Topmix Bhd (XKLS:0302) Retained Earnings : RM47.37 Mil (As of Dec. 2024)

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What is Topmix Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Topmix Bhd's retained earnings for the quarter that ended in Dec. 2024 was RM47.37 Mil.

Topmix Bhd's quarterly retained earnings increased from Jun. 2024 (RM40.72 Mil) to Sep. 2024 (RM44.14 Mil) and increased from Sep. 2024 (RM44.14 Mil) to Dec. 2024 (RM47.37 Mil).

Topmix Bhd's annual retained earnings declined from Dec. 2022 (RM29.40 Mil) to Dec. 2023 (RM0.00 Mil) but then increased from Dec. 2023 (RM0.00 Mil) to Dec. 2024 (RM47.37 Mil).

Topmix Bhd Retained Earnings Historical Data

The historical data trend for Topmix 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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Topmix Bhd Retained Earnings Chart

Topmix Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

16.98

20.87

29.40

47.37

Topmix Bhd Quarterly Data
	Dec20	Dec21	Dec22	Sep23	Dec23	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial			32.83	-	40.72	44.14	47.37

Topmix 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.

Topmix Bhd (XKLS:0302) 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.

Topmix Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Topmix Bhd (XKLS:0302) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

8 & 10, Jalan Bistari 11, Taman Industri Jaya, Skudai, JHR, MYS, 81300

Website

https://www.topmixhpl.com

Topmix Bhd is involved in the marketing and sales of its own brands of surface decorative products. It also undertakes the design of surface decorative products internally as well as in collaboration with third-party decor paper suppliers. The company's surface decorative products mainly comprise HPL products. It also markets and sells compact panels, PVC edging, wall panels, decorative boards, and PVC plywood. Its surface decorative products are used in a variety of commercial and residential interior surface applications, including wall panels, countertops, table tops, furniture as well as fixtures and displays. It also offers consultation and installation works for compact panel products, in selected instances based on the requirements of its customers, comprising interior designers.

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