GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tanachira Retail Corp PCL (BKK:TAN) » Definitions » Retained Earnings

Tanachira Retail PCL (BKK:TAN) Retained Earnings : ฿98.7 Mil (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Tanachira Retail PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tanachira Retail PCL's retained earnings for the quarter that ended in Jun. 2024 was ฿98.7 Mil.

Tanachira Retail PCL's quarterly retained earnings increased from Dec. 2023 (฿79.2 Mil) to Mar. 2024 (฿139.6 Mil) but then declined from Mar. 2024 (฿139.6 Mil) to Jun. 2024 (฿98.7 Mil).

Tanachira Retail PCL's annual retained earnings increased from Dec. 2021 (฿144.8 Mil) to Dec. 2022 (฿273.5 Mil) but then declined from Dec. 2022 (฿273.5 Mil) to Dec. 2023 (฿79.2 Mil).


Tanachira Retail PCL Retained Earnings Historical Data

The historical data trend for Tanachira Retail 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.

* Premium members only.

Tanachira Retail PCL Retained Earnings Chart

Tanachira Retail PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
180.12 144.80 273.51 79.20

Tanachira Retail PCL Quarterly Data
Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only - 143.53 79.20 139.59 98.69

Tanachira Retail 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.


Tanachira Retail PCL  (BKK:TAN) 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.


Tanachira Retail PCL Business Description

Traded in Other Exchanges
N/A
Address
999/9 Rama 1 Road, Room OFMH 2807 & 2812, 28th floor, The Offices at Central World, Patumwan, Bangkok, THA, 10330
Tanachira Retail Corp PCL is a Thailand based retailer importing lifestyle and fashion products. It is principally engaged in the distribution of diamond jewelry, gemstone jewelry and gems and also provides other products and services through its different brands. Based on its products and services the company has the following reportable segments, The jewelry segment, Leather goods, bags, shoes, clothes, furniture and home decorations. Import, export and distribution of clothing, bags and miscellaneous goods, and the incense segment which includes distribution and export of incense, skin care products and provision of spa services. The substantial portion of company's overall revenue is generated from its jewelry segment.

Tanachira Retail PCL Headlines

From GuruFocus

Top 5 3rd Quarter Trades of Canton Hathaway, LLC

By GuruFocus Research GuruFocus Editor 10-17-2022