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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Phatra Leasing PCL's retained earnings for the quarter that ended in Mar. 2026 was ฿1,773 Mil.
Phatra Leasing PCL's quarterly retained earnings
increased
from Sep. 2025 (฿1,748 Mil) to Dec. 2025 (฿1,757 Mil) and
increased
from Dec. 2025 (฿1,757 Mil) to Mar. 2026 (฿1,773 Mil).
Phatra Leasing PCL's annual retained earnings
declined
from Dec. 2023 (฿1,867 Mil) to Dec. 2024 (฿1,693 Mil) but then
increased
from Dec. 2024 (฿1,693 Mil) to Dec. 2025 (฿1,757 Mil).
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.
Phatra Leasing PCL Retained Earnings Historical Data
* Premium members only.
The historical data trend for Phatra Leasing 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.
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.
Phatra Leasing PCL (BKK:PL) has a Retained Earnings of ฿1,773 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Phatra Leasing PCL and its competitors.
Is Phatra Leasing PCL's Retained Earnings too high?
Phatra Leasing PCL's current Retained Earnings is ฿1,773 Mil. Overall, Phatra Leasing PCL has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Phatra Leasing PCL's Retained Earnings compare to URI and SUNB?
Phatra Leasing PCL's Retained Earnings of ฿1,773 Mil can be compared against companies in the Business 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 Business Services company?
A good Retained Earnings depends on the Business 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 Phatra Leasing PCL and its competitors. Phatra Leasing PCL's current Retained Earnings is ฿1,773 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phatra Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Phatra Leasing PCL (BKK:PL) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.51, compared to a current price of ฿1.37 — trading 9.3% below its estimated fair value. The current Retained Earnings is ฿1,773 Mil. Phatra Leasing PCL's overall GF Score™ is 58/100 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 Phatra Leasing PCL (BKK:PL), the current Retained Earnings is ฿1,773 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 Phatra Leasing PCL (BKK:PL) Overvalued in 2026?
Based on GuruFocus' analysis, Phatra Leasing PCL stock appears to be undervalued.
The current stock price of ฿1.37 is trading 9.3% below its estimated GF Value™ of ฿1.51.
GuruFocus considers Phatra Leasing PCL to be Fairly Valued.
Key valuation signals for BKK:PL:
Retained Earnings: ฿1,773 Mil
GF Value™: ฿1.51 vs. price of ฿1.37 (9.3% below fair value)
No single metric tells the full story. See the BKK:PL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phatra Leasing PCL is engaged in the provision of leasing services. The company operates in two segments; the Land Vehicle segment and the Others segment. The company provides PL Auto Leasing services in both operating leases and financial leases for vehicles such as cars, including executive cars, and cars used in the organization, with comprehensive services ranging from car procurement, and others; and PL Commercial Leasing provides leasing services in the form of financial leases for a variety of other commercial properties, such as medical equipment, machinery, computers, and general equipment. The Company operates only in Thailand. The Land Vehicle segment accounts for a majority of the company's revenue.
58GF Score
Get the complete analysis for BKK:PL
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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