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PT Siantar Top Tbk (ISX:STTP) Retained Earnings : Rp5,538,632 Mil (As of Sep. 2024)


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What is PT Siantar Top Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Siantar Top Tbk's retained earnings for the quarter that ended in Sep. 2024 was Rp5,538,632 Mil.

PT Siantar Top Tbk's quarterly retained earnings increased from Mar. 2024 (Rp5,028,490 Mil) to Jun. 2024 (Rp5,255,495 Mil) and increased from Jun. 2024 (Rp5,255,495 Mil) to Sep. 2024 (Rp5,538,632 Mil).

PT Siantar Top Tbk's annual retained earnings increased from Dec. 2021 (Rp3,131,562 Mil) to Dec. 2022 (Rp3,606,039 Mil) and increased from Dec. 2022 (Rp3,606,039 Mil) to Dec. 2023 (Rp4,523,729 Mil).


PT Siantar Top Tbk Retained Earnings Historical Data

The historical data trend for PT Siantar Top 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 Siantar Top Tbk Retained Earnings Chart

PT Siantar Top 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 1,985,498.39 2,514,055.85 3,131,561.87 3,606,039.29 4,523,729.20

PT Siantar Top 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 4,441,590.59 4,523,729.20 5,028,489.96 5,255,494.87 5,538,632.11

PT Siantar Top 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 Siantar Top Tbk  (ISX:STTP) 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 Siantar Top Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Tambak Sawah No. 21-23, Waru, Sidoarjo, IDN, 61256
PT Siantar Top Tbk is a snack manufacturing company. It is principally engaged in the manufacturing of snacks such as crackers, noodles, candies, biscuits, and wafers. It has two operating segments include the food processing segment primarily from the sales of rice, crackers, biscuits, wafers, and candy, and other segments arise primarily from the sales of flour and seasoning. The majority of the revenue is made from the food processing segment.

PT Siantar Top Tbk Headlines

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