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Samchai Steel Industries PCL (BKK:SAM) Retained Earnings : ฿-560 Mil (As of Dec. 2024)


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What is Samchai Steel Industries PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Samchai Steel Industries PCL's retained earnings for the quarter that ended in Dec. 2024 was ฿-560 Mil.

Samchai Steel Industries PCL's quarterly retained earnings declined from Jun. 2024 (฿-544 Mil) to Sep. 2024 (฿-588 Mil) but then increased from Sep. 2024 (฿-588 Mil) to Dec. 2024 (฿-560 Mil).

Samchai Steel Industries PCL's annual retained earnings declined from Dec. 2022 (฿-357 Mil) to Dec. 2023 (฿-449 Mil) and declined from Dec. 2023 (฿-449 Mil) to Dec. 2024 (฿-560 Mil).


Samchai Steel Industries PCL Retained Earnings Historical Data

The historical data trend for Samchai Steel Industries 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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Samchai Steel Industries PCL Retained Earnings Chart

Samchai Steel Industries 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 -351.00 -189.87 -356.79 -449.11 -559.57

Samchai Steel Industries PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -449.11 -561.46 -544.21 -588.18 -559.57

Samchai Steel Industries 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.


Samchai Steel Industries PCL  (BKK:SAM) 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.


Samchai Steel Industries PCL Business Description

Traded in Other Exchanges
N/A
Address
Ekkachai Road, 75/14, 75/17, 85 Soi Wat Sopanaram, Tumbol Kokkham, Amphur Muang, Samutsakorn, THA, 74000
Samchai Steel Industries PCL is a Thailand-based manufacturer of steel pipes and tubes. The company's products include black steel pipes, galvanized steel pipes, structural steel pipes, furniture pipes, and hot-rolled steel plates and sheets. Its products are mainly used in the construction and furniture industries. Geographically, it operates in both domestic and overseas markets. The company generates a majority of its revenue from the domestic market.