JKG Land Bhd (XKLS:6769) Retained Earnings : RM368.6 Mil (As of Oct. 2024)

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What is JKG Land Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JKG Land Bhd's retained earnings for the quarter that ended in Oct. 2024 was RM368.6 Mil.

JKG Land Bhd's quarterly retained earnings increased from Apr. 2024 (RM347.1 Mil) to Jul. 2024 (RM365.0 Mil) and increased from Jul. 2024 (RM365.0 Mil) to Oct. 2024 (RM368.6 Mil).

JKG Land Bhd's annual retained earnings increased from Jan. 2022 (RM293.2 Mil) to Jan. 2023 (RM318.4 Mil) and increased from Jan. 2023 (RM318.4 Mil) to Jan. 2024 (RM338.7 Mil).

JKG Land Bhd Retained Earnings Historical Data

The historical data trend for JKG Land 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.

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JKG Land Bhd Retained Earnings Chart

JKG Land Bhd Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Retained Earnings

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246.30

268.37

293.20

318.43

338.72

JKG Land Bhd Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Retained Earnings	Get a 7-Day Free Trial															326.93	338.72	347.12	365.04	368.64

JKG Land 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.

JKG Land Bhd (XKLS:6769) 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.

JKG Land Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » JKG Land Bhd (XKLS:6769) » Definitions » Retained Earnings

Traded in Other Exchanges

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Address

No. 282, Jalan Raja Laut, 29th Floor, Menara JKG, Kuala Lumpur, SGR, MYS, 50350

Website

https://www.jkgland.com

JKG Land Bhd is a Malaysia-based company engaged in the real estate business. The business activity of the group is operated through property development; cultivation of oil palm; and Other segments. Its property development segment is engaged in the development of residential and commercial properties. The cultivation of the oil palm segment is engaged in the cultivation and sale of oil palm fruits. Other segments comprise operations related to investment holding and others. It derives maximum revenue from the property development segment. Geographically, it operates only in Malaysia.

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