Ptt PCL (Ptt PCL) Retained Earnings : $28,684 Mil (As of Dec. 2023)

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What is Ptt PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ptt PCL's retained earnings for the quarter that ended in Dec. 2023 was $28,684 Mil.

Ptt PCL's quarterly retained earnings declined from Jun. 2023 ($27,568 Mil) to Sep. 2023 ($27,056 Mil) but then increased from Sep. 2023 ($27,056 Mil) to Dec. 2023 ($28,684 Mil).

Ptt PCL's annual retained earnings increased from Dec. 2021 ($27,476 Mil) to Dec. 2022 ($27,530 Mil) and increased from Dec. 2022 ($27,530 Mil) to Dec. 2023 ($28,684 Mil).

Ptt PCL Retained Earnings Historical Data

The historical data trend for Ptt PCL'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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Ptt PCL Retained Earnings Chart

Ptt PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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28,779.47

28,897.80

27,475.51

27,530.04

28,683.52

Ptt PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															27,530.04	27,959.31	27,567.91	27,055.53	28,683.52

Ptt PCL 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.

Ptt PCL (OTCPK:PETFF) 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.

Ptt PCL (Ptt PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ptt PCL (OTCPK:PETFF) » Definitions » Retained Earnings

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Traded in Other Exchanges

PUTRY:USA PTT-F:Thailand PTT:Thailand PTOG:Germany

Address

555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, THA, 10900

Website

https://www.pttplc.com

Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. Its operations are divided into six units: Coal, Petrochemical, International Trading, Oil, Gas, and Petroleum exploration and production. The International Trading and Petrochemicals businesses have historically produced the group's sales and service volume. International Trading encompasses several activities and is crucial to the company's ability to import and export crude oil, condensate, petroleum products, liquefied petroleum gas, petrochemical products, solvents and chemicals, and other products. PTT engages in Petrochemical operations through group companies that conduct business in fuel processing, production, and sales of upstream, intermediate, and downstream chemicals.

Ptt PCL (Ptt PCL) Headlines

From GuruFocus

Q4 2023 PTT PCL Earnings Presentation Transcript

By GuruFocus Research • 02-28-2024