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Siab Holdings Bhd (XKLS:0241) Retained Earnings : RM-4.7 Mil (As of Mar. 2024)


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What is Siab Holdings Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Siab Holdings Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM-4.7 Mil.

Siab Holdings Bhd's quarterly retained earnings declined from Sep. 2023 (RM10.4 Mil) to Dec. 2023 (RM-4.8 Mil) but then increased from Dec. 2023 (RM-4.8 Mil) to Mar. 2024 (RM-4.7 Mil).

Siab Holdings Bhd's annual retained earnings declined from Dec. 2021 (RM37.1 Mil) to Dec. 2022 (RM17.8 Mil) and declined from Dec. 2022 (RM17.8 Mil) to Dec. 2023 (RM-4.8 Mil).


Siab Holdings Bhd Retained Earnings Historical Data

The historical data trend for Siab Holdings 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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Siab Holdings Bhd Retained Earnings Chart

Siab Holdings Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 27.64 35.72 37.10 17.83 -4.82

Siab Holdings Bhd Quarterly Data
Dec18 Dec19 Dec20 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.49 11.58 10.40 -4.82 -4.72

Siab Holdings 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.


Siab Holdings Bhd  (XKLS:0241) 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.


Siab Holdings Bhd (XKLS:0241) Business Description

Traded in Other Exchanges
N/A
Address
No. 82, Jalan BP 7/8, Bandar Bukit Puchong, Puchong, SGR, MYS, 47120
Siab Holdings Bhd is principally involved in the provision of building construction services, focusing on high-end commercial and mixed development projects, high rise grade A office developments, hypermarkets, industrial buildings, institutional buildings (including hospitals), high-rise residential, and township development. The group also provides Information and Communications Technology solutions and services.

Siab Holdings Bhd (XKLS:0241) Headlines

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