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WICE Logistics PCL (BKK:WICE) Retained Earnings : ฿900 Mil (As of Dec. 2024)


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What is WICE Logistics PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. WICE Logistics PCL's retained earnings for the quarter that ended in Dec. 2024 was ฿900 Mil.

WICE Logistics PCL's quarterly retained earnings increased from Jun. 2024 (฿922 Mil) to Sep. 2024 (฿939 Mil) but then declined from Sep. 2024 (฿939 Mil) to Dec. 2024 (฿900 Mil).

WICE Logistics PCL's annual retained earnings declined from Dec. 2022 (฿1,084 Mil) to Dec. 2023 (฿956 Mil) and declined from Dec. 2023 (฿956 Mil) to Dec. 2024 (฿900 Mil).


WICE Logistics PCL Retained Earnings Historical Data

The historical data trend for WICE Logistics 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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WICE Logistics PCL Retained Earnings Chart

WICE Logistics PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.84 680.06 1,084.20 956.29 900.21

WICE Logistics PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 956.29 1,001.04 921.82 938.79 900.21

WICE Logistics 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.


WICE Logistics PCL  (BKK:WICE) 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.


WICE Logistics PCL Business Description

Traded in Other Exchanges
Address
88/8 Nonsee Road, Chong-Nonsee, Yannawa, Bangkok, THA, 10120
WICE Logistics PCL is a Thailand-based company. The company is engaged in international air and sea freight forwarding, customs broker, inland transportation, cross-border transport, multimodal transport operator, warehousing service and all freight-related services for imports and exports. The company has four reportable segments were sea freight, air freight, cross-border transport services and supply chain solution. It derives maximum profit from cross-border transport services.

WICE Logistics PCL Headlines

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