Lohakit Metal PCL (BKK:LHK) Retained Earnings : ฿423 Mil (As of Sep. 2024)

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What is Lohakit Metal PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lohakit Metal PCL's retained earnings for the quarter that ended in Sep. 2024 was ฿423 Mil.

Lohakit Metal PCL's quarterly retained earnings increased from Mar. 2024 (฿413 Mil) to Jun. 2024 (฿443 Mil) but then declined from Jun. 2024 (฿443 Mil) to Sep. 2024 (฿423 Mil).

Lohakit Metal PCL's annual retained earnings declined from Mar. 2022 (฿522 Mil) to Mar. 2023 (฿382 Mil) but then increased from Mar. 2023 (฿382 Mil) to Mar. 2024 (฿413 Mil).

Lohakit Metal PCL Retained Earnings Historical Data

The historical data trend for Lohakit Metal 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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Lohakit Metal PCL Retained Earnings Chart

Lohakit Metal PCL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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438.20

455.35

521.85

382.49

412.98

Lohakit Metal PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															379.52	347.29	412.98	443.22	423.22

Lohakit Metal 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.

Lohakit Metal PCL (BKK:LHK) 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.

Lohakit Metal PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lohakit Metal PCL (BKK:LHK) » Definitions » Retained Earnings

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Address

66/1 Moo 6 Suksawad Road, Phrapradaeng, Samutprakarn, Bangjak, THA, 10130

Website

https://www.lohakit.co.th

Lohakit Metal PCL is engaged in the processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. It offers cold and hot rolled, austenitic, ferritic, and specialized stainless-steel products; ornamental tubes, square and rectangular tubes, automotive pipe, electro-galvanized steel, and galvanized steel products. The company's operating segments include Production and Distribution; and Procurement and Distribution. The company generates the majority of its revenues from Production and Distribution.

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