Raffles Education (SGX:NR7) Retained Earnings : S$82.4 Mil (As of Dec. 2023)

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What is Raffles Education Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Raffles Education's retained earnings for the quarter that ended in Dec. 2023 was S$82.4 Mil.

Raffles Education's quarterly retained earnings declined from Dec. 2022 (S$118.9 Mil) to Jun. 2023 (S$84.4 Mil) and declined from Jun. 2023 (S$84.4 Mil) to Dec. 2023 (S$82.4 Mil).

Raffles Education's annual retained earnings increased from Jun. 2021 (S$156.7 Mil) to Jun. 2022 (S$160.5 Mil) but then declined from Jun. 2022 (S$160.5 Mil) to Jun. 2023 (S$84.4 Mil).

Raffles Education Retained Earnings Historical Data

The historical data trend for Raffles Education'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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Raffles Education Retained Earnings Chart

Raffles Education Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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120.15

103.16

156.73

160.51

84.44

Raffles Education Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															182.63	160.51	118.86	84.44	82.38

Raffles Education 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.

Raffles Education (SGX:NR7) 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.

Raffles Education Business Description

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RFLFY:USA

Address

111 Somerset, Unit No. 15-22, Singapore, SGP, 238164

Website

https://www.raffles.education

Raffles Education Ltd operates as an investment holding company, which engages in providing business and management consultancy services. It operates through the following business segments: Education, Education Facilities Rental Service, Real Estate Investment and Development, and Corporate and Others. The Education segment offers students a range of degree, diploma and full-time certification programmes in design and business-oriented disciplines at the post-secondary level. The Education Facilities Rental Service segment refers to the OUCHK engaging in education facilities leasing and commercial leasing for supporting facilities. The Real Estate Investment and Development segment participates in real estate investments and development.

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