SCGM Bhd (XKLS:7247) Retained Earnings : RM54.40 Mil (As of Dec. 2024)

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What is SCGM Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SCGM Bhd's retained earnings for the quarter that ended in Dec. 2024 was RM54.40 Mil.

SCGM Bhd's quarterly retained earnings declined from Jun. 2024 (RM56.70 Mil) to Sep. 2024 (RM55.50 Mil) and declined from Sep. 2024 (RM55.50 Mil) to Dec. 2024 (RM54.40 Mil).

SCGM Bhd's annual retained earnings declined from Apr. 2022 (RM103.35 Mil) to Apr. 2023 (RM50.82 Mil) but then increased from Apr. 2023 (RM50.82 Mil) to Dec. 2024 (RM54.40 Mil).

SCGM Bhd Retained Earnings Historical Data

The historical data trend for SCGM 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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SCGM Bhd Retained Earnings Chart

SCGM Bhd Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Dec24

Retained Earnings

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65.94

85.58

103.35

50.82

54.40

SCGM Bhd Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															50.87	56.87	56.70	55.50	54.40

SCGM 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.

SCGM Bhd (XKLS:7247) 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.

SCGM Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SCGM Bhd (XKLS:7247) » Definitions » Retained Earnings

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Address

PTD 109444, Jalan Sengkang, Kawasan Perusahaan Sri Sengkang, Johor Darul, Takzim, Kulai, JHR, MYS, 81000

Website

https://www.scgmbhd.com

SCGM Bhd is an investment holding company. The company's business segments are Manufacturing and Investment holding. The Manufacturing segment of the company is engaged in the manufacturing and finished plastic products, other articles of paper, paperboards, and plastic articles for the packing of goods. The company derives the majority of its revenue from the Investment holding segment. The predominantly operates in Malaysia.

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