JB Foods (SGX:BEW) Retained Earnings : S$128.0 Mil (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is JB Foods Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JB Foods's retained earnings for the quarter that ended in Dec. 2023 was S$128.0 Mil.

JB Foods's quarterly retained earnings increased from Dec. 2022 (S$133.0 Mil) to Jun. 2023 (S$138.9 Mil) but then declined from Jun. 2023 (S$138.9 Mil) to Dec. 2023 (S$128.0 Mil).

JB Foods's annual retained earnings increased from Dec. 2021 (S$115.7 Mil) to Dec. 2022 (S$133.0 Mil) but then declined from Dec. 2022 (S$133.0 Mil) to Dec. 2023 (S$128.0 Mil).

JB Foods Retained Earnings Historical Data

The historical data trend for JB Foods'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.

JB Foods Retained Earnings Chart

JB Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

82.06

99.80

115.67

133.05

128.01

JB Foods Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															115.67	123.46	133.05	138.88	128.01

JB Foods 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.

JB Foods (SGX:BEW) 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.

JB Foods (SGX:BEW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » JB Foods Ltd (SGX:BEW) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot CP1, Jalan Tanjung A/6, Pelabuhan Tanjung Pelepas, Gelang Patah, MYS, 81560

Website

https://www.jbcocoa.com

JB Foods Ltd produces cocoa products. The company's products include cocoa powder, cocoa liquor, and cocoa butter. The group's products are sold primarily under the 'JB COCOA' brand name to a worldwide customer base ranging from international trade houses to end users such as food and beverage and confectionery manufacturers. The Group's key customers include Nestle Group, Mondelez Group, Mars Group, Hershey's Group, Itochu Corporation, Theobroma B.V., General Cocoa Company Inc., Olam Europe Limited, etc. The group operates in only one business segment which is the production and sale of cocoa ingredients products. Geographically the company derives most of its revenue from Singapore.

JB Foods (SGX:BEW) Headlines

No Headlines