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Tata Steel Thailand PCL (BKK:TSTH) Retained Earnings : ฿247 Mil (As of Mar. 2024)


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What is Tata Steel Thailand PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tata Steel Thailand PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿247 Mil.

Tata Steel Thailand PCL's quarterly retained earnings declined from Sep. 2023 (฿163 Mil) to Dec. 2023 (฿55 Mil) but then increased from Dec. 2023 (฿55 Mil) to Mar. 2024 (฿247 Mil).

Tata Steel Thailand PCL's annual retained earnings increased from Mar. 2022 (฿161 Mil) to Mar. 2023 (฿411 Mil) but then declined from Mar. 2023 (฿411 Mil) to Mar. 2024 (฿247 Mil).


Tata Steel Thailand PCL Retained Earnings Historical Data

The historical data trend for Tata Steel Thailand 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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Tata Steel Thailand PCL Retained Earnings Chart

Tata Steel Thailand PCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,108.99 -2,454.96 160.82 410.60 247.48

Tata Steel Thailand PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 410.60 460.81 162.62 55.26 247.48

Tata Steel Thailand 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.


Tata Steel Thailand PCL  (BKK:TSTH) 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.


Tata Steel Thailand PCL (BKK:TSTH) Business Description

Traded in Other Exchanges
Address
555 Phaholyothin Road, Rasa Tower 2, 20th Floor, Chatuchak Sub-district, Chatuchak District, Bangkok, THA, 10900
Tata Steel Thailand PCL is a Thailand-based holding company which is engaged in investing in other companies and providing management services. It is engaged in manufacturing, rendering manufacturing services, distributing and trading of steel bars, wire rods, and small-section products through its subsidiaries. The company operates in a single segment being the Manufacturing and distribution of long steel products. The product line of the company includes rebar, deformed bar, round bar, seismic bar, cut and bend bars, wire roads including high carbon wire rods and low carbon, special wire rods, and others.

Tata Steel Thailand PCL (BKK:TSTH) Headlines

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