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Aftab Automobiles (DHA:AFTABAUTO) Retained Earnings : BDT2,043.8 Mil (As of Dec. 2024)


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What is Aftab Automobiles Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aftab Automobiles's retained earnings for the quarter that ended in Dec. 2024 was BDT2,043.8 Mil.

Aftab Automobiles's quarterly retained earnings declined from Jun. 2024 (BDT2,191.0 Mil) to Sep. 2024 (BDT2,069.5 Mil) and declined from Sep. 2024 (BDT2,069.5 Mil) to Dec. 2024 (BDT2,043.8 Mil).

Aftab Automobiles's annual retained earnings declined from Jun. 2022 (BDT2,518.4 Mil) to Jun. 2023 (BDT2,413.9 Mil) and declined from Jun. 2023 (BDT2,413.9 Mil) to Jun. 2024 (BDT2,191.0 Mil).


Aftab Automobiles Retained Earnings Historical Data

The historical data trend for Aftab Automobiles'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.

Aftab Automobiles Retained Earnings Chart

Aftab Automobiles Annual Data
Trend Aug14 Aug15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,812.20 2,591.85 2,518.36 2,413.93 2,191.04

Aftab Automobiles 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 2,315.18 2,192.04 2,191.04 2,069.48 2,043.83

Aftab Automobiles 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.


Aftab Automobiles  (DHA:AFTABAUTO) 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.


Aftab Automobiles Business Description

Traded in Other Exchanges
N/A
Address
205-207, Tejgaon I/A, Dhaka, BGD, 1208
Aftab Automobiles Ltd is an assembler-cum-manufacturer of Toyota and Hino vehicles. The company is mainly a vehicle assembler and bus-body fabricator. The principal activities of the company were assembling Toyota Land Cruiser soft top/pick up, Land Cruiser Prado, Hino Bus, and Hino Mini Bus/Truck with a yearly production capacity of two thousand four hundred units of vehicles in three shifts. The company produces and markets batteries through its subsidiary. The company operates in three reportable segments assembling unit, motorcycle unit, and body unit. the company operates its's business in Bangladesh.

Aftab Automobiles Headlines

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