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Astra Industrial Group (SAU:1212) Retained Earnings : ﷼1,745 Mil (As of Dec. 2024)


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What is Astra Industrial Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Astra Industrial Group's retained earnings for the quarter that ended in Dec. 2024 was ﷼1,745 Mil.

Astra Industrial Group's quarterly retained earnings increased from Jun. 2024 (﷼1,475 Mil) to Sep. 2024 (﷼1,613 Mil) and increased from Sep. 2024 (﷼1,613 Mil) to Dec. 2024 (﷼1,745 Mil).

Astra Industrial Group's annual retained earnings increased from Dec. 2022 (﷼677 Mil) to Dec. 2023 (﷼951 Mil) and increased from Dec. 2023 (﷼951 Mil) to Dec. 2024 (﷼1,745 Mil).


Astra Industrial Group Retained Earnings Historical Data

The historical data trend for Astra Industrial Group'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.

Astra Industrial Group Retained Earnings Chart

Astra Industrial Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.46 321.72 676.98 951.36 1,745.01

Astra Industrial Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 951.36 905.99 1,474.69 1,612.92 1,745.01

Astra Industrial Group 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.


Astra Industrial Group  (SAU:1212) 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.


Astra Industrial Group Business Description

Traded in Other Exchanges
N/A
Address
8128 Salah ad din ayyubi Road, PO Box 1560, Riyadh, SAU, 11441
Astra Industrial Group is an industrial conglomerate in the Kingdom of Saudi Arabia. Its companies are concentrated in the key industrial segments of pharmaceuticals, specialty chemicals, power and steel, and mining. The pharmaceuticals segment develops, manufactures, markets, and distributes branded generic pharmaceuticals and under-licensed products globally. The Specialty chemical segment, produces Masterbatch, dust-free additives, and custom-made thermoplastic compounds plus liquid and paste colorants. Steel segment, which produces steel billets, pre-engineered steel buildings and steel structures and rebar. Other segment is the residual segment and comprises of Astra Industrial Group Holding Company, Astra Arabia Real Estate Company and Desert Pearl Invest Limited.

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