GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Volcano Bhd (XKLS:0232) » Definitions » Retained Earnings

Volcano Bhd (XKLS:0232) Retained Earnings : RM76.78 Mil (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Volcano Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Volcano Bhd's retained earnings for the quarter that ended in Dec. 2024 was RM76.78 Mil.

Volcano Bhd's quarterly retained earnings increased from Jun. 2024 (RM75.82 Mil) to Sep. 2024 (RM75.92 Mil) and increased from Sep. 2024 (RM75.92 Mil) to Dec. 2024 (RM76.78 Mil).

Volcano Bhd's annual retained earnings increased from Dec. 2020 (RM57.17 Mil) to Dec. 2021 (RM67.24 Mil) and increased from Dec. 2021 (RM67.24 Mil) to Jun. 2024 (RM75.82 Mil).


Volcano Bhd Retained Earnings Historical Data

The historical data trend for Volcano 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.

Volcano Bhd Retained Earnings Chart

Volcano Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Jun24
Retained Earnings
54.11 56.89 57.17 67.24 75.82

Volcano Bhd Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 74.97 74.48 75.82 75.92 76.78

Volcano 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.


Volcano Bhd  (XKLS:0232) 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.


Volcano Bhd Business Description

Traded in Other Exchanges
N/A
Address
1411 Jalan Perusahaan Kawasan, Perusahaan Perai 1, Butterworth, Perai, PNG, MYS, 13600
Volcano Bhd is a manufacturer of parts and components. It manufactures metal and non-metal nameplates, plastic injection moulded parts, die-cut parts, electrical and electronics components, and automotive components. The company's reportable segments are Nameplate, Plastic injection, and Others. The majority of its revenue is derived from the Nameplate segment. Its manufacturing facilities are located in Malaysia and Thailand to serve customers across various industries such as electrical and electronic, automotive, food, furniture, aerospace, and label industries. Geographically, the company derives key revenue from Thailand and the rest from Malaysia, Singapore, Indonesia, China, the United States of America, and other countries.

Volcano Bhd Headlines

No Headlines