GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lincotrade & Associates Holdings Ltd (SGX:BFT) » Definitions » Retained Earnings

Lincotrade & Associates Holdings (SGX:BFT) Retained Earnings : S$-2.64 Mil (As of Jun. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Lincotrade & Associates Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lincotrade & Associates Holdings's retained earnings for the quarter that ended in Jun. 2024 was S$-2.64 Mil.

Lincotrade & Associates Holdings's quarterly retained earnings increased from Jun. 2023 (S$-4.28 Mil) to Dec. 2023 (S$-2.49 Mil) but then declined from Dec. 2023 (S$-2.49 Mil) to Jun. 2024 (S$-2.64 Mil).

Lincotrade & Associates Holdings's annual retained earnings declined from Jun. 2022 (S$4.46 Mil) to Jun. 2023 (S$-4.28 Mil) but then increased from Jun. 2023 (S$-4.28 Mil) to Jun. 2024 (S$-2.64 Mil).


Lincotrade & Associates Holdings Retained Earnings Historical Data

The historical data trend for Lincotrade & Associates Holdings'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.

Lincotrade & Associates Holdings Retained Earnings Chart

Lincotrade & Associates Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.20 - 4.46 -4.28 -2.64

Lincotrade & Associates Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 4.46 -5.02 -4.28 -2.49 -2.64

Lincotrade & Associates Holdings 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.


Lincotrade & Associates Holdings  (SGX:BFT) 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.


Lincotrade & Associates Holdings Business Description

Traded in Other Exchanges
N/A
Address
39 Sungei Kadut Loop, Singapore, SGP, 729494
Lincotrade & Associates Holdings Ltd specializes in interior fitting out services, additions and alterations ("A&A") works, and other building construction services. Its segments include commercial premises, such as offices, hotels, shopping malls, and food and beverage establishments; residential premises such as condominium developments; and show flats and sales galleries. The company generates the majority of its revenue from commercial premises. Geographically the company operates in Singapore.

Lincotrade & Associates Holdings Headlines

From GuruFocus