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Pestech International Bhd (XKLS:5219) Retained Earnings : RM18.4 Mil (As of Mar. 2024)


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What is Pestech International Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pestech International Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM18.4 Mil.

Pestech International Bhd's quarterly retained earnings declined from Mar. 2023 (RM293.5 Mil) to Dec. 2023 (RM52.0 Mil) and declined from Dec. 2023 (RM52.0 Mil) to Mar. 2024 (RM18.4 Mil).

Pestech International Bhd's annual retained earnings increased from Jun. 2019 (RM302.7 Mil) to Jun. 2020 (RM354.2 Mil) and increased from Jun. 2020 (RM354.2 Mil) to Jun. 2021 (RM419.3 Mil).


Pestech International Bhd Retained Earnings Historical Data

The historical data trend for Pestech International 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.

Pestech International Bhd Retained Earnings Chart

Pestech International Bhd Annual Data
Trend Dec11 Dec12 Dec13 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 230.06 279.49 302.70 354.15 419.29

Pestech International Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24
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 364.81 354.03 293.45 51.99 18.42

Pestech International 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.


Pestech International Bhd  (XKLS:5219) 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.


Pestech International Bhd (XKLS:5219) Business Description

Traded in Other Exchanges
N/A
Address
No. 26, Jalan Utarid U5/14, Seksyen U5, Shah Alam, SGR, MYS, 40150
Pestech International Bhd is an electrical power technology company. It is engaged in the engineering, procurement, manufacturing, construction and commissioning of power substations and transmission lines in Malaysia and overseas. It operates through the Investment; and Engineering, Procurement, Manufacturing, Construction, and Commission (EPMCC), and Product segments. It delivers power plant automation and electrification solutions and railway system work packages including rail electrification, signalling and communication system. Most of its revenue gets derived from EPMCC segment.

Pestech International Bhd (XKLS:5219) Headlines

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