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Safari World PCL (BKK:SAFARI) Retained Earnings : ฿-1,740 Mil (As of Jun. 2024)


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What is Safari World PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Safari World PCL's retained earnings for the quarter that ended in Jun. 2024 was ฿-1,740 Mil.

Safari World PCL's quarterly retained earnings increased from Dec. 2023 (฿-1,753 Mil) to Mar. 2024 (฿-1,658 Mil) but then declined from Mar. 2024 (฿-1,658 Mil) to Jun. 2024 (฿-1,740 Mil).

Safari World PCL's annual retained earnings declined from Dec. 2021 (฿-713 Mil) to Dec. 2022 (฿-1,273 Mil) and declined from Dec. 2022 (฿-1,273 Mil) to Dec. 2023 (฿-1,753 Mil).


Safari World PCL Retained Earnings Historical Data

The historical data trend for Safari World 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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Safari World PCL Retained Earnings Chart

Safari World PCL 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 813.47 157.86 -712.77 -1,272.97 -1,752.99

Safari World PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -1,476.86 -1,914.26 -1,752.99 -1,657.99 -1,740.22

Safari World 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.


Safari World PCL  (BKK:SAFARI) 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.


Safari World PCL Business Description

Traded in Other Exchanges
N/A
Address
99 Panyaindra Road, Kwang Samwatawantok, Khet Klongsamwa, Bangkok, THA, 10510
Safari World PCL is engaged in tourism and leisure related activities related to Thai culture. The company is involved in the operation of the open zoo, marine parks and theme park, among others. Geographically the group operates in a single geographical segment which is Thailand. The business segments of the group are Tickets, Food and beverage, Transportation services, Souvenirs, Games and rides, Photograph sales and Animal feed sales, of which a majority of revenue is derived from the sale of tickets.

Safari World PCL Headlines

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