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Sri Trang Agro-Industry (BKK:STA) Retained Earnings : ฿25,094 Mil (As of Mar. 2024)


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What is Sri Trang Agro-Industry Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sri Trang Agro-Industry's retained earnings for the quarter that ended in Mar. 2024 was ฿25,094 Mil.

Sri Trang Agro-Industry's quarterly retained earnings declined from Sep. 2023 (฿25,745 Mil) to Dec. 2023 (฿25,382 Mil) and declined from Dec. 2023 (฿25,382 Mil) to Mar. 2024 (฿25,094 Mil).

Sri Trang Agro-Industry's annual retained earnings increased from Dec. 2021 (฿24,742 Mil) to Dec. 2022 (฿27,130 Mil) but then declined from Dec. 2022 (฿27,130 Mil) to Dec. 2023 (฿25,382 Mil).


Sri Trang Agro-Industry Retained Earnings Historical Data

The historical data trend for Sri Trang Agro-Industry'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.

Sri Trang Agro-Industry Retained Earnings Chart

Sri Trang Agro-Industry 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 8,413.15 16,795.65 24,741.53 27,130.15 25,382.21

Sri Trang Agro-Industry 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 27,472.26 26,101.51 25,745.08 25,382.21 25,093.61

Sri Trang Agro-Industry 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.


Sri Trang Agro-Industry  (BKK:STA) 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.


Sri Trang Agro-Industry (BKK:STA) Business Description

Traded in Other Exchanges
Address
10 Soi 10, Phetkasem Road, Hat Yai, Songkhla, THA, 90110
Sri Trang Agro-Industry PLC generates the vast majority of its revenue through the production and distribution of rubber and latex products. These products are used in the tire, automotive, and adhesive industries. The company produces rubber gloves that are used for medical and industrial purposes, while also specializing in high-pressure hydraulic hoses used for industrial and mining operations. Sri Trang Agro-Industry's primary processing facilities operate in Thailand, Indonesia, and Myanmar. The company's products are distributed in several countries including China, Singapore, Thailand, Indonesia, the United States, and Vietnam.

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