GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PT Wijaya Karya (Persero) Tbk (ISX:WIKA) » Definitions » Retained Earnings

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Retained Earnings : Rp-8,333,645 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is PT Wijaya Karya (Persero) Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Wijaya Karya (Persero) Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp-8,333,645 Mil.

PT Wijaya Karya (Persero) Tbk's quarterly retained earnings declined from Sep. 2023 (Rp-1,513,835 Mil) to Dec. 2023 (Rp-7,200,896 Mil) and declined from Dec. 2023 (Rp-7,200,896 Mil) to Mar. 2024 (Rp-8,333,645 Mil).

PT Wijaya Karya (Persero) Tbk's annual retained earnings declined from Dec. 2021 (Rp4,457,009 Mil) to Dec. 2022 (Rp-4,856 Mil) and declined from Dec. 2022 (Rp-4,856 Mil) to Dec. 2023 (Rp-7,200,896 Mil).


PT Wijaya Karya (Persero) Tbk Retained Earnings Historical Data

The historical data trend for PT Wijaya Karya (Persero) 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 Wijaya Karya (Persero) Tbk Retained Earnings Chart

PT Wijaya Karya (Persero) 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 - 12,815.95 4,457,008.74 -4,856.20 -7,200,895.96

PT Wijaya Karya (Persero) 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 3,851,134.47 2,491,219.89 -1,513,834.95 -7,200,895.96 -8,333,645.04

PT Wijaya Karya (Persero) 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 Wijaya Karya (Persero) Tbk  (ISX:WIKA) 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 Wijaya Karya (Persero) Tbk (ISX:WIKA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan D.I. Panjaitan Kav. 9-10, WIKA Tower 1 & 2, Jakarta, IDN, 13340
PT Wijaya Karya (Persero) Tbk is an engineering and construction firm focusing on construction, large infrastructure projects, energy plants, real estate, and other developments. It constructs transportation networks for public systems and builds residential and commercial buildings for various end markets. The company works throughout the entire construction process, from planning and design to building and repairing existing structures. Wijaya Karya has five business segments: infrastructure and buildings, energy and industrial plants, Investment, realty and property, and industry. The company is controlled by the Indonesian government.

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Headlines

No Headlines