Go Innovate Asia Bhd (XKLS:03028) Retained Earnings: RM1 Mil (As of Jun. 2025)

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What is Go Innovate Asia Bhd Retained Earnings?

Go Innovate Asia Bhd XKLS:03028 Retained Earnings is RM1 Mil as of Jun. 2025. The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Go Innovate Asia Bhd's retained earnings for the quarter that ended in Jun. 2025 was RM1 Mil.

Go Innovate Asia Bhd's quarterly retained earnings declined from Jun. 2024 (RM12 Mil) to Dec. 2024 (RM-1 Mil) but then increased from Dec. 2024 (RM-1 Mil) to Jun. 2025 (RM1 Mil).

Go Innovate Asia Bhd's annual retained earnings increased from Dec. 2022 (RM13 Mil) to Dec. 2023 (RM15 Mil) but then declined from Dec. 2023 (RM15 Mil) to Dec. 2024 (RM-1 Mil).


Go Innovate Asia Bhd  (XKLS:03028) 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.


Go Innovate Asia Bhd Retained Earnings Historical Data

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The historical data trend for Go Innovate 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.

Go Innovate Asia Bhd Retained Earnings Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 16.11 13.29 13.42 14.97 -0.71

Go Innovate Asia Bhd Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 14.59 14.97 12.19 -0.71 1.35

Go Innovate 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of RM1 Mil mean?
Go Innovate Asia Bhd (XKLS:03028) has a Retained Earnings of RM1 Mil as of Jun. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Go Innovate Asia Bhd and its competitors.
Is Go Innovate Asia Bhd's Retained Earnings too high?
Go Innovate Asia Bhd's current Retained Earnings is RM1 Mil.
How does Go Innovate Asia Bhd's Retained Earnings compare to MS and GS?
Go Innovate Asia Bhd's Retained Earnings of RM1 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Capital Markets company?
A good Retained Earnings depends on the Capital Markets industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Go Innovate Asia Bhd and its competitors. Go Innovate Asia Bhd's current Retained Earnings is RM1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Retained Earnings of RM1 Mil. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Retained Earnings is RM1 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Go Innovate Asia Bhd (XKLS:03028), the current Retained Earnings is RM1 Mil as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.