Key Asic Bhd (XKLS:0143) Retained Earnings : RM-43.93 Mil (As of Feb. 2024)

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What is Key Asic Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Key Asic Bhd's retained earnings for the quarter that ended in Feb. 2024 was RM-43.93 Mil.

Key Asic Bhd's quarterly retained earnings increased from Aug. 2023 (RM-41.23 Mil) to Nov. 2023 (RM-41.21 Mil) but then declined from Nov. 2023 (RM-41.21 Mil) to Feb. 2024 (RM-43.93 Mil).

Key Asic Bhd's annual retained earnings declined from May. 2021 (RM-24.10 Mil) to May. 2022 (RM-32.68 Mil) and declined from May. 2022 (RM-32.68 Mil) to May. 2023 (RM-38.04 Mil).

Key Asic Bhd Retained Earnings Historical Data

The historical data trend for Key Asic 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.

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Key Asic Bhd Retained Earnings Chart

Key Asic Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

May18

May19

May20

May21

May22

May23

Retained Earnings

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-24.10

-32.68

-38.04

Key Asic Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Retained Earnings	Get a 7-Day Free Trial															-38.56	-38.04	-41.23	-41.21	-43.93

Key Asic 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.

Key Asic Bhd (XKLS:0143) 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.

Key Asic Bhd (XKLS:0143) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Key Asic Bhd (XKLS:0143) » Definitions » Retained Earnings

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Address

8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800

Website

http://www.keyasic.com

Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure, and intelligent storage networking support. It operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.

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