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MAS (JSE:MSP) Retained Earnings : R10,469 Mil (As of Dec. 2024)


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What is MAS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MAS's retained earnings for the quarter that ended in Dec. 2024 was R10,469 Mil.

MAS's quarterly retained earnings increased from Dec. 2023 (R8,497 Mil) to Jun. 2024 (R9,377 Mil) and increased from Jun. 2024 (R9,377 Mil) to Dec. 2024 (R10,469 Mil).

MAS's annual retained earnings increased from Jun. 2022 (R5,265 Mil) to Jun. 2023 (R7,098 Mil) and increased from Jun. 2023 (R7,098 Mil) to Jun. 2024 (R9,377 Mil).


MAS Retained Earnings Historical Data

The historical data trend for MAS'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.

MAS Retained Earnings Chart

MAS Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,646.29 3,963.07 5,265.24 7,098.29 9,377.32

MAS Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 6,458.49 7,098.29 8,496.66 9,377.32 10,469.07

MAS 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.


MAS  (JSE:MSP) 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.


MAS Business Description

Traded in Other Exchanges
N/A
Address
Abate Rigord Street, Suite 11, Penthouse Level, Marina Business Centre, Ta’ Xbiex, MLT, XBX1129
MAS PLC is an internally managed green property investor and operator focused on retail properties in the Central and Eastern European (CEE) region. The company acquires, develops, and manages retail, office, industrial, and hotel properties. Its property portfolio includes Carolina Mall, Silk District Office, Arges Mall, and Pleiades Residence among others. The company's reportable segments are CEE direct assets (CEE), CEE development joint venture (DJV), WE direct assets (WE), and Corporate. Its key revenue is derived from the CEE direct assets (CEE) segment which includes income properties located in CEE fully owned and managed by the company. Geographically, the company derives maximum revenue from Romania, and the rest from Bulgaria, Poland, and Germany.

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