GURUFOCUS.COM » STOCK LIST » Industrials » Construction » George Kent Malaysia Bhd (XKLS:3204) » Definitions » Retained Earnings

George Kent Malaysia Bhd (XKLS:3204) Retained Earnings : RM297.4 Mil (As of Dec. 2024)


View and export this data going back to 1974. Start your Free Trial

What is George Kent Malaysia Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. George Kent Malaysia Bhd's retained earnings for the quarter that ended in Dec. 2024 was RM297.4 Mil.

George Kent Malaysia Bhd's quarterly retained earnings declined from Jun. 2024 (RM315.8 Mil) to Sep. 2024 (RM294.6 Mil) but then increased from Sep. 2024 (RM294.6 Mil) to Dec. 2024 (RM297.4 Mil).

George Kent Malaysia Bhd's annual retained earnings declined from Mar. 2022 (RM367.5 Mil) to Mar. 2023 (RM354.4 Mil) and declined from Mar. 2023 (RM354.4 Mil) to Mar. 2024 (RM319.5 Mil).


George Kent Malaysia Bhd Retained Earnings Historical Data

The historical data trend for George Kent 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.

* Premium members only.

George Kent Malaysia Bhd Retained Earnings Chart

George Kent Malaysia Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 303.30 312.34 367.55 354.37 319.49

George Kent Malaysia Bhd Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 348.05 319.49 315.81 294.56 297.37

George Kent 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.


George Kent Malaysia Bhd  (XKLS:3204) 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.


George Kent Malaysia Bhd Business Description

Traded in Other Exchanges
N/A
Address
1115, George Kent Technology Center, Taman Meranti Jaya, Jalan Puchong, SGR, MYS, 47120
George Kent Malaysia Bhd is an engineering company involved in manufacturing, trading, and investment, development of services development of water infrastructure projects, and provision of construction services. Its core businesses are in the water and construction industries. The company exports its products to Singapore, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Papua New Guinea, Australia, Hong Kong, Sri Lanka, Kenya, South Africa, South America, and the United Kingdom. It operates through the following segments: Engineering, Metering, and Others.

George Kent Malaysia Bhd Headlines

No Headlines