Southern Steel Bhd (XKLS:5665) Retained Earnings: RM-534 Mil (As of Sep. 2025)

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XKLS:5665 Southern Steel Bhd XKLS:5665
30 GF Score
Price RM0.39
GF Value RM0.26
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Southern Steel Bhd Retained Earnings?

Southern Steel Bhd XKLS:5665 30 Retained Earnings is RM-534 Mil as of Sep. 2025. GuruFocus rates XKLS:5665 with a GF Score™ of 30/100 and a GF Value™ of RM0.26 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Southern Steel Bhd's retained earnings for the quarter that ended in Sep. 2025 was RM-534 Mil.

Southern Steel Bhd's quarterly retained earnings increased from Mar. 2025 (RM-536 Mil) to Jun. 2025 (RM-535 Mil) and increased from Jun. 2025 (RM-535 Mil) to Sep. 2025 (RM-534 Mil).

Southern Steel Bhd's annual retained earnings declined from Jun. 2022 (RM-332 Mil) to Jun. 2023 (RM-451 Mil) and declined from Jun. 2023 (RM-451 Mil) to Jun. 2024 (RM-505 Mil).


Southern Steel Bhd  (XKLS:5665) 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.


Southern Steel Bhd Retained Earnings Historical Data

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The historical data trend for Southern Steel 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.

Southern Steel Bhd Retained Earnings Chart

Southern Steel Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -331.64 -451.15 -505.03

Southern Steel Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -530.83 -538.25 -535.55 -535.10 -533.83
XKLS:5665
30GF Score
Southern Steel Bhd XKLS:5665
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Steel 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-534 Mil mean?
Southern Steel Bhd (XKLS:5665) has a Retained Earnings of RM-534 Mil as of Sep. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Southern Steel Bhd and its competitors.
Is Southern Steel Bhd's Retained Earnings too high?
Southern Steel Bhd's current Retained Earnings is RM-534 Mil. Overall, Southern Steel Bhd has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Steel Bhd's Retained Earnings compare to NUE and STLD?
Southern Steel Bhd's Retained Earnings of RM-534 Mil can be compared against companies in the Steel 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 Steel company?
A good Retained Earnings depends on the Steel 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 Southern Steel Bhd and its competitors. Southern Steel Bhd's current Retained Earnings is RM-534 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Steel Bhd stock overvalued right now?
Based on GuruFocus' analysis, Southern Steel Bhd (XKLS:5665) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.26, compared to a current price of RM0.39 — trading 48.1% above its estimated fair value. The current Retained Earnings is RM-534 Mil. Southern Steel Bhd's overall GF Score™ is 30/100 with 3 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 Southern Steel Bhd (XKLS:5665), the current Retained Earnings is RM-534 Mil as of Sep. 2025. 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 Southern Steel Bhd (XKLS:5665) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Steel Bhd stock appears to be overvalued. The current stock price of RM0.39 is trading 48.1% above its estimated GF Value™ of RM0.26. GuruFocus considers Southern Steel Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5665:

  • Retained Earnings: RM-534 Mil
  • GF Value™: RM0.26 vs. price of RM0.39 (48.1% above fair value)
  • GF Score™: 30/100 with 3 warning signs

No single metric tells the full story. See the XKLS:5665 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Steel Bhd Business Description

Address 2723, Lorong Perusahaan 12, Prai Industrial Estate, Prai, PNG, MYS, 13600
Southern Steel Bhd is an investment holding company involved in the manufacturing, sale and trading of steel bars and related products, while the principal activities of its subsidiaries include the manufacturing, sale and trading in billets, steel bars, wire rods, pre-stressed concrete strands, bars and wires, steel pipes, steel wires, and other related products, as well as rental of properties and investment holding. The company comprises the following reportable segments: Steel products, Investment holding and others and Hot rolled coil operation. The company derived the majority of revenue from the sale of its products: bars, wire rod, wire mesh, cut and bend and pre-stressed concrete wire.
30GF Score

Get the complete analysis for XKLS:5665

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

RM0.39
Price
RM0.26
GF Value