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LYC Healthcare Bhd (XKLS:0075) Retained Earnings : RM-58.3 Mil (As of Dec. 2023)


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What is LYC Healthcare Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LYC Healthcare Bhd's retained earnings for the quarter that ended in Dec. 2023 was RM-58.3 Mil.

LYC Healthcare Bhd's quarterly retained earnings declined from Jun. 2023 (RM-50.2 Mil) to Sep. 2023 (RM-54.5 Mil) and declined from Sep. 2023 (RM-54.5 Mil) to Dec. 2023 (RM-58.3 Mil).

LYC Healthcare Bhd's annual retained earnings increased from Mar. 2021 (RM-59.7 Mil) to Mar. 2022 (RM-31.2 Mil) but then declined from Mar. 2022 (RM-31.2 Mil) to Mar. 2023 (RM-48.0 Mil).


LYC Healthcare Bhd Retained Earnings Historical Data

The historical data trend for LYC Healthcare Bhd'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.

LYC Healthcare Bhd Retained Earnings Chart

LYC Healthcare Bhd Annual Data
Trend Dec14 Dec15 Dec16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.91 -47.61 -59.70 -31.20 -48.02

LYC Healthcare Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -41.94 -48.02 -50.21 -54.46 -58.34

LYC Healthcare Bhd 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.


LYC Healthcare Bhd  (XKLS:0075) 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.


LYC Healthcare Bhd (XKLS:0075) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Tun Mohd Fuad, 2nd and 3rd Floor, Podium Block, Plaza VADS, Taman Tun Dr. Ismail, Kuala Lumpur, SGR, MYS, 60000
LYC Healthcare Bhd is an investment holding company. The company's operating segment includes Healthcare Services; Computing and Electronic Services and Others. It generates maximum revenue from the Healthcare Services segment. The Healthcare Services segment involves the provision of mother and childcare-related services such as postnatal and postpartum care, post-delivery confinement care, and aesthetics, provision of senior nursing home care and related services, provision of healthcare-related services, provision of cosmetics-related services and medical aesthetic treatment and provision of child daycare services.

LYC Healthcare Bhd (XKLS:0075) Headlines

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