CN Asia Bhd (XKLS:7986) Retained Earnings : RM-32.24 Mil (As of Dec. 2023)

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What is CN Asia Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CN Asia Bhd's retained earnings for the quarter that ended in Dec. 2023 was RM-32.24 Mil.

CN Asia Bhd's quarterly retained earnings increased from Jun. 2023 (RM-32.82 Mil) to Sep. 2023 (RM-32.55 Mil) and increased from Sep. 2023 (RM-32.55 Mil) to Dec. 2023 (RM-32.24 Mil).

CN Asia Bhd's annual retained earnings declined from Dec. 2018 (RM2.90 Mil) to Dec. 2019 (RM2.80 Mil) and declined from Dec. 2019 (RM2.80 Mil) to Dec. 2020 (RM-2.35 Mil).

CN Asia Bhd Retained Earnings Historical Data

The historical data trend for CN Asia 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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CN Asia Bhd Retained Earnings Chart

CN Asia Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Retained Earnings

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-9.75

1.79

2.90

2.80

-2.35

CN Asia Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-15.40	-14.06	-32.82	-32.55	-32.24

CN Asia 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.

CN Asia Bhd (XKLS:7986) 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.

CN Asia Bhd (XKLS:7986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CN Asia Corp Bhd (XKLS:7986) » Definitions » Retained Earnings

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Address

Jalan Balakong, Lot 7907, Batu 11, Ground Floor Office Building, Seri Kembangan, SGR, MYS, 43300

Website

https://www.cnasia.com

CN Asia Corp Bhd is an investment holding company. It is engaged in the manufacturing and trading of underground and skid tanks, dish ends, pressure vessels, road tankers, and piping for the petroleum industry as well as specialized engineering and fabrication works, and sub-contractor for civil engineering work. The company segments include Manufacturing, Investment, Energy Management, and Financial Services. It generates maximum revenue from the Manufacturing segment.

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