GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Citaglobal Bhd (XKLS:7245) » Definitions » Retained Earnings

Citaglobal Bhd (XKLS:7245) Retained Earnings : RM-202.2 Mil (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Citaglobal Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Citaglobal Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM-202.2 Mil.

Citaglobal Bhd's quarterly retained earnings increased from Sep. 2023 (RM-204.8 Mil) to Dec. 2023 (RM-204.5 Mil) and increased from Dec. 2023 (RM-204.5 Mil) to Mar. 2024 (RM-202.2 Mil).

Citaglobal Bhd's annual retained earnings declined from Dec. 2021 (RM-170.9 Mil) to Dec. 2022 (RM-212.3 Mil) but then increased from Dec. 2022 (RM-212.3 Mil) to Dec. 2023 (RM-204.5 Mil).


Citaglobal Bhd Retained Earnings Historical Data

The historical data trend for Citaglobal 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.

Citaglobal Bhd Retained Earnings Chart

Citaglobal Bhd Annual Data
Trend Apr13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.22 -111.37 -170.93 -212.27 -204.47

Citaglobal Bhd Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -210.92 -207.86 -204.80 -204.47 -202.24

Citaglobal 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.


Citaglobal Bhd  (XKLS:7245) 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.


Citaglobal Bhd (XKLS:7245) Business Description

Traded in Other Exchanges
N/A
Address
Level 9, Block 4, Menara TH Plaza Sentral, Jalan Stesen Sentral 5, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
Citaglobal Bhd is civil engineering and building contractor company that undertakes infrastructure development projects. Its operating segments are Civil engineering and construction, Energy and Manufacturing. The company's product and services engineering Services, oil & gas, Renewable Energy, power generation, properties Investment, community credit services and Digital Media.

Citaglobal Bhd (XKLS:7245) Headlines

No Headlines