Winner Group Enterprise PCL (BKK:WINNER-R) Retained Earnings: ฿404 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:WINNER-R Winner Group Enterprise PCL BKK:WINNER-R
79 GF Score
Price ฿2.26
GF Value ฿2.24
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Winner Group Enterprise PCL Retained Earnings?

Winner Group Enterprise PCL BKK:WINNER-R 79 Retained Earnings is ฿404 Mil as of Jun. 2026. GuruFocus rates BKK:WINNER-R with a GF Score™ of 79/100 and a GF Value™ of ฿2.24 (Fairly Valued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Winner Group Enterprise PCL's retained earnings for the quarter that ended in Jun. 2026 was ฿404 Mil.

Winner Group Enterprise PCL's quarterly retained earnings increased from Dec. 2025 (฿340 Mil) to Mar. 2026 (฿424 Mil) but then declined from Mar. 2026 (฿424 Mil) to Jun. 2026 (฿404 Mil).

Winner Group Enterprise PCL's annual retained earnings increased from Dec. 2023 (฿304 Mil) to Dec. 2024 (฿310 Mil) and increased from Dec. 2024 (฿310 Mil) to Dec. 2025 (฿340 Mil).


Winner Group Enterprise PCL  (BKK:WINNER-R) 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.


Winner Group Enterprise PCL Retained Earnings Historical Data

* Premium members only.

The historical data trend for Winner Group Enterprise 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.

Winner Group Enterprise PCL Retained Earnings Chart

Winner Group Enterprise 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 369.67 273.82 303.60 309.78 339.71

Winner Group Enterprise 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 318.20 298.11 339.71 424.21 404.44
BKK:WINNER-R
79GF Score
Winner Group Enterprise PCL BKK:WINNER-R
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Winner Group Enterprise 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 ฿404 Mil mean?
Winner Group Enterprise PCL (BKK:WINNER-R) has a Retained Earnings of ฿404 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Winner Group Enterprise PCL and its competitors.
Is Winner Group Enterprise PCL's Retained Earnings too high?
Winner Group Enterprise PCL's current Retained Earnings is ฿404 Mil. Overall, Winner Group Enterprise PCL has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Winner Group Enterprise PCL's Retained Earnings compare to KHC and GIS?
Winner Group Enterprise PCL's Retained Earnings of ฿404 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods 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 Winner Group Enterprise PCL and its competitors. Winner Group Enterprise PCL's current Retained Earnings is ฿404 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winner Group Enterprise PCL stock overvalued right now?
Based on GuruFocus' analysis, Winner Group Enterprise PCL (BKK:WINNER-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.24, compared to a current price of ฿2.26 — trading 0.7% above its estimated fair value. The current Retained Earnings is ฿404 Mil. Winner Group Enterprise PCL's overall GF Score™ is 79/100 with 3 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 Winner Group Enterprise PCL (BKK:WINNER-R), the current Retained Earnings is ฿404 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 Winner Group Enterprise PCL (BKK:WINNER-R) Overvalued in 2026?

Based on GuruFocus' analysis, Winner Group Enterprise PCL stock appears to be overvalued. The current stock price of ฿2.26 is trading 0.7% above its estimated GF Value™ of ฿2.24. GuruFocus considers Winner Group Enterprise PCL to be Fairly Valued.

Key valuation signals for BKK:WINNER-R:

  • Retained Earnings: ฿404 Mil
  • GF Value™: ฿2.24 vs. price of ฿2.26 (0.7% above fair value)
  • GF Score™: 79/100 with 3 warning signs

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


Winner Group Enterprise PCL Business Description

Other Exchanges WINNER:Thailand
Address South Sathorn Road, 43 Thai CC Tower, 21st Floor, Room 214-219, Yannawa, Sathorn, Bangkok, THA, 10120
Winner Group Enterprise PCL is a Thailand-based company involved in the packaged food business sector. It is principally engaged in the manufacture, import, and distribution of raw materials, ingredients, chemicals, food, and consumer products. Its operations are carried out only in Thailand.
79GF Score

Get the complete analysis for BKK:WINNER-R

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

฿2.26
Price
฿2.24
GF Value