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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. 2026 was ฿-1,060 Mil.
SG Capital PCL's quarterly retained earnings
increased
from Sep. 2025 (฿-1,347 Mil) to Dec. 2025 (฿-1,236 Mil) and
increased
from Dec. 2025 (฿-1,236 Mil) to Mar. 2026 (฿-1,060 Mil).
SG Capital PCL's annual retained earnings
increased
from Dec. 2023 (฿-1,676 Mil) to Dec. 2024 (฿-1,585 Mil) and
increased
from Dec. 2024 (฿-1,585 Mil) to Dec. 2025 (฿-1,236 Mil).
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 Retained Earnings Historical Data
* Premium members only.
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.
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.
What does a Retained Earnings of ฿-1,060 Mil mean?
SG Capital PCL (BKK:SGC) has a Retained Earnings of ฿-1,060 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on SG Capital PCL and its competitors.
Is SG Capital PCL's Retained Earnings too high?
SG Capital PCL's current Retained Earnings is ฿-1,060 Mil. Overall, SG Capital PCL has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SG Capital PCL's Retained Earnings compare to V and MA?
SG Capital PCL's Retained Earnings of ฿-1,060 Mil can be compared against companies in the Credit 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 Credit Services company?
A good Retained Earnings depends on the Credit 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 SG Capital PCL and its competitors. SG Capital PCL's current Retained Earnings is ฿-1,060 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SG Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, SG Capital PCL (BKK:SGC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.92, compared to a current price of ฿1.80 — trading 95.7% above its estimated fair value. The current Retained Earnings is ฿-1,060 Mil. SG Capital PCL's overall GF Score™ is 47/100 with 7 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 SG Capital PCL (BKK:SGC), the current Retained Earnings is ฿-1,060 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 SG Capital PCL (BKK:SGC) Overvalued in 2026?
Based on GuruFocus' analysis, SG Capital PCL stock appears to be overvalued.
The current stock price of ฿1.80 is trading 95.7% above its estimated GF Value™ of ฿0.92.
GuruFocus considers SG Capital PCL to be Significantly Overvalued.
Key valuation signals for BKK:SGC:
Retained Earnings: ฿-1,060 Mil
GF Value™: ฿0.92 vs. price of ฿1.80 (95.7% above fair value)
No single metric tells the full story. See the BKK:SGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SG Capital PCL is engaged in providing financial services to non-financial institutions. It involves sales by hire purchase contracts of electrical appliances, commercial product, mobile phones and vehicles, and loan receivables and others. The company 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.
47GF Score
Get the complete analysis for BKK:SGC
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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