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Bangchak PCL (STU:7BP) Retained Earnings : €1,254 Mil (As of Sep. 2024)


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What is Bangchak PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bangchak PCL's retained earnings for the quarter that ended in Sep. 2024 was €1,254 Mil.

Bangchak PCL's quarterly retained earnings declined from Mar. 2024 (€1,309 Mil) to Jun. 2024 (€1,282 Mil) and declined from Jun. 2024 (€1,282 Mil) to Sep. 2024 (€1,254 Mil).

Bangchak PCL's annual retained earnings increased from Dec. 2021 (€744 Mil) to Dec. 2022 (€1,023 Mil) and increased from Dec. 2022 (€1,023 Mil) to Dec. 2023 (€1,274 Mil).


Bangchak PCL Retained Earnings Historical Data

The historical data trend for Bangchak 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.

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Bangchak PCL Retained Earnings Chart

Bangchak 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 809.13 613.25 743.77 1,022.79 1,273.61

Bangchak PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,301.74 1,273.61 1,308.96 1,281.87 1,253.75

Bangchak 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.


Bangchak PCL  (STU:7BP) 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.


Bangchak PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit Road, 2098 M Tower Building, 8th Floor, Phra Kanong Tai, Phra Kanong, Bangkok, THA, 10260
Bangchak Corp PCL is a Thailand-based energy company that engages in petroleum refining. Crude oil for refining can be gathered from both domestic and international sources, and processed into a variety of petroleum products. Gasoline and diesel fuels are marketed to customers in the industrial, transport, aviation, marine, construction, and agriculture sectors. The company also offers petroleum products at its line of retail stations around Thailand. In addition to its refinery business, Bangchak produces power from solar farms, biomass energy, and petroleum exploration and production.

Bangchak PCL Headlines

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