Mil) and increased from Dec. 2025 (฿643 Mil) to Mar. 2026 (฿713 Mil).

Charoong Thai Wire & Cable PCL's annual retained earnings increased from Dec. 2023 (฿471 Mil) to Dec. 2024 (฿564 Mil) and increased from Dec. 2024 (฿564 Mil) to Dec. 2025 (฿643 Mil).


Charoong Thai Wire & Cable PCL  (BKK:CTW) 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.


Charoong Thai Wire & Cable PCL Retained Earnings Historical Data

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The historical data trend for Charoong Thai Wire & Cable 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.

Charoong Thai Wire & Cable PCL Retained Earnings Chart

Charoong Thai Wire & Cable PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 574.73 576.42 470.97 563.61 642.77

Charoong Thai Wire & Cable PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 511.14 546.13 642.65 642.77 712.79
BKK:CTW
49GF Score
Charoong Thai Wire & Cable PCL BKK:CTW
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Charoong Thai Wire & Cable 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ฿713 Mil mean?
Charoong Thai Wire & Cable PCL (BKK:CTW) has a Retained Earnings of ฿713 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Charoong Thai Wire & Cable PCL and its competitors.
Is Charoong Thai Wire & Cable PCL's Retained Earnings too high?
Charoong Thai Wire & Cable PCL's current Retained Earnings is ฿713 Mil. Overall, Charoong Thai Wire & Cable PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoong Thai Wire & Cable PCL's Retained Earnings compare to VRT and BE?
Charoong Thai Wire & Cable PCL's Retained Earnings of ฿713 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Retained Earnings depends on the Industrial Products 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 Charoong Thai Wire & Cable PCL and its competitors. Charoong Thai Wire & Cable PCL's current Retained Earnings is ฿713 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoong Thai Wire & Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL (BKK:CTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.95, compared to a current price of ฿6.30 — trading 59.5% above its estimated fair value. The current Retained Earnings is ฿713 Mil. Charoong Thai Wire & Cable PCL's overall GF Score™ is 49/100 with 2 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 Charoong Thai Wire & Cable PCL (BKK:CTW), the current Retained Earnings is ฿713 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 Charoong Thai Wire & Cable PCL (BKK:CTW) Overvalued in 2026?

Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL stock appears to be overvalued. The current stock price of ฿6.30 is trading 59.5% above its estimated GF Value™ of ฿3.95. GuruFocus considers Charoong Thai Wire & Cable PCL to be Significantly Overvalued.

Key valuation signals for BKK:CTW:

  • Retained Earnings: ฿713 Mil
  • GF Value™: ฿3.95 vs. price of ฿6.30 (59.5% above fair value)
  • GF Score™: 49/100 with 2 warning signs

No single metric tells the full story. See the BKK:CTW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Charoong Thai Wire & Cable PCL Business Description

Address Debaratana Road, 589/71 Central City Tower, 12A Floor, North Bangna, Bangna, Bangkok, THA, 10260
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment, which consists of aluminum conductor power cable, copper conductor power cable, and high voltage power cable; the communication cable segment, enameled and non-enameled wire segment, which consists of enameled copper wire, enameled aluminum wire, and non-enameled copper wire; and the fiber optic cable segment. The company derives a majority of its revenue from the power cable segment. Geographically, the company operates in Thailand, Vietnam, Hong Kong Special Administrative Region of the People's Republic of China, the Republic of the Union of Myanmar, and Other regions.
49GF Score

Get the complete analysis for BKK:CTW

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿6.30
Price
฿3.95
GF Value