GURUFOCUS.COM » STOCK LIST » Technology » Software » Kronologi Asia Bhd (XKLS:0176) » Definitions » Retained Earnings

Kronologi Asia Bhd (XKLS:0176) Retained Earnings : RM107.0 Mil (As of Oct. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Kronologi Asia Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kronologi Asia Bhd's retained earnings for the quarter that ended in Oct. 2023 was RM107.0 Mil.

Kronologi Asia Bhd's quarterly retained earnings increased from Apr. 2023 (RM103.0 Mil) to Jul. 2023 (RM106.0 Mil) and increased from Jul. 2023 (RM106.0 Mil) to Oct. 2023 (RM107.0 Mil).

Kronologi Asia Bhd's annual retained earnings increased from Dec. 2020 (RM57.3 Mil) to Jan. 2022 (RM75.9 Mil) and increased from Jan. 2022 (RM75.9 Mil) to Jan. 2023 (RM100.4 Mil).


Kronologi Asia Bhd Retained Earnings Historical Data

The historical data trend for Kronologi Asia 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.

Kronologi Asia Bhd Retained Earnings Chart

Kronologi Asia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jan22 Jan23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 47.16 55.91 57.33 75.93 100.44

Kronologi Asia Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 - 100.44 102.99 106.03 107.04

Kronologi Asia 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.


Kronologi Asia Bhd  (XKLS:0176) 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.


Kronologi Asia Bhd (XKLS:0176) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Jalan Stesen Sentral 5, Level 28-D, Axiata Tower, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
Kronologi Asia Bhd is engaged in provision of Enterprise Data Management Infrastructure Technology (EDM IT) and Cloud and Hybrid As-a-Service (AAS). The company's segments include EDM Infrastructure Technology; EDM Managed Services; and Investment holding and others. It derives majority of the revenue from the EDM Infrastructure Technology segment that provides EDM infrastructure technology which comprises both hardware and software. EDM hardware refers to computer component used to record, store and retain digital data while EDM software supports the process of data backup, storage, recovery and restoration. Geographically it operates in Philippines, Singapore, China, Hong Kong and Taiwan, India, Malaysia, and Others.

Kronologi Asia Bhd (XKLS:0176) Headlines

No Headlines