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Thai Union Group PCL (BKK:TU-F) Retained Earnings : ฿18,776 Mil (As of Mar. 2024)


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What is Thai Union Group PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Thai Union Group PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿18,776 Mil.

Thai Union Group PCL's quarterly retained earnings declined from Sep. 2023 (฿36,335 Mil) to Dec. 2023 (฿18,891 Mil) and declined from Dec. 2023 (฿18,891 Mil) to Mar. 2024 (฿18,776 Mil).

Thai Union Group PCL's annual retained earnings increased from Dec. 2021 (฿36,778 Mil) to Dec. 2022 (฿39,635 Mil) but then declined from Dec. 2022 (฿39,635 Mil) to Dec. 2023 (฿18,891 Mil).


Thai Union Group PCL Retained Earnings Historical Data

The historical data trend for Thai Union Group 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.

Thai Union Group PCL Retained Earnings Chart

Thai Union Group PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31,358.20 33,235.05 36,777.99 39,634.82 18,890.82

Thai Union Group 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 39,933.63 36,511.97 36,334.97 18,890.82 18,775.69

Thai Union Group 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.


Thai Union Group PCL  (BKK:TU-F) 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.


Thai Union Group PCL (BKK:TU-F) Business Description

Address
72/1 Moo 7, Sethakit 1 Road, Tambon Tarsrai, Amphur Muangsamutsakorn, Samut sakhon, THA, 74000
Thai Union Group PCL is a global seafood-based food products company. The company sells its products locally in Thailand, as well as in North America and Europe. The business categories are ambient seafood (tuna, salmon, sardine, mackerel); frozen and chilled seafood and related product (shrimp, lobster, salmon); and pet care and value-added. In North America, Thai Union's portfolio contains tuna, salmon, and sardines, sold in different varieties under the Chicken of the Sea and Genova brands. In Europe, the company offers seafood and fish products under brands such as John West, Petit Navire, Parmentier, King Oscar, Mareblum, and Rugen Fisch. In Asia-Pacific, the local brands are Century, Sealect, Fisho, Bellotta, and Marvo.

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