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PJICO Insurance (STC:PGI) Retained Earnings : ₫383,475 Mil (As of Dec. 2024)


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What is PJICO Insurance Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PJICO Insurance's retained earnings for the quarter that ended in Dec. 2024 was ₫383,475 Mil.

PJICO Insurance's quarterly retained earnings declined from Mar. 2024 (₫308,979 Mil) to Jun. 2024 (₫308,480 Mil) but then increased from Jun. 2024 (₫308,480 Mil) to Dec. 2024 (₫383,475 Mil).

PJICO Insurance's annual retained earnings increased from Dec. 2022 (₫183,005 Mil) to Dec. 2023 (₫352,171 Mil) and increased from Dec. 2023 (₫352,171 Mil) to Dec. 2024 (₫383,475 Mil).

PJICO Insurance Retained Earnings Historical Data

The historical data trend for PJICO Insurance'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.

PJICO Insurance Retained Earnings Chart

PJICO Insurance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 85,715.84 361,058.46 183,005.27 352,170.85 383,475.40

PJICO Insurance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 324,126.28 352,170.85 308,979.08 308,479.68 383,475.40

PJICO Insurance 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.

PJICO Insurance  (STC:PGI) 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.

PJICO Insurance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PJICO Insurance Corp (STC:PGI) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
21st Floor MIPEC Tower, 229 Tay Son Street, Dong Da Di, Ha Noi, VNM
Website
https://www.pjico.com.vn
PJICO Insurance Corp is an insurance company. The company is engaged in providing various non-life insurance products which include automobile insurance covering third-party liability, passenger accidents, and automobile damage.