Hup Seng Industries Bhd (XKLS:5024) Retained Earnings: RM96.2 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5024 Hup Seng Industries Bhd XKLS:5024
93 GF Score
Price RM0.95
GF Value RM1.03
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Hup Seng Industries Bhd Retained Earnings?

Hup Seng Industries Bhd XKLS:5024 +0.53% 93 Retained Earnings is RM96.2 Mil as of Mar. 2026. GuruFocus rates XKLS:5024 with a GF Score™ of 93/100 and a GF Value™ of RM1.03 (Fairly Valued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hup Seng Industries Bhd's retained earnings for the quarter that ended in Mar. 2026 was RM96.2 Mil.

Hup Seng Industries Bhd's quarterly retained earnings declined from Sep. 2025 (RM86.4 Mil) to Dec. 2025 (RM85.6 Mil) but then increased from Dec. 2025 (RM85.6 Mil) to Mar. 2026 (RM96.2 Mil).

Hup Seng Industries Bhd's annual retained earnings increased from Dec. 2023 (RM82.2 Mil) to Dec. 2024 (RM83.8 Mil) and increased from Dec. 2024 (RM83.8 Mil) to Dec. 2025 (RM85.6 Mil).


Hup Seng Industries Bhd  (XKLS:5024) 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.


Hup Seng Industries Bhd Retained Earnings Historical Data

* Premium members only.

The historical data trend for Hup Seng Industries 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.

Hup Seng Industries Bhd Retained Earnings Chart

Hup Seng Industries 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 59.02 61.10 82.19 83.80 85.61

Hup Seng Industries 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 78.39 86.90 86.37 85.61 96.20
XKLS:5024
93GF Score
Hup Seng Industries Bhd XKLS:5024
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hup Seng Industries 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 RM96.2 Mil mean?
Hup Seng Industries Bhd (XKLS:5024) has a Retained Earnings of RM96.2 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hup Seng Industries Bhd and its competitors.
Is Hup Seng Industries Bhd's Retained Earnings too high?
Hup Seng Industries Bhd's current Retained Earnings is RM96.2 Mil. Overall, Hup Seng Industries Bhd has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hup Seng Industries Bhd's Retained Earnings compare to KHC and GIS?
Hup Seng Industries Bhd's Retained Earnings of RM96.2 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods 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 Hup Seng Industries Bhd and its competitors. Hup Seng Industries Bhd's current Retained Earnings is RM96.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hup Seng Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hup Seng Industries Bhd (XKLS:5024) is currently considered Fairly Valued. The stock's GF Value™ is RM1.03, compared to a current price of RM0.95 — trading 7.8% below its estimated fair value. The current Retained Earnings is RM96.2 Mil. Hup Seng Industries Bhd's overall GF Score™ is 93/100 with 1 warning sign 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 Hup Seng Industries Bhd (XKLS:5024), the current Retained Earnings is RM96.2 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 Hup Seng Industries Bhd (XKLS:5024) Overvalued in 2026?

Based on GuruFocus' analysis, Hup Seng Industries Bhd stock appears to be undervalued. The current stock price of RM0.95 is trading 7.8% below its estimated GF Value™ of RM1.03. GuruFocus considers Hup Seng Industries Bhd to be Fairly Valued.

Key valuation signals for XKLS:5024:

  • Retained Earnings: RM96.2 Mil
  • GF Value™: RM1.03 vs. price of RM0.95 (7.8% below fair value)
  • GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the XKLS:5024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hup Seng Industries Bhd Business Description

Address 14 Jalan Kilang, Kawasan Perindustrian, Batu Pahat, Tongkang Pecah, JHR, MYS, 83010
Hup Seng Industries Bhd is engaged in the business of manufacture and sales of biscuits and coffee mix, and dealers in biscuits, confectionery and other foodstuff. Principally, it is involved in the production and sale of biscuits and confectionery food items as well as beverages. The company operates through three segments. Its Biscuit manufacturing segment manufactures and sells biscuits. The beverage manufacturing segment consists of wholesale coffee mix and all kinds of foodstuffs. Its Trading division segment markets and distributes biscuits, confectionery, and other foodstuffs. The company offers special cream crackers, cookies, cream sandwich biscuits, peanut butter sandwiches, and many more. Instant Coffeemix, Teas and Cereals, Rice crackers, and other products.
93GF Score

Get the complete analysis for XKLS:5024

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

RM0.95
Price
RM1.03
GF Value