National Industrialization Co (SAU:2060) Retained Earnings: ﷼487 Mil (As of Jun. 2026)

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.

SAU:2060 National Industrialization Co SAU:2060
49 GF Score
Price ﷼9.22
GF Value ﷼7.35
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is National Industrialization Co Retained Earnings?

National Industrialization Co SAU:2060 +2.67% 49 Retained Earnings is ﷼487 Mil as of Jun. 2026. GuruFocus rates SAU:2060 with a GF Score™ of 49/100 and a GF Value™ of ﷼7.35 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. National Industrialization Co's retained earnings for the quarter that ended in Jun. 2026 was ﷼487 Mil.

National Industrialization Co's quarterly retained earnings declined from Dec. 2025 (﷼1,030 Mil) to Mar. 2026 (﷼689 Mil) and declined from Mar. 2026 (﷼689 Mil) to Jun. 2026 (﷼487 Mil).

National Industrialization Co's annual retained earnings increased from Dec. 2023 (﷼1,937 Mil) to Dec. 2024 (﷼2,945 Mil) but then declined from Dec. 2024 (﷼2,945 Mil) to Dec. 2025 (﷼1,030 Mil).


National Industrialization Co  (SAU:2060) 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.


National Industrialization Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for National Industrialization Co'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.

National Industrialization Co Retained Earnings Chart

National Industrialization Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,109.37 1,752.37 1,936.54 2,944.67 1,030.13

National Industrialization Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3,774.65 3,197.58 1,030.13 688.82 486.81
SAU:2060
49GF Score
National Industrialization Co SAU:2060
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Industrialization Co 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 ﷼487 Mil mean?
National Industrialization Co (SAU:2060) has a Retained Earnings of ﷼487 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on National Industrialization Co and its competitors.
Is National Industrialization Co's Retained Earnings too high?
National Industrialization Co's current Retained Earnings is ﷼487 Mil. Overall, National Industrialization Co has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Industrialization Co's Retained Earnings compare to DOW?
National Industrialization Co's Retained Earnings of ﷼487 Mil can be compared against companies in the Chemicals 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 a Chemicals company?
A good Retained Earnings depends on the Chemicals 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 National Industrialization Co and its competitors. National Industrialization Co's current Retained Earnings is ﷼487 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industrialization Co stock overvalued right now?
Based on GuruFocus' analysis, National Industrialization Co (SAU:2060) is currently considered Modestly Overvalued. The stock's GF Value™ is ﷼7.35, compared to a current price of ﷼9.22 — trading 25.4% above its estimated fair value. The current Retained Earnings is ﷼487 Mil. National Industrialization Co's overall GF Score™ is 49/100 with 8 warning signs to review. 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 National Industrialization Co (SAU:2060), the current Retained Earnings is ﷼487 Mil as of Jun. 2026. 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.

Is National Industrialization Co (SAU:2060) Overvalued in 2026?

Based on GuruFocus' analysis, National Industrialization Co stock appears to be overvalued. The current stock price of ﷼9.22 is trading 25.4% above its estimated GF Value™ of ﷼7.35. GuruFocus considers National Industrialization Co to be Modestly Overvalued.

Key valuation signals for SAU:2060:

  • Retained Earnings: ﷼487 Mil
  • GF Value™: ﷼7.35 vs. price of ﷼9.22 (25.4% above fair value)
  • GF Score™: 49/100 with 8 warning signs

No single metric tells the full story. See the SAU:2060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Industrialization Co Business Description

Address Eastern Ring Road, P.O. Box 26707, The Business Gate, Building No. C3, Qurtuba Area, Riyadh, SAU, 11496
National Industrialization Co is engaged in industrial investment and transfer of advanced industrial technology to the Kingdom of Saudi Arabia. The Group operates in the manufacturing and marketing of products in various segments including petrochemicals, chemicals, metals, wires, plastics and industrial and automotive batteries. Additionally, the Group also provides the technical industrial services to engineering and mechanical sectors. It provides technical testing to equipment, and industrial, chemical, petrochemical, and metallurgical plants and water desalination and power generation plants. Its segment consists of Metallurgy, Petrochemicals, Downstream, and Others. The company generates maximum revenue from the Petrochemicals segment. It derives maximum revenue from Saudi Arabia.
49GF Score

Get the complete analysis for SAU:2060

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼9.22
Price
﷼7.35
GF Value