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PT Palma Serasih Tbk (ISX:PSGO) Retained Earnings : Rp373,250 Mil (As of Sep. 2024)


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What is PT Palma Serasih Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Palma Serasih Tbk's retained earnings for the quarter that ended in Sep. 2024 was Rp373,250 Mil.

PT Palma Serasih Tbk's quarterly retained earnings declined from Mar. 2024 (Rp434,185 Mil) to Jun. 2024 (Rp270,593 Mil) but then increased from Jun. 2024 (Rp270,593 Mil) to Sep. 2024 (Rp373,250 Mil).

PT Palma Serasih Tbk's annual retained earnings increased from Dec. 2021 (Rp-437,878 Mil) to Dec. 2022 (Rp-180,196 Mil) and increased from Dec. 2022 (Rp-180,196 Mil) to Dec. 2023 (Rp369,048 Mil).


PT Palma Serasih Tbk Retained Earnings Historical Data

The historical data trend for PT Palma Serasih Tbk'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.

PT Palma Serasih Tbk Retained Earnings Chart

PT Palma Serasih Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -677,839.92 -651,719.99 -437,878.00 -180,195.90 369,048.31

PT Palma Serasih Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -50,032.05 369,048.31 434,185.20 270,593.00 373,250.13

PT Palma Serasih Tbk 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.


PT Palma Serasih Tbk  (ISX:PSGO) 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.


PT Palma Serasih Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. HR. Rasuna Said Kav. B-6, Graha Arda Building 7th Floor Zone B, Jakarta Selatan, Jakarta, IDN, 12910
PT Palma Serasih Tbk is a crude palm oil producer in Indonesia. The company operates into one business segment covering plantations and palm oil processing, located in the East Kalimantan province of Indonesia, with an Indonesian customer market segment.

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