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Saudi Automotive Services Co (SAU:4050) Retained Earnings : ﷼13 Mil (As of Dec. 2024)


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What is Saudi Automotive Services Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Saudi Automotive Services Co's retained earnings for the quarter that ended in Dec. 2024 was ﷼13 Mil.

Saudi Automotive Services Co's quarterly retained earnings declined from Jun. 2024 (﷼41 Mil) to Sep. 2024 (﷼35 Mil) and declined from Sep. 2024 (﷼35 Mil) to Dec. 2024 (﷼13 Mil).

Saudi Automotive Services Co's annual retained earnings increased from Dec. 2022 (﷼-30 Mil) to Dec. 2023 (﷼46 Mil) but then declined from Dec. 2023 (﷼46 Mil) to Dec. 2024 (﷼13 Mil).


Saudi Automotive Services Co Retained Earnings Historical Data

The historical data trend for Saudi Automotive Services 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.

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Saudi Automotive Services Co Retained Earnings Chart

Saudi Automotive Services Co 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 15.58 12.16 -29.62 45.69 12.57

Saudi Automotive Services Co 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 45.69 90.39 41.38 35.14 12.57

Saudi Automotive Services 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.


Saudi Automotive Services Co  (SAU:4050) 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.


Saudi Automotive Services Co Business Description

Traded in Other Exchanges
N/A
Address
Makkah Al Mukarramah Road (Khurais), P. O Box 12411, Building No. 4870, King Abdulaziz District, Riyadh, SAU, 12411
Saudi Automotive Services Co owns and manages fuel stations, auto and travelers services centers, motels, restaurants, C-stores inside cities and on highways, and an auto club which issues customs traffic documents (TripTik), international driving licenses, and organizes sports activities. In addition, the group also provides road transportation services for liquid and dry materials. Along with its subsidiaries, it operates in the following segments: Retail and operations, Saudi Club, SASCO Palm, Transportation Fleet, and Others. Maximum revenue is derived from the Retail and operations segment, which represents income generated from its fuel station operations and the operation of residential and commercial buildings. Geographically, the group operates only in the Kingdom of Saudi Arabia.

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