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Siam City Cement PCL (Siam City Cement PCL) Retained Earnings : $316 Mil (As of Mar. 2024)


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What is Siam City Cement PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Siam City Cement PCL's retained earnings for the quarter that ended in Mar. 2024 was $316 Mil.

Siam City Cement PCL's quarterly retained earnings increased from Sep. 2023 ($322 Mil) to Dec. 2023 ($351 Mil) but then declined from Dec. 2023 ($351 Mil) to Mar. 2024 ($316 Mil).

Siam City Cement PCL's annual retained earnings declined from Dec. 2021 ($390 Mil) to Dec. 2022 ($356 Mil) and declined from Dec. 2022 ($356 Mil) to Dec. 2023 ($351 Mil).


Siam City Cement PCL Retained Earnings Historical Data

The historical data trend for Siam City Cement PCL'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.

Siam City Cement PCL Retained Earnings Chart

Siam City Cement PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 297.18 380.04 390.04 355.98 351.02

Siam City Cement PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 303.29 318.19 321.83 351.02 315.92

Siam City Cement PCL 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.


Siam City Cement PCL  (OTCPK:SICUF) 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.


Siam City Cement PCL (Siam City Cement PCL) Business Description

Traded in Other Exchanges
Address
Ratchadapisek Road, 199, 3rd, 10th - 12th Floor, Column Tower, Klongtoey, Bangkok, THA, 10110
Siam City Cement PCL is a Thailand-based company that produces cement-based building materials, wood replacement products, and lightweight concrete blocks through its subsidiaries. The company is composed of five segments: Cement, Concrete & Aggregates, Light Building Materials, Trading, and Other. Cement is the company's largest and most profitable segment, accounting for more than half of its revenue. It sells various cement types, namely Portland, Hydraulic, Mixed, and Masonry, that serve various building, bricklaying, and plastering purposes. The Trading segment, established in 2017, exports cement products and imports mineral components and solid fuel. The company's largest customers by total revenue are located in Thailand.

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