Fortune Parts Industry PCL (BKK:FPI) Retained Earnings : ฿1,087 Mil (As of Dec. 2023)

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What is Fortune Parts Industry PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fortune Parts Industry PCL's retained earnings for the quarter that ended in Dec. 2023 was ฿1,087 Mil.

Fortune Parts Industry PCL's quarterly retained earnings increased from Jun. 2023 (฿963 Mil) to Sep. 2023 (฿985 Mil) and increased from Sep. 2023 (฿985 Mil) to Dec. 2023 (฿1,087 Mil).

Fortune Parts Industry PCL's annual retained earnings increased from Dec. 2021 (฿637 Mil) to Dec. 2022 (฿924 Mil) and increased from Dec. 2022 (฿924 Mil) to Dec. 2023 (฿1,087 Mil).

Fortune Parts Industry PCL Retained Earnings Historical Data

The historical data trend for Fortune Parts Industry 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.

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Fortune Parts Industry PCL Retained Earnings Chart

Fortune Parts Industry PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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475.16

439.39

636.80

924.19

1,086.99

Fortune Parts Industry 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															924.19	980.77	962.58	984.74	1,086.99

Fortune Parts Industry 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.

Fortune Parts Industry PCL (BKK:FPI) 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.

Fortune Parts Industry PCL (BKK:FPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fortune Parts Industry PCL (BKK:FPI) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

Nimitmai Road, 11/22 Moo 20, Lamlukka, Pathumthani, THA, 12150

Website

https://www.fpiautoparts.com

Fortune Parts Industry PCL is engaged in the manufacture and distribution of automotive replacement parts, dipping, and painting services based in Thailand. It has three operating segments Domestic sales, which manufacture and domestic distribution of automotive parts and equipment; Export sales, which manufacture and overseas distribution of automotive parts and equipment; and Services from dipping and painting. Some of the products offered by the company are Plastic injection parts, Lamp and mirrors, Coolants, Engine and Break parts, among others. Export sales generate the majority of the revenue. Geographically, it makes sales in Thailand, Saudi Arabia, and other countries.