SMTrack Bhd (XKLS:0169) Retained Earnings : RM-38.37 Mil (As of Dec. 2023)

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What is SMTrack Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SMTrack Bhd's retained earnings for the quarter that ended in Dec. 2023 was RM-38.37 Mil.

SMTrack Bhd's quarterly retained earnings declined from Mar. 2023 (RM-32.99 Mil) to Sep. 2023 (RM-36.15 Mil) and declined from Sep. 2023 (RM-36.15 Mil) to Dec. 2023 (RM-38.37 Mil).

SMTrack Bhd's annual retained earnings declined from Jul. 2017 (RM-0.20 Mil) to Jul. 2018 (RM-4.07 Mil) and declined from Jul. 2018 (RM-4.07 Mil) to Jul. 2019 (RM-5.85 Mil).

SMTrack Bhd Retained Earnings Historical Data

The historical data trend for SMTrack 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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SMTrack Bhd Retained Earnings Chart

SMTrack Bhd Annual Data

Trend

Sep10

Sep11

Sep12

Sep13

Mar15

Jul16

Jul17

Jul18

Jul19

Retained Earnings

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-22.98

-34.45

-0.20

-4.07

-5.85

SMTrack Bhd Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-26.89	-	-32.99	-36.15	-38.37

SMTrack 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.

SMTrack Bhd (XKLS:0169) 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.

SMTrack Bhd (XKLS:0169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SMTrack Bhd (XKLS:0169) » Definitions » Retained Earnings

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Address

Unit 29-7, 7th Floor, The Bouvelard, Mid Valley City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

http://www.smtrackberhad.my

SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in Investment holding and others segment, Delivery segment and Beauty and wellness segment. It derives majority of its revenues from the Investment holding and others segment and has operations spread across Malaysia.

SMTrack Bhd (XKLS:0169) Headlines

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