AirAsia Group Bhd (XKLS:5238) Retained Earnings: RM-6,399 Mil (As of Mar. 2026)

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XKLS:5238 AirAsia Group Bhd XKLS:5238
46 GF Score
Price RM1.04
GF Value RM1.59
Valuation Possible Value Trap
! 6 Warning Signs
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What is AirAsia Group Bhd Retained Earnings?

AirAsia Group Bhd XKLS:5238 -0.95% 46 Retained Earnings is RM-6,399 Mil as of Mar. 2026. GuruFocus rates XKLS:5238 with a GF Score™ of 46/100 and a GF Value™ of RM1.59 (Possible Value Trap). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AirAsia Group Bhd's retained earnings for the quarter that ended in Mar. 2026 was RM-6,399 Mil.

AirAsia Group Bhd's quarterly retained earnings increased from Sep. 2025 (RM391 Mil) to Dec. 2025 (RM457 Mil) but then declined from Dec. 2025 (RM457 Mil) to Mar. 2026 (RM-6,399 Mil).

AirAsia Group Bhd's annual retained earnings increased from Dec. 2023 (RM71 Mil) to Dec. 2024 (RM278 Mil) and increased from Dec. 2024 (RM278 Mil) to Dec. 2025 (RM457 Mil).


AirAsia Group Bhd  (XKLS:5238) 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.


AirAsia Group Bhd Retained Earnings Historical Data

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The historical data trend for AirAsia Group 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.

AirAsia Group Bhd Retained Earnings Chart

AirAsia Group Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -923.46 -1,488.94 70.73 277.85 457.11

AirAsia Group Bhd Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 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 328.06 363.28 391.03 457.11 -6,398.60
XKLS:5238
46GF Score
AirAsia Group Bhd XKLS:5238
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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AirAsia Group 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 RM-6,399 Mil mean?
AirAsia Group Bhd (XKLS:5238) has a Retained Earnings of RM-6,399 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on AirAsia Group Bhd and its competitors.
Is AirAsia Group Bhd's Retained Earnings too high?
AirAsia Group Bhd's current Retained Earnings is RM-6,399 Mil. Overall, AirAsia Group Bhd has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AirAsia Group Bhd's Retained Earnings compare to DAL and UAL?
AirAsia Group Bhd's Retained Earnings of RM-6,399 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Retained Earnings depends on the Transportation 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 AirAsia Group Bhd and its competitors. AirAsia Group Bhd's current Retained Earnings is RM-6,399 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirAsia Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, AirAsia Group Bhd (XKLS:5238) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.59, compared to a current price of RM1.04 — trading 34.6% below its estimated fair value. The current Retained Earnings is RM-6,399 Mil. AirAsia Group Bhd's overall GF Score™ is 46/100 with 6 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 AirAsia Group Bhd (XKLS:5238), the current Retained Earnings is RM-6,399 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 AirAsia Group Bhd (XKLS:5238) Overvalued in 2026?

Based on GuruFocus' analysis, AirAsia Group Bhd stock appears to be undervalued. The current stock price of RM1.04 is trading 34.6% below its estimated GF Value™ of RM1.59. GuruFocus considers AirAsia Group Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5238:

  • Retained Earnings: RM-6,399 Mil
  • GF Value™: RM1.59 vs. price of RM1.04 (34.6% below fair value)
  • GF Score™: 46/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AirAsia Group Bhd Business Description

Address RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, MYS, 64000
AirAsia X Bhd is a medium-haul low-cost airline operating in the Asia-Pacific region. The company is servicing scheduled flight operations to Australia (Sydney, Melbourne and Perth), China (Beijing, Hangzhou, Shanghai, Changsha, Chengdu, Chongqing, and Xi'an), India (New Delhi), South Korea (Seoul), Japan (Tokyo, Osaka and Sapporo), Taiwan (Taipei), Indonesia (Bali), Saudi Arabia (Jeddah and Medina), Kazakhstan (Almaty) and Kenya (Nairobi) from two hubs: Kuala Lumpur and Bangkok. The Group's operating segment consists of Air Operator Certificate (AOC) held under the AirAsia brand, and is categorised as Malaysia, Thailand, and Indonesia. The company generates the majority of its revenue from Malaysia.
46GF Score

Get the complete analysis for XKLS:5238

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

RM1.04
Price
RM1.59
GF Value