Ancom Nylex Bhd (XKLS:4758) Retained Earnings : RM168 Mil (As of Aug. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Ancom Nylex Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ancom Nylex Bhd's retained earnings for the quarter that ended in Aug. 2024 was RM168 Mil.

Ancom Nylex Bhd's quarterly retained earnings increased from Feb. 2024 (RM144 Mil) to May. 2024 (RM155 Mil) and increased from May. 2024 (RM155 Mil) to Aug. 2024 (RM168 Mil).

Ancom Nylex Bhd's annual retained earnings increased from May. 2022 (RM24 Mil) to May. 2023 (RM89 Mil) and increased from May. 2023 (RM89 Mil) to May. 2024 (RM155 Mil).

Ancom Nylex Bhd Retained Earnings Historical Data

The historical data trend for Ancom Nylex 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.

Ancom Nylex Bhd Retained Earnings Chart

Ancom Nylex Bhd Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Retained Earnings

Get a 7-Day Free Trial

64.60

101.08

24.39

89.15

154.81

Ancom Nylex Bhd Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Retained Earnings	Get a 7-Day Free Trial															101.95	122.73	143.98	154.81	168.02

Ancom Nylex 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.

Ancom Nylex Bhd (XKLS:4758) 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.

Ancom Nylex Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ancom Nylex Bhd (XKLS:4758) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2A, Jalan 13/2, Seksyen 13, Petaling Jaya, SGR, MYS, 46200

Website

http://www.ancomnylex.com

Ancom Nylex Bhd is an investment holding company. Its operating segment includes Investment holding; Agricultural chemicals; Industrial chemicals; Logistics; Polymer and Others. It generates maximum revenue from the Industrial chemicals segment. The Industrial chemicals segment is engaged in the manufacture, trading, and sale of industrial chemical products. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Singapore; Indonesia; Other Southeast Asian countries; Other Asian countries; Australia and New Zealand; North and South America; Africa, and Europe.

Ancom Nylex Bhd Headlines

No Headlines