AFC Agro Biotech (DHA:AFCAGRO) Retained Earnings: BDT711.6 Mil (As of Mar. 2023)

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DHA:AFCAGRO AFC Agro Biotech Ltd DHA:AFCAGRO
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What is AFC Agro Biotech Retained Earnings?

AFC Agro Biotech DHA:AFCAGRO -1.39% 10 Retained Earnings is BDT711.6 Mil as of Mar. 2023. GuruFocus rates DHA:AFCAGRO with a GF Score™ of 10/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AFC Agro Biotech's retained earnings for the quarter that ended in Mar. 2023 was BDT711.6 Mil.

AFC Agro Biotech's quarterly retained earnings declined from Sep. 2022 (BDT712.8 Mil) to Dec. 2022 (BDT710.4 Mil) but then increased from Dec. 2022 (BDT710.4 Mil) to Mar. 2023 (BDT711.6 Mil).

AFC Agro Biotech's annual retained earnings increased from Jun. 2020 (BDT657.0 Mil) to Jun. 2021 (BDT674.4 Mil) and increased from Jun. 2021 (BDT674.4 Mil) to Jun. 2022 (BDT696.1 Mil).


AFC Agro Biotech  (DHA:AFCAGRO) 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.


AFC Agro Biotech Retained Earnings Historical Data

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The historical data trend for AFC Agro Biotech'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.

AFC Agro Biotech Retained Earnings Chart

AFC Agro Biotech Annual Data
Trend Dec13 Dec14 Jun15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 524.25 725.03 657.03 674.45 696.07

AFC Agro Biotech Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 714.91 696.07 712.81 710.45 711.60
DHA:AFCAGRO
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AFC Agro Biotech Ltd DHA:AFCAGRO
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AFC Agro Biotech 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 BDT711.6 Mil mean?
AFC Agro Biotech (DHA:AFCAGRO) has a Retained Earnings of BDT711.6 Mil as of Mar. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on AFC Agro Biotech and its competitors.
Is AFC Agro Biotech's Retained Earnings too high?
AFC Agro Biotech's current Retained Earnings is BDT711.6 Mil. Overall, AFC Agro Biotech has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does AFC Agro Biotech's Retained Earnings compare to ZTS and VTRS?
AFC Agro Biotech's Retained Earnings of BDT711.6 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Retained Earnings depends on the Drug Manufacturers 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 AFC Agro Biotech and its competitors. AFC Agro Biotech's current Retained Earnings is BDT711.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AFC Agro Biotech stock overvalued right now?
AFC Agro Biotech (DHA:AFCAGRO) has a current Retained Earnings of BDT711.6 Mil. The current Retained Earnings is BDT711.6 Mil. AFC Agro Biotech's overall GF Score™ is 10/100. 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 AFC Agro Biotech (DHA:AFCAGRO), the current Retained Earnings is BDT711.6 Mil as of Mar. 2023. 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.

AFC Agro Biotech Business Description

Address 214/D, Gulshan-Tejgaon Link Road, Navana Osman at Link, Dhaka, BGD, 1208
AFC Agro Biotech Ltd is a biotech products manufacturer. It is engaged in manufacturing biopharmaceuticals and biochemicals. It manufactures antibiotics, proteins, vaccines, enzymes from agricultural ingredients like molasses, glucose, potato starch, and other nutrients. The products manufactured by the company are macrolide protein, acetic acid, L-Lysine, monosodium glutamate, methionine, calcium hydrogen orthophosphate, magnesium carbonate, and sodium carbonate. It sells its products to the local markets in Bangladesh.
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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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