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Crest Group Bhd (XKLS:0323) Retained Earnings : RM53.1 Mil (As of Apr. 2024)


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What is Crest Group Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Crest Group Bhd's retained earnings for the quarter that ended in Apr. 2024 was RM53.1 Mil.

Crest Group Bhd's quarterly retained earnings increased from Dec. 2022 (RM46.8 Mil) to Dec. 2023 (RM51.2 Mil) and increased from Dec. 2023 (RM51.2 Mil) to Apr. 2024 (RM53.1 Mil).

Crest Group Bhd's annual retained earnings declined from Dec. 2021 (RM47.3 Mil) to Dec. 2022 (RM46.8 Mil) but then increased from Dec. 2022 (RM46.8 Mil) to Dec. 2023 (RM51.2 Mil).

Crest Group Bhd Retained Earnings Historical Data

The historical data trend for Crest Group 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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Crest Group Bhd Retained Earnings Chart

Crest Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
49.60 47.31 46.77 51.24

Crest Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 Apr24
Retained Earnings 49.60 47.31 46.77 51.24 53.15

Crest Group 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.

Crest Group Bhd  (XKLS:0323) 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.

Crest Group Bhd Business Description

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Address
No.1 Jalan OP 1/2, One Puchong Business Park, Puchong, SGR, MYS, 47160
Website
https://www.crest-group.net
Crest Group Bhd is investment holding which operates through its subsidiaries. It is involved in the provision of imaging, analytical and test solutions used for quality inspection, sample analysis and research & development. The company provide solutions to industries including semiconductor, E&E, academic, automotive, oil and gas, aviation, life sciences and healthcare. It has two business segments (i) Provision of imaging, analytical and test solutions; and (ii) Provision of after-sales services. Key revenue is generated from Provision of imaging, analytical and test solutions which includes Offers pre-sales consulting, sale and customisation of equipment, installation and commissioning and user-training.

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