ES Ceramics Technology Bhd (XKLS:0100) Retained Earnings: RM115.5 Mil (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0100 ES Ceramics Technology Bhd XKLS:0100
61 GF Score
Price RM0.15
GF Value RM0.19
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is ES Ceramics Technology Bhd Retained Earnings?

ES Ceramics Technology Bhd XKLS:0100 -3.23% 61 Retained Earnings is RM115.5 Mil as of Feb. 2026. GuruFocus rates XKLS:0100 with a GF Score™ of 61/100 and a GF Value™ of RM0.19 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ES Ceramics Technology Bhd's retained earnings for the quarter that ended in Feb. 2026 was RM115.5 Mil.

ES Ceramics Technology Bhd's quarterly retained earnings increased from Aug. 2025 (RM109.0 Mil) to Nov. 2025 (RM110.3 Mil) and increased from Nov. 2025 (RM110.3 Mil) to Feb. 2026 (RM115.5 Mil).

ES Ceramics Technology Bhd's annual retained earnings declined from May. 2023 (RM101.1 Mil) to May. 2024 (RM98.3 Mil) but then increased from May. 2024 (RM98.3 Mil) to May. 2025 (RM104.8 Mil).


ES Ceramics Technology Bhd  (XKLS:0100) 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.


ES Ceramics Technology Bhd Retained Earnings Historical Data

* Premium members only.

The historical data trend for ES Ceramics Technology 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.

ES Ceramics Technology Bhd Retained Earnings Chart

ES Ceramics Technology Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.68 78.29 101.11 98.34 104.78

ES Ceramics Technology Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 102.67 104.78 108.96 110.26 115.52
XKLS:0100
61GF Score
ES Ceramics Technology Bhd XKLS:0100
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ES Ceramics Technology 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of RM115.5 Mil mean?
ES Ceramics Technology Bhd (XKLS:0100) has a Retained Earnings of RM115.5 Mil as of Feb. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on ES Ceramics Technology Bhd and its competitors.
Is ES Ceramics Technology Bhd's Retained Earnings too high?
ES Ceramics Technology Bhd's current Retained Earnings is RM115.5 Mil. Overall, ES Ceramics Technology Bhd has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ES Ceramics Technology Bhd's Retained Earnings compare to LIN and SHW?
ES Ceramics Technology Bhd's Retained Earnings of RM115.5 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Chemicals company?
A good Retained Earnings depends on the Chemicals industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on ES Ceramics Technology Bhd and its competitors. ES Ceramics Technology Bhd's current Retained Earnings is RM115.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ES Ceramics Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, ES Ceramics Technology Bhd (XKLS:0100) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.15 — trading 21.1% below its estimated fair value. The current Retained Earnings is RM115.5 Mil. ES Ceramics Technology Bhd's overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For ES Ceramics Technology Bhd (XKLS:0100), the current Retained Earnings is RM115.5 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ES Ceramics Technology Bhd (XKLS:0100) Overvalued in 2026?

Based on GuruFocus' analysis, ES Ceramics Technology Bhd stock appears to be undervalued. The current stock price of RM0.15 is trading 21.1% below its estimated GF Value™ of RM0.19. GuruFocus considers ES Ceramics Technology Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0100:

  • Retained Earnings: RM115.5 Mil
  • GF Value™: RM0.19 vs. price of RM0.15 (21.1% below fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the XKLS:0100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ES Ceramics Technology Bhd Business Description

Address Lot 207429, Jalan Seramik Chepor 11/5, Kawasan Perusahaan Seramik Chepor, Chemor, PRK, MYS, 31200
ES Ceramics Technology Bhd is an investment holding company. Through its holding, the company manufactures and distributes ceramic hand formers. Its product offerings include examination formers, surgical formers, household formers, and breathing bags and balloons. The formers are for continuous industrial use under heavy-duty conditions, to withstand the complex processes involving heat and chemicals to produce gloves. Geographically, it derives a majority of its revenue from Malaysia. Its segments include Investing, Glove equipment, and Construction, of which the Construction segment derives the maximum revenue. The Construction segment is engaged in the manufacturing and supply of chemical products and construction materials, including readymix concrete.
61GF Score

Get the complete analysis for XKLS:0100

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.15
Price
RM0.19
GF Value