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Chin Teck Plantations Bhd (XKLS:1929) Retained Earnings : RM763.5 Mil (As of Feb. 2024)


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What is Chin Teck Plantations Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Chin Teck Plantations Bhd's retained earnings for the quarter that ended in Feb. 2024 was RM763.5 Mil.

Chin Teck Plantations Bhd's quarterly retained earnings increased from Aug. 2023 (RM729.6 Mil) to Nov. 2023 (RM753.7 Mil) and increased from Nov. 2023 (RM753.7 Mil) to Feb. 2024 (RM763.5 Mil).

Chin Teck Plantations Bhd's annual retained earnings increased from Aug. 2021 (RM623.0 Mil) to Aug. 2022 (RM692.9 Mil) and increased from Aug. 2022 (RM692.9 Mil) to Aug. 2023 (RM729.6 Mil).


Chin Teck Plantations Bhd Retained Earnings Historical Data

The historical data trend for Chin Teck Plantations 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.

Chin Teck Plantations Bhd Retained Earnings Chart

Chin Teck Plantations Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 554.19 580.74 622.99 692.90 729.62

Chin Teck Plantations Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 711.96 723.40 729.62 753.66 763.50

Chin Teck Plantations 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.


Chin Teck Plantations Bhd  (XKLS:1929) 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.


Chin Teck Plantations Bhd (XKLS:1929) Business Description

Traded in Other Exchanges
N/A
Address
Block 2B, Level 3A, Jalan Stesen Sentral 5, Suite 2B-3A-2, Plaza Sentral, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
Chin Teck Plantations Bhd is an investment holding company, which is engaged in the cultivation of oil palms, process and sale of fresh fruit bunches, crude palm oil, and palm kernel and is predominantly carried out in Malaysia. The company has three cultivation lands in Malaysia namely, Jemima and Sungei Sendayan, Gua Musang, and Keratong. The company also participates in joint ventures on oil palm plantations in Indonesia located at Lampung Province, Jambi Province, and South Sumatera Province, Sumatera, Republic of Indonesia.

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