Aftab Automobiles (DHA:AFTABAUTO) Retained Earnings: BDT1,773.3 Mil (As of Mar. 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.

DHA:AFTABAUTO Aftab Automobiles Ltd DHA:AFTABAUTO
69 GF Score
Price BDT30.70
GF Value BDT37.58
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Aftab Automobiles Retained Earnings?

Aftab Automobiles DHA:AFTABAUTO -0.65% 69 Retained Earnings is BDT1,773.3 Mil as of Mar. 2026. GuruFocus rates DHA:AFTABAUTO with a GF Score™ of 69/100 and a GF Value™ of BDT37.58 (Modestly Undervalued). The stock has 4 warning signs investors should review.

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 Mar. 2026 was BDT1,773.3 Mil.

Aftab Automobiles's quarterly retained earnings declined from Sep. 2025 (BDT1,914.6 Mil) to Dec. 2025 (BDT1,812.4 Mil) and declined from Dec. 2025 (BDT1,812.4 Mil) to Mar. 2026 (BDT1,773.3 Mil).

Aftab Automobiles's annual retained earnings declined from Jun. 2023 (BDT2,413.9 Mil) to Jun. 2024 (BDT2,191.0 Mil) and declined from Jun. 2024 (BDT2,191.0 Mil) to Jun. 2025 (BDT1,972.2 Mil).


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 Retained Earnings Historical Data

* Premium members only.

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.

Aftab Automobiles Retained Earnings Chart

Aftab Automobiles Annual Data
Trend Aug15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,591.85 2,518.36 2,413.93 2,191.04 1,972.17

Aftab Automobiles Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2,009.48 1,972.17 1,914.62 1,812.41 1,773.29
DHA:AFTABAUTO
69GF Score
Aftab Automobiles Ltd DHA:AFTABAUTO
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of BDT1,773.3 Mil mean?
Aftab Automobiles (DHA:AFTABAUTO) has a Retained Earnings of BDT1,773.3 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Aftab Automobiles and its competitors.
Is Aftab Automobiles' Retained Earnings too high?
Aftab Automobiles' current Retained Earnings is BDT1,773.3 Mil. Overall, Aftab Automobiles has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aftab Automobiles' Retained Earnings compare to TSLA and GM?
Aftab Automobiles' Retained Earnings of BDT1,773.3 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Retained Earnings depends on the Vehicles & Parts 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 Aftab Automobiles and its competitors. Aftab Automobiles's current Retained Earnings is BDT1,773.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aftab Automobiles stock overvalued right now?
Based on GuruFocus' analysis, Aftab Automobiles (DHA:AFTABAUTO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT37.58, compared to a current price of BDT30.70 — trading 18.3% below its estimated fair value. The current Retained Earnings is BDT1,773.3 Mil. Aftab Automobiles' overall GF Score™ is 69/100 with 4 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 Aftab Automobiles (DHA:AFTABAUTO), the current Retained Earnings is BDT1,773.3 Mil as of Mar. 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 Aftab Automobiles (DHA:AFTABAUTO) Overvalued in 2026?

Based on GuruFocus' analysis, Aftab Automobiles stock appears to be undervalued. The current stock price of BDT30.70 is trading 18.3% below its estimated GF Value™ of BDT37.58. GuruFocus considers Aftab Automobiles to be Modestly Undervalued.

Key valuation signals for DHA:AFTABAUTO:

  • Retained Earnings: BDT1,773.3 Mil
  • GF Value™: BDT37.58 vs. price of BDT30.70 (18.3% below fair value)
  • GF Score™: 69/100 with 4 warning signs

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


Aftab Automobiles Business Description

Address 205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208
Aftab Automobiles Ltd is mainly a vehicle assembler and bus body fabricator operating in Bangladesh. The company has been assembling Toyota and Hino vehicles. Its activities include assembling Toyota Land Cruiser soft top and pick up, Land Cruiser Prado, Hino bus, and Hino mini bus and truck chassis, with a yearly production capacity in three shifts. Presently, the company is mainly engaged in assembling Hino bus chassis and bus body fabrication, including luxury buses that operate on routes across the country as well as international routes. The company operates through three operating segments, namely the assembling unit, motorcycle unit, and body unit, with the majority of revenue generated from the assembling unit. The company operates in Bangladesh.
69GF Score

Get the complete analysis for DHA:AFTABAUTO

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

BDT30.70
Price
BDT37.58
GF Value