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Quality Houses Leasehold Property Fund (BKK:QHPF) Retained Earnings : ฿111 Mil (As of Mar. 2024)


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What is Quality Houses Leasehold Property Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Quality Houses Leasehold Property Fund's retained earnings for the quarter that ended in Mar. 2024 was ฿111 Mil.

Quality Houses Leasehold Property Fund's quarterly retained earnings declined from Sep. 2023 (฿569 Mil) to Dec. 2023 (฿232 Mil) and declined from Dec. 2023 (฿232 Mil) to Mar. 2024 (฿111 Mil).

Quality Houses Leasehold Property Fund's annual retained earnings declined from Dec. 2021 (฿1,096 Mil) to Dec. 2022 (฿781 Mil) and declined from Dec. 2022 (฿781 Mil) to Dec. 2023 (฿232 Mil).


Quality Houses Leasehold Property Fund Retained Earnings Historical Data

The historical data trend for Quality Houses Leasehold Property Fund'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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Quality Houses Leasehold Property Fund Retained Earnings Chart

Quality Houses Leasehold Property Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,549.41 1,559.75 1,095.63 781.26 232.37

Quality Houses Leasehold Property Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 634.02 609.36 569.17 232.37 111.42

Quality Houses Leasehold Property Fund 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.


Quality Houses Leasehold Property Fund  (BKK:QHPF) 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.


Quality Houses Leasehold Property Fund (BKK:QHPF) Business Description

Traded in Other Exchanges
N/A
Address
11 South Sathorn Road, 14th Floor Q House Sathorn Building, Tungmahamek, Sathorn, Bangkok, THA, 10120
Quality Houses Leasehold Property Fund is a Thailand-based closed-end property fund. It purchases, leases, and subleases immovable properties, and seeks benefits by way of letting, subletting transfer, or disposal of those immovable properties. Its properties include the Q House Ploenchit Building, Q House Lumpini Building, and Wave Place Building. The company operates in one reportable operating segment, which is Rental of immovable properties. Its operations are located in Thailand.

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