SG Capital PCL (BKK:SGC) Retained Earnings : ฿-1,658 Mil (As of Mar. 2024)

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What is SG Capital PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SG Capital PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿-1,658 Mil.

SG Capital PCL's quarterly retained earnings increased from Sep. 2023 (฿-1,684 Mil) to Dec. 2023 (฿-1,676 Mil) and increased from Dec. 2023 (฿-1,676 Mil) to Mar. 2024 (฿-1,658 Mil).

SG Capital PCL's annual retained earnings increased from Dec. 2021 (฿762 Mil) to Dec. 2022 (฿954 Mil) but then declined from Dec. 2022 (฿954 Mil) to Dec. 2023 (฿-1,676 Mil).

SG Capital PCL Retained Earnings Historical Data

The historical data trend for SG Capital 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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SG Capital PCL Retained Earnings Chart

SG Capital PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-217.32

199.26

762.09

954.13

-1,675.82

SG Capital PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial							585.77	-1,692.44	-1,684.21	-1,675.82	-1,657.92

SG Capital 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.

SG Capital PCL (BKK:SGC) 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.

SG Capital PCL (BKK:SGC) Business Description

Industry

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Traded in Other Exchanges

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Address

No. 72 Charoen Krung Road, Telecommunication Tower, Building 20th Floor, Bangrak, Bangkok, THA, 10500

Website

https://www.sgcapital.co.th

SG Capital PCL is engaged in providing financial services to non-financial institutions. It offers various services such as hire-purchase of electrical appliances and household appliances, commercial appliances and machinery (Captive Finance); and loans with vehicle registration as collateral (trucks, passenger cars, commercial vehicles), debt consolidation welfare loans, and gold installment loans (Click2Gold) under the name SG Capital. The Company is managed and operates principally in Thailand.