Carlsberg Brewery Malaysia Bhd (XKLS:2836) Retained Earnings: RM0 Mil (As of Mar. 2026)

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XKLS:2836 Carlsberg Brewery Malaysia Bhd XKLS:2836
81 GF Score
Price RM15.96
GF Value RM19.41
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Carlsberg Brewery Malaysia Bhd Retained Earnings?

Carlsberg Brewery Malaysia Bhd XKLS:2836 -0.25% 81 Retained Earnings is RM0 Mil as of Mar. 2026. GuruFocus rates XKLS:2836 with a GF Score™ of 81/100 and a GF Value™ of RM19.41 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Carlsberg Brewery Malaysia Bhd's retained earnings for the quarter that ended in Mar. 2026 was RM0 Mil.

Carlsberg Brewery Malaysia Bhd's quarterly retained earnings increased from Sep. 2025 (RM0 Mil) to Dec. 2025 (RM211 Mil) but then declined from Dec. 2025 (RM211 Mil) to Mar. 2026 (RM0 Mil).

Carlsberg Brewery Malaysia Bhd's annual retained earnings increased from Dec. 2023 (RM106 Mil) to Dec. 2024 (RM150 Mil) and increased from Dec. 2024 (RM150 Mil) to Dec. 2025 (RM211 Mil).


Carlsberg Brewery Malaysia Bhd  (XKLS:2836) 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.


Carlsberg Brewery Malaysia Bhd Retained Earnings Historical Data

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The historical data trend for Carlsberg Brewery Malaysia 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.

Carlsberg Brewery Malaysia Bhd Retained Earnings Chart

Carlsberg Brewery Malaysia Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.30 45.47 106.34 150.08 211.20

Carlsberg Brewery Malaysia Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 211.20 0.00
XKLS:2836
81GF Score
Carlsberg Brewery Malaysia Bhd XKLS:2836
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Carlsberg Brewery Malaysia 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 RM0 Mil mean?
Carlsberg Brewery Malaysia Bhd (XKLS:2836) has a Retained Earnings of RM0 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Carlsberg Brewery Malaysia Bhd and its competitors.
Is Carlsberg Brewery Malaysia Bhd's Retained Earnings too high?
Carlsberg Brewery Malaysia Bhd's current Retained Earnings is RM0 Mil. Overall, Carlsberg Brewery Malaysia Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlsberg Brewery Malaysia Bhd's Retained Earnings compare to STZ and TAP?
Carlsberg Brewery Malaysia Bhd's Retained Earnings of RM0 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Retained Earnings depends on the Beverages - Alcoholic 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 Carlsberg Brewery Malaysia Bhd and its competitors. Carlsberg Brewery Malaysia Bhd's current Retained Earnings is RM0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlsberg Brewery Malaysia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlsberg Brewery Malaysia Bhd (XKLS:2836) is currently considered Modestly Undervalued. The stock's GF Value™ is RM19.41, compared to a current price of RM15.96 — trading 17.8% below its estimated fair value. The current Retained Earnings is RM0 Mil. Carlsberg Brewery Malaysia Bhd's overall GF Score™ is 81/100 with 2 warning signs to review. 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 Carlsberg Brewery Malaysia Bhd (XKLS:2836), the current Retained Earnings is RM0 Mil as of Mar. 2026. 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.

Is Carlsberg Brewery Malaysia Bhd (XKLS:2836) Overvalued in 2026?

Based on GuruFocus' analysis, Carlsberg Brewery Malaysia Bhd stock appears to be undervalued. The current stock price of RM15.96 is trading 17.8% below its estimated GF Value™ of RM19.41. GuruFocus considers Carlsberg Brewery Malaysia Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:2836:

  • Retained Earnings: RM0 Mil
  • GF Value™: RM19.41 vs. price of RM15.96 (17.8% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the XKLS:2836 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carlsberg Brewery Malaysia Bhd Business Description

Address No. 55, Persiaran Selangor, Section 15, Shah Alam, SGR, MYS, 40200
Carlsberg Brewery Malaysia Bhd produces and sells beer, stout, cider, shandy, and nonalcoholic malt beverages in Asia. The company produces its products in Malaysia, and nearly all sales are in Malaysia and Singapore. The company also exports products to Sri Lanka, Thailand, Taiwan, and Hong Kong. Carlsberg is the company's flagship brand. Other brands include Kronenbourg 1664, Somersby Ciders, Asahi Dry, Royal Stout, Skol, Jolly Shandy, Nutrimalt, Connor's Stout Porter, and Corona Extra. The company has three segments: Malaysia, Singapore, and Others. It generates the majority of its revenue from the Malaysia segment, which includes manufacturing, marketing, and distribution of both alcoholic and non-alcoholic beverages by entities in Malaysia.
81GF Score

Get the complete analysis for XKLS:2836

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM15.96
Price
RM19.41
GF Value