Kurgan Generating Company PJSC (MIC:KGKC) Retained Earnings: ₽4,131 Mil (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Kurgan Generating Company PJSC Retained Earnings?

Kurgan Generating Company PJSC MIC:KGKC -0.92% 17 Retained Earnings is ₽4,131 Mil as of Jun. 2023. GuruFocus rates MIC:KGKC with a GF Score™ of 17/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kurgan Generating Company PJSC's retained earnings for the quarter that ended in Jun. 2023 was ₽4,131 Mil.

Kurgan Generating Company PJSC's quarterly retained earnings increased from Jun. 2022 (₽3,554 Mil) to Dec. 2022 (₽3,812 Mil) and increased from Dec. 2022 (₽3,812 Mil) to Jun. 2023 (₽4,131 Mil).

Kurgan Generating Company PJSC's annual retained earnings declined from Dec. 2020 (₽3,851 Mil) to Dec. 2021 (₽3,708 Mil) but then increased from Dec. 2021 (₽3,708 Mil) to Dec. 2022 (₽3,812 Mil).


Kurgan Generating Company PJSC  (MIC:KGKC) 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.


Kurgan Generating Company PJSC Retained Earnings Historical Data

* Premium members only.

The historical data trend for Kurgan Generating Company PJSC'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.

Kurgan Generating Company PJSC Retained Earnings Chart

Kurgan Generating Company PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,337.65 3,830.21 3,851.32 3,708.37 3,811.87

Kurgan Generating Company PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 3,655.46 3,708.37 3,554.19 3,811.87 4,130.54

Kurgan Generating Company PJSC 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₽4,131 Mil mean?
Kurgan Generating Company PJSC (MIC:KGKC) has a Retained Earnings of ₽4,131 Mil as of Jun. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Kurgan Generating Company PJSC and its competitors.
Is Kurgan Generating Company PJSC's Retained Earnings too high?
Kurgan Generating Company PJSC's current Retained Earnings is ₽4,131 Mil. Overall, Kurgan Generating Company PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kurgan Generating Company PJSC's Retained Earnings compare to NEE and SO?
Kurgan Generating Company PJSC's Retained Earnings of ₽4,131 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Utilities - Regulated company?
A good Retained Earnings depends on the Utilities - Regulated industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Kurgan Generating Company PJSC and its competitors. Kurgan Generating Company PJSC's current Retained Earnings is ₽4,131 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurgan Generating Company PJSC stock overvalued right now?
Kurgan Generating Company PJSC (MIC:KGKC) has a current Retained Earnings of ₽4,131 Mil. The current Retained Earnings is ₽4,131 Mil. Kurgan Generating Company PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Kurgan Generating Company PJSC (MIC:KGKC), the current Retained Earnings is ₽4,131 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kurgan Generating Company PJSC Business Description

Address Building 29A, Constitution Avenue, Kurgan, RUS, 640000
Kurgan Generating Company PJSC formerly Kurganskaya Generiruyushchaya Kompaniya PAO produces electrical and heat energy. The company supplies electricity and power to the wholesale market, as well as supplies thermal energy to the consumers.