Information and Communication Networks PCL (BKK:ICN) Retained Earnings: ฿323 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ICN Information and Communication Networks PCL BKK:ICN
77 GF Score
Price ฿2.20
GF Value ฿3.54
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Information and Communication Networks PCL Retained Earnings?

Information and Communication Networks PCL BKK:ICN 77 Retained Earnings is ฿323 Mil as of Jun. 2026. GuruFocus rates BKK:ICN with a GF Score™ of 77/100 and a GF Value™ of ฿3.54 (Possible Value Trap). The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Information and Communication Networks PCL's retained earnings for the quarter that ended in Jun. 2026 was ฿323 Mil.

Information and Communication Networks PCL's quarterly retained earnings increased from Dec. 2025 (฿260 Mil) to Mar. 2026 (฿319 Mil) and increased from Mar. 2026 (฿319 Mil) to Jun. 2026 (฿323 Mil).

Information and Communication Networks PCL's annual retained earnings increased from Dec. 2023 (฿237 Mil) to Dec. 2024 (฿266 Mil) but then declined from Dec. 2024 (฿266 Mil) to Dec. 2025 (฿260 Mil).


Information and Communication Networks PCL  (BKK:ICN) 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.


Information and Communication Networks PCL Retained Earnings Historical Data

* Premium members only.

The historical data trend for Information and Communication Networks 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.

Information and Communication Networks PCL Retained Earnings Chart

Information and Communication Networks 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 239.72 217.97 236.72 265.56 260.00

Information and Communication Networks PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 255.42 282.31 260.00 318.62 322.50
BKK:ICN
77GF Score
Information and Communication Networks PCL BKK:ICN
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Information and Communication Networks 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 ฿323 Mil mean?
Information and Communication Networks PCL (BKK:ICN) has a Retained Earnings of ฿323 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Information and Communication Networks PCL and its competitors.
Is Information and Communication Networks PCL's Retained Earnings too high?
Information and Communication Networks PCL's current Retained Earnings is ฿323 Mil. Overall, Information and Communication Networks PCL has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Information and Communication Networks PCL's Retained Earnings compare to VZ and TMUS?
Information and Communication Networks PCL's Retained Earnings of ฿323 Mil can be compared against companies in the Telecommunication Services 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 a Telecommunication Services company?
A good Retained Earnings depends on the Telecommunication Services 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 Information and Communication Networks PCL and its competitors. Information and Communication Networks PCL's current Retained Earnings is ฿323 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Information and Communication Networks PCL stock overvalued right now?
Based on GuruFocus' analysis, Information and Communication Networks PCL (BKK:ICN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.54, compared to a current price of ฿2.20 — trading 37.9% below its estimated fair value. The current Retained Earnings is ฿323 Mil. Information and Communication Networks PCL's overall GF Score™ is 77/100 with 8 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 Information and Communication Networks PCL (BKK:ICN), the current Retained Earnings is ฿323 Mil as of Jun. 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 Information and Communication Networks PCL (BKK:ICN) Overvalued in 2026?

Based on GuruFocus' analysis, Information and Communication Networks PCL stock appears to be undervalued. The current stock price of ฿2.20 is trading 37.9% below its estimated GF Value™ of ฿3.54. GuruFocus considers Information and Communication Networks PCL to be Possible Value Trap.

Key valuation signals for BKK:ICN:

  • Retained Earnings: ฿323 Mil
  • GF Value™: ฿3.54 vs. price of ฿2.20 (37.9% below fair value)
  • GF Score™: 77/100 with 8 warning signs

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


Information and Communication Networks PCL Business Description

Address Number 393, Sukhonthasawat Road, D.K.J. Building, 5th Floor, Latphrao Sub-district, Latphrao District, Bangkok, THA, 10230
Information and Communication Networks PCL is Engaged in telecommunications engineering business for government agencies, state enterprises and private companies. Its operations are carried only in Thailand. The Company is considered a full-service system integrator. The Company is able to provide design and installation services for telecommunication networks (Telecommunication System), which is a system in which the Company has expertise, as well as providing design and installation services for construction and other electrical systems (Construction and Electrical Systems). In addition, the Company also provides sales services for replacement equipment (Supply) and maintenance services for telecommunication networks (Maintenance).
77GF Score

Get the complete analysis for BKK:ICN

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

฿2.20
Price
฿3.54
GF Value