Ocean Glass PCL (BKK:OGC) Retained Earnings: ฿324 Mil (As of Mar. 2026)

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BKK:OGC Ocean Glass PCL BKK:OGC
54 GF Score
Price ฿9.05
GF Value ฿18.40
Valuation Possible Value Trap
! 8 Warning Signs
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What is Ocean Glass PCL Retained Earnings?

Ocean Glass PCL BKK:OGC 54 Retained Earnings is ฿324 Mil as of Mar. 2026. GuruFocus rates BKK:OGC with a GF Score™ of 54/100 and a GF Value™ of ฿18.40 (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. Ocean Glass PCL's retained earnings for the quarter that ended in Mar. 2026 was ฿324 Mil.

Ocean Glass PCL's quarterly retained earnings declined from Sep. 2025 (฿403 Mil) to Dec. 2025 (฿364 Mil) and declined from Dec. 2025 (฿364 Mil) to Mar. 2026 (฿324 Mil).

Ocean Glass PCL's annual retained earnings declined from Dec. 2023 (฿577 Mil) to Dec. 2024 (฿459 Mil) and declined from Dec. 2024 (฿459 Mil) to Dec. 2025 (฿364 Mil).


Ocean Glass PCL  (BKK:OGC) 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.


Ocean Glass PCL Retained Earnings Historical Data

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The historical data trend for Ocean Glass 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.

Ocean Glass PCL Retained Earnings Chart

Ocean Glass 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 539.89 575.59 577.45 459.33 364.18

Ocean Glass 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 430.64 401.97 403.38 364.18 324.45
BKK:OGC
54GF Score
Ocean Glass PCL BKK:OGC
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocean Glass 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 ฿324 Mil mean?
Ocean Glass PCL (BKK:OGC) has a Retained Earnings of ฿324 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ocean Glass PCL and its competitors.
Is Ocean Glass PCL's Retained Earnings too high?
Ocean Glass PCL's current Retained Earnings is ฿324 Mil. Overall, Ocean Glass PCL has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Glass PCL's Retained Earnings compare to SN and SGI?
Ocean Glass PCL's Retained Earnings of ฿324 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Retained Earnings depends on the Furnishings, Fixtures & Appliances 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 Ocean Glass PCL and its competitors. Ocean Glass PCL's current Retained Earnings is ฿324 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Glass PCL stock overvalued right now?
Based on GuruFocus' analysis, Ocean Glass PCL (BKK:OGC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿18.40, compared to a current price of ฿9.05 — trading 50.8% below its estimated fair value. The current Retained Earnings is ฿324 Mil. Ocean Glass PCL's overall GF Score™ is 54/100 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 Ocean Glass PCL (BKK:OGC), the current Retained Earnings is ฿324 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 Ocean Glass PCL (BKK:OGC) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Glass PCL stock appears to be undervalued. The current stock price of ฿9.05 is trading 50.8% below its estimated GF Value™ of ฿18.40. GuruFocus considers Ocean Glass PCL to be Possible Value Trap.

Key valuation signals for BKK:OGC:

  • Retained Earnings: ฿324 Mil
  • GF Value™: ฿18.40 vs. price of ฿9.05 (50.8% below fair value)
  • GF Score™: 54/100 with 8 warning signs

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


Ocean Glass PCL Business Description

Address Sukhumvit 19 Road (Soi Wattana, 75/3 and 75/88-90 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110
Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.
54GF Score

Get the complete analysis for BKK:OGC

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

฿9.05
Price
฿18.40
GF Value