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Project Planning Service PCL (BKK:PPS) Retained Earnings : ฿14.3 Mil (As of Mar. 2024)


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What is Project Planning Service PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Project Planning Service PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿14.3 Mil.

Project Planning Service PCL's quarterly retained earnings declined from Sep. 2023 (฿16.5 Mil) to Dec. 2023 (฿16.4 Mil) and declined from Dec. 2023 (฿16.4 Mil) to Mar. 2024 (฿14.3 Mil).

Project Planning Service PCL's annual retained earnings increased from Dec. 2021 (฿11.7 Mil) to Dec. 2022 (฿33.8 Mil) but then declined from Dec. 2022 (฿33.8 Mil) to Dec. 2023 (฿16.4 Mil).


Project Planning Service PCL Retained Earnings Historical Data

The historical data trend for Project Planning Service 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.

* Premium members only.

Project Planning Service PCL Retained Earnings Chart

Project Planning Service PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.10 -14.23 11.71 33.84 16.44

Project Planning Service PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 35.13 18.35 16.47 16.44 14.26

Project Planning Service 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.


Project Planning Service PCL  (BKK:PPS) 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.


Project Planning Service PCL (BKK:PPS) Business Description

Traded in Other Exchanges
N/A
Address
Rama IX Road, 381/6 Soi Rama IX 58 (Soi 7, Seree 7), Suanluang, Bangkok, THA, 10250
Project Planning Service PCL is engaged in engineering advisory, project design and content relating to technology, and concert exhibitions. It offers services such as design management, engineering design, project feasibility study, construction management, architectural design, project planning, and engineering procurement and construction services among others. Some of its projects are Holiday Inn Express Samui Bophut, Rhythm Condominium, The park Chidlom, Amway and others. The group operates in Thailand and overseas, out of which the majority is from Thailand.

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