GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Summarecon Agung Tbk (ISX:SMRA) » Definitions » Retained Earnings

PT Summarecon Agung Tbk (ISX:SMRA) Retained Earnings : Rp7,176,183 Mil (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is PT Summarecon Agung Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Summarecon Agung Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp7,176,183 Mil.

PT Summarecon Agung Tbk's quarterly retained earnings increased from Sep. 2023 (Rp6,653,933 Mil) to Dec. 2023 (Rp6,736,913 Mil) and increased from Dec. 2023 (Rp6,736,913 Mil) to Mar. 2024 (Rp7,176,183 Mil).

PT Summarecon Agung Tbk's annual retained earnings increased from Dec. 2021 (Rp5,584,577 Mil) to Dec. 2022 (Rp6,115,326 Mil) and increased from Dec. 2022 (Rp6,115,326 Mil) to Dec. 2023 (Rp6,736,913 Mil).


PT Summarecon Agung Tbk Retained Earnings Historical Data

The historical data trend for PT Summarecon Agung 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 Summarecon Agung Tbk Retained Earnings Chart

PT Summarecon Agung Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,788,884.25 5,263,964.32 5,584,576.74 6,115,325.63 6,736,913.06

PT Summarecon Agung Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6,389,900.25 6,432,178.63 6,653,932.93 6,736,913.06 7,176,183.17

PT Summarecon Agung 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 Summarecon Agung Tbk  (ISX:SMRA) 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 Summarecon Agung Tbk (ISX:SMRA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Perintis Kemerdekaan No. 42, Pulo Gadung, Jakarta Timur, Jakarta, IDN, 13210
PT Summarecon Agung Tbk is a real estate developer in Indonesia that specializes in townships that include residential and commercial developments and leisure and hospitality businesses. Summarecon Agung's property development segment, which generates most of the company's revenue, develops and then sells properties such as residential houses, apartment buildings, and shopping lots. The company's investment property segment develops properties, including shopping malls, offices, apartments, and commercial spaces, that it retains and leases. The leisure and hospitality segment owns and generates revenue from hotels, golf courses, and sport and fitness clubs.

PT Summarecon Agung Tbk (ISX:SMRA) Headlines

No Headlines