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IDB Technologies Bhd (XKLS:03030) Retained Earnings : RM3.52 Mil (As of Dec. 2024)


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What is IDB Technologies Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. IDB Technologies Bhd's retained earnings for the quarter that ended in Dec. 2024 was RM3.52 Mil.

IDB Technologies Bhd's quarterly retained earnings increased from Dec. 2023 (RM2.19 Mil) to Jun. 2024 (RM2.23 Mil) and increased from Jun. 2024 (RM2.23 Mil) to Dec. 2024 (RM3.52 Mil).

IDB Technologies Bhd's annual retained earnings increased from Jun. 2022 (RM1.14 Mil) to Jun. 2023 (RM1.47 Mil) and increased from Jun. 2023 (RM1.47 Mil) to Jun. 2024 (RM2.23 Mil).


IDB Technologies Bhd Retained Earnings Historical Data

The historical data trend for IDB Technologies 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.

IDB Technologies Bhd Retained Earnings Chart

IDB Technologies Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 0.15 0.32 1.14 1.47 2.23

IDB Technologies Bhd Semi-Annual Data
Jun16 Jun17 Jun18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 1.32 1.47 2.19 2.23 3.52

IDB Technologies 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.


IDB Technologies Bhd  (XKLS:03030) 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.


IDB Technologies Bhd Business Description

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Address
Jalan Teknokrat 2/1, Cyber 4, C5-3, Radius Business Park, Cyberjaya, Kuala Lumpur, SGR, MYS, 63000
IDB Technologies Bhd is a PMS solution provider. Its PMS solutions comprise of proprietary software, hardware as well as other services and solutions. The PMS solutions facilitate the management of hotel and accommodation operations and functions and, its customers are hotels and accommodations. It operates in one business segment being development and trading of software in Malaysia. Geographically, the company derives a majority of its revenue from Malaysia followed by Cambodia, Singapore, Indonesia, and Vietnam.

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