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PNE Industries (SGX:BDA) Retained Earnings : S$32.94 Mil (As of Sep. 2024)


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What is PNE Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PNE Industries's retained earnings for the quarter that ended in Sep. 2024 was S$32.94 Mil.

PNE Industries's quarterly retained earnings declined from Sep. 2023 (S$34.17 Mil) to Mar. 2024 (S$32.69 Mil) but then increased from Mar. 2024 (S$32.69 Mil) to Sep. 2024 (S$32.94 Mil).

PNE Industries's annual retained earnings declined from Sep. 2022 (S$36.78 Mil) to Sep. 2023 (S$34.17 Mil) and declined from Sep. 2023 (S$34.17 Mil) to Sep. 2024 (S$32.94 Mil).


PNE Industries Retained Earnings Historical Data

The historical data trend for PNE Industries'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.

PNE Industries Retained Earnings Chart

PNE Industries Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.32 37.37 36.78 34.17 32.94

PNE Industries Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 36.78 33.93 34.17 32.69 32.94

PNE Industries 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.


PNE Industries  (SGX:BDA) 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.


PNE Industries Business Description

Traded in Other Exchanges
N/A
Address
996 Bendemeer Road, No. 07-06, Singapore, SGP, 339944
PNE Industries Ltd is an investment holding company. Its business operates in two segments. The Contract Manufacturing segment includes the manufacturing of electronic controllers and other electrical and electronic products. The Trading segment manufacture and trading of emergency lighting equipment and related products. The Contract Manufacturing segment generates maximum revenue for the company. Geographically the company exports its products to the Romania, Netherlands, Singapore, Europe, the People's Republic of China, Malaysia, and other regions.

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