Thachang Green Energy PCL (BKK:TGE) Retained Earnings: ฿950 Mil (As of Jun. 2026)

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BKK:TGE Thachang Green Energy PCL BKK:TGE
74 GF Score
Price ฿1.11
GF Value ฿1.61
Valuation Possible Value Trap
! 5 Warning Signs
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What is Thachang Green Energy PCL Retained Earnings?

Thachang Green Energy PCL BKK:TGE -1.77% 74 Retained Earnings is ฿950 Mil as of Jun. 2026. GuruFocus rates BKK:TGE with a GF Score™ of 74/100 and a GF Value™ of ฿1.61 (Possible Value Trap). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Thachang Green Energy PCL's retained earnings for the quarter that ended in Jun. 2026 was ฿950 Mil.

Thachang Green Energy PCL's quarterly retained earnings increased from Dec. 2025 (฿862 Mil) to Mar. 2026 (฿910 Mil) and increased from Mar. 2026 (฿910 Mil) to Jun. 2026 (฿950 Mil).

Thachang Green Energy PCL's annual retained earnings increased from Dec. 2023 (฿406 Mil) to Dec. 2024 (฿642 Mil) and increased from Dec. 2024 (฿642 Mil) to Dec. 2025 (฿862 Mil).


Thachang Green Energy PCL  (BKK:TGE) 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.


Thachang Green Energy PCL Retained Earnings Historical Data

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The historical data trend for Thachang Green Energy 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.

Thachang Green Energy PCL Retained Earnings Chart

Thachang Green Energy PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 332.52 173.71 405.99 642.41 861.66

Thachang Green Energy PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 752.26 814.70 861.66 910.40 949.67
BKK:TGE
74GF Score
Thachang Green Energy PCL BKK:TGE
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Thachang Green Energy 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ฿950 Mil mean?
Thachang Green Energy PCL (BKK:TGE) has a Retained Earnings of ฿950 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Thachang Green Energy PCL and its competitors.
Is Thachang Green Energy PCL's Retained Earnings too high?
Thachang Green Energy PCL's current Retained Earnings is ฿950 Mil. Overall, Thachang Green Energy PCL has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thachang Green Energy PCL's Retained Earnings compare to competitors?
Thachang Green Energy PCL's Retained Earnings of ฿950 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Retained Earnings depends on the Utilities - Independent Power Producers 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 Thachang Green Energy PCL and its competitors. Thachang Green Energy PCL's current Retained Earnings is ฿950 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thachang Green Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Thachang Green Energy PCL (BKK:TGE) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.61, compared to a current price of ฿1.11 — trading 31.1% below its estimated fair value. The current Retained Earnings is ฿950 Mil. Thachang Green Energy PCL's overall GF Score™ is 74/100 with 5 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 Thachang Green Energy PCL (BKK:TGE), the current Retained Earnings is ฿950 Mil as of Jun. 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 Thachang Green Energy PCL (BKK:TGE) Overvalued in 2026?

Based on GuruFocus' analysis, Thachang Green Energy PCL stock appears to be undervalued. The current stock price of ฿1.11 is trading 31.1% below its estimated GF Value™ of ฿1.61. GuruFocus considers Thachang Green Energy PCL to be Possible Value Trap.

Key valuation signals for BKK:TGE:

  • Retained Earnings: ฿950 Mil
  • GF Value™: ฿1.61 vs. price of ฿1.11 (31.1% below fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the BKK:TGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thachang Green Energy PCL Business Description

Address Moo 3, No. 159, Tambon Tha Chang, Amphoe Tha Chang, Surat Thani Province, THA, 84150
Thachang Green Energy PCL is engaged in generating and supplying electricity and steam from biomass. The group has two segments, which are comprised of the biomass power plant business and waste power plant business. The company derives the majority of its revenue from the Biomass Power plant segment.
74GF Score

Get the complete analysis for BKK:TGE

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.11
Price
฿1.61
GF Value