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.
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.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Thong Guan Industries Bhd's retained earnings for the quarter that ended in Mar. 2026 was RM693 Mil.
Thong Guan Industries Bhd's quarterly retained earnings
increased
from Sep. 2025 (RM665 Mil) to Dec. 2025 (RM672 Mil) and
increased
from Dec. 2025 (RM672 Mil) to Mar. 2026 (RM693 Mil).
Thong Guan Industries Bhd's annual retained earnings
increased
from Dec. 2023 (RM593 Mil) to Dec. 2024 (RM639 Mil) and
increased
from Dec. 2024 (RM639 Mil) to Dec. 2025 (RM672 Mil).
Thong Guan Industries Bhd (XKLS:7034) 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.
Thong Guan Industries Bhd Retained Earnings Historical Data
* 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.
Thong Guan 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.
Thong Guan Industries Bhd (XKLS:7034) has a Retained Earnings of RM693 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Thong Guan Industries Bhd and its competitors.
Is Thong Guan Industries Bhd's Retained Earnings too high?
Thong Guan Industries Bhd's current Retained Earnings is RM693 Mil. Overall, Thong Guan Industries Bhd has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thong Guan Industries Bhd's Retained Earnings compare to SW and PKG?
Thong Guan Industries Bhd's Retained Earnings of RM693 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Retained Earnings depends on the Packaging & Containers 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 Thong Guan Industries Bhd and its competitors. Thong Guan Industries Bhd's current Retained Earnings is RM693 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thong Guan Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Thong Guan Industries Bhd (XKLS:7034) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.72, compared to a current price of RM1.51 — trading 12.2% below its estimated fair value. The current Retained Earnings is RM693 Mil. Thong Guan Industries Bhd's overall GF Score™ is 75/100 with 5 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 Thong Guan Industries Bhd (XKLS:7034), the current Retained Earnings is RM693 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 Thong Guan Industries Bhd (XKLS:7034) Overvalued in 2026?
Based on GuruFocus' analysis, Thong Guan Industries Bhd stock appears to be undervalued.
The current stock price of RM1.51 is trading 12.2% below its estimated GF Value™ of RM1.72.
GuruFocus considers Thong Guan Industries Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7034:
Retained Earnings: RM693 Mil
GF Value™: RM1.72 vs. price of RM1.51 (12.2% below fair value)
No single metric tells the full story. See the XKLS:7034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thong Guan Industries Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the firm is engaged in the trading of plastic packaging and petroleum products. It operates in two segments, including Plastic products and Food, beverages, and other consumable products. The company generates the majority of the revenue from the plastic products segment, which comprises stretch films, garbage bags, industrial bags, and PVC (Polyvinyl chloride) food wrap. Geographical presence is in Malaysia, Oceania, Europe, North America, other Asian countries, and others.
75GF Score
Get the complete analysis for XKLS:7034
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7034 has been successfully added to your 
