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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Siam Steel International PCL's retained earnings for the quarter that ended in Mar. 2026 was ฿1,689 Mil.
Siam Steel International PCL's quarterly retained earnings
declined
from Sep. 2025 (฿1,692 Mil) to Dec. 2025 (฿1,681 Mil) but then
increased
from Dec. 2025 (฿1,681 Mil) to Mar. 2026 (฿1,689 Mil).
Siam Steel International PCL's annual retained earnings
declined
from Dec. 2023 (฿1,782 Mil) to Dec. 2024 (฿1,673 Mil) but then
increased
from Dec. 2024 (฿1,673 Mil) to Dec. 2025 (฿1,681 Mil).
Siam Steel International PCL (BKK:SIAM) 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.
Siam Steel International PCL Retained Earnings Historical Data
* 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.
Siam Steel International PCL Retained Earnings Chart
Siam Steel International 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.
Siam Steel International PCL (BKK:SIAM) has a Retained Earnings of ฿1,689 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Siam Steel International PCL and its competitors.
Is Siam Steel International PCL's Retained Earnings too high?
Siam Steel International PCL's current Retained Earnings is ฿1,689 Mil. Overall, Siam Steel International PCL has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siam Steel International PCL's Retained Earnings compare to SN and SGI?
Siam Steel International PCL's Retained Earnings of ฿1,689 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Retained Earnings depends on the Furnishings, Fixtures & Appliances 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 Siam Steel International PCL and its competitors. Siam Steel International PCL's current Retained Earnings is ฿1,689 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Steel International PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Steel International PCL (BKK:SIAM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.67, compared to a current price of ฿0.78 — trading 16.4% above its estimated fair value. The current Retained Earnings is ฿1,689 Mil. Siam Steel International PCL's overall GF Score™ is 43/100 with 3 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 Siam Steel International PCL (BKK:SIAM), the current Retained Earnings is ฿1,689 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 Siam Steel International PCL (BKK:SIAM) Overvalued in 2026?
Based on GuruFocus' analysis, Siam Steel International PCL stock appears to be overvalued.
The current stock price of ฿0.78 is trading 16.4% above its estimated GF Value™ of ฿0.67.
GuruFocus considers Siam Steel International PCL to be Modestly Overvalued.
Key valuation signals for BKK:SIAM:
Retained Earnings: ฿1,689 Mil
GF Value™: ฿0.67 vs. price of ฿0.78 (16.4% above fair value)
No single metric tells the full story. See the BKK:SIAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siam Steel International PCL is engaged in the manufacturing and sales of steel office equipment and furniture parts, construction services and alternative energy sector. The company manufactures and sells steel furniture under the brands LUCKY KINGDOM, OKAMURA, CHITOSE, and PILOT, and wooden furniture, including freestanding and built-in products, under the KINGDOM brand. It also provides interior design services for office and residential spaces, and manufactures and sells prefabricated buildings under the LUCKY Hi-Tech Building System brand. Its business segments are manufacturing and sales and of furniture, construction services and alternative energy sector. The majority of the company's revenue is generated from the Furniture segment. Geographically, it operates only in Thailand.
43GF Score
Get the complete analysis for BKK:SIAM
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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