Hengyuan Refining Co Bhd (XKLS:4324) Retained Earnings: RM1,252 Mil (As of Mar. 2026)

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XKLS:4324 Hengyuan Refining Co Bhd XKLS:4324
58 GF Score
Price RM1.50
GF Value RM1.17
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hengyuan Refining Co Bhd Retained Earnings?

Hengyuan Refining Co Bhd XKLS:4324 +1.35% 58 Retained Earnings is RM1,252 Mil as of Mar. 2026. GuruFocus rates XKLS:4324 with a GF Score™ of 58/100 and a GF Value™ of RM1.17 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hengyuan Refining Co Bhd's retained earnings for the quarter that ended in Mar. 2026 was RM1,252 Mil.

Hengyuan Refining Co Bhd's quarterly retained earnings increased from Sep. 2025 (RM654 Mil) to Dec. 2025 (RM727 Mil) and increased from Dec. 2025 (RM727 Mil) to Mar. 2026 (RM1,252 Mil).

Hengyuan Refining Co Bhd's annual retained earnings declined from Dec. 2023 (RM1,344 Mil) to Dec. 2024 (RM987 Mil) and declined from Dec. 2024 (RM987 Mil) to Dec. 2025 (RM727 Mil).


Hengyuan Refining Co Bhd  (XKLS:4324) 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.


Hengyuan Refining Co Bhd Retained Earnings Historical Data

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The historical data trend for Hengyuan Refining Co 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.

Hengyuan Refining Co Bhd Retained Earnings Chart

Hengyuan Refining Co 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 2,020.60 1,832.96 1,344.39 986.83 726.58

Hengyuan Refining Co 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 816.38 633.14 654.18 726.58 1,252.13
XKLS:4324
58GF Score
Hengyuan Refining Co Bhd XKLS:4324
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Hengyuan Refining Co 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 RM1,252 Mil mean?
Hengyuan Refining Co Bhd (XKLS:4324) has a Retained Earnings of RM1,252 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hengyuan Refining Co Bhd and its competitors.
Is Hengyuan Refining Co Bhd's Retained Earnings too high?
Hengyuan Refining Co Bhd's current Retained Earnings is RM1,252 Mil. Overall, Hengyuan Refining Co Bhd has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengyuan Refining Co Bhd's Retained Earnings compare to MPC and VLO?
Hengyuan Refining Co Bhd's Retained Earnings of RM1,252 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas 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 Hengyuan Refining Co Bhd and its competitors. Hengyuan Refining Co Bhd's current Retained Earnings is RM1,252 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengyuan Refining Co Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd (XKLS:4324) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.17, compared to a current price of RM1.50 — trading 28.2% above its estimated fair value. The current Retained Earnings is RM1,252 Mil. Hengyuan Refining Co Bhd's overall GF Score™ is 58/100 with 5 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 Hengyuan Refining Co Bhd (XKLS:4324), the current Retained Earnings is RM1,252 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 Hengyuan Refining Co Bhd (XKLS:4324) Overvalued in 2026?

Based on GuruFocus' analysis, Hengyuan Refining Co Bhd stock appears to be overvalued. The current stock price of RM1.50 is trading 28.2% above its estimated GF Value™ of RM1.17. GuruFocus considers Hengyuan Refining Co Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:4324:

  • Retained Earnings: RM1,252 Mil
  • GF Value™: RM1.17 vs. price of RM1.50 (28.2% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the XKLS:4324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hengyuan Refining Co Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Pantai, Batu 1, Port Dickson, NSN, MYS, 71000
Hengyuan Refining Co Bhd is engaged in the refining and manufacturing of petroleum products in Malaysia. The company's operating units in its refinery consist of two crude distillers, a long residue catalytic cracker, two naptha treaters and a merox plant, one kerosene Merox plant, one platformer, two hydro-processing units, a Hydrogen Manufacturing Unit (HMU) and a sulphur recovery unit. Its product portfolio consists of liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene.
58GF Score

Get the complete analysis for XKLS:4324

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

RM1.50
Price
RM1.17
GF Value