GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Major Development PCL (BKK:MJD-R) » Definitions » Retained Earnings

Major Development PCL (BKK:MJD-R) Retained Earnings : ฿2,138 Mil (As of Mar. 2025)


View and export this data going back to 2007. Start your Free Trial

What is Major Development PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Major Development PCL's retained earnings for the quarter that ended in Mar. 2025 was ฿2,138 Mil.

Major Development PCL's quarterly retained earnings increased from Sep. 2024 (฿2,203 Mil) to Dec. 2024 (฿2,241 Mil) but then declined from Dec. 2024 (฿2,241 Mil) to Mar. 2025 (฿2,138 Mil).

Major Development PCL's annual retained earnings declined from Dec. 2022 (฿2,840 Mil) to Dec. 2023 (฿2,510 Mil) and declined from Dec. 2023 (฿2,510 Mil) to Dec. 2024 (฿2,241 Mil).


Major Development PCL Retained Earnings Historical Data

The historical data trend for Major Development 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.

Major Development PCL Retained Earnings Chart

Major Development PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,565.37 3,201.25 2,839.62 2,510.31 2,241.24

Major Development PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2,443.94 2,328.77 2,203.17 2,241.24 2,138.14

Major Development 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.


Major Development PCL  (BKK:MJD-R) 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.


Major Development PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit Road, 141 Soi Sukhumvit 63 (Ekamai), Klongton Nua, Wattana, Bangkok, THA, 10110
Major Development PCL is a Thailand-based real estate company. The operating segments of the group are the Property development business segment; the Hotel business segment and the Rental and service business segment. It derives prime revenue from the Property development business segment which engages in the development of land and houses and residential condominium units for sale. The group primarily operates in Thailand.

Major Development PCL Headlines

No Headlines