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PT Bank Sinarmas Tbk (ISX:BSIM) Retained Earnings : Rp1,783,078 Mil (As of Mar. 2024)


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What is PT Bank Sinarmas Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Bank Sinarmas Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp1,783,078 Mil.

PT Bank Sinarmas Tbk's quarterly retained earnings declined from Sep. 2023 (Rp1,846,849 Mil) to Dec. 2023 (Rp1,705,216 Mil) but then increased from Dec. 2023 (Rp1,705,216 Mil) to Mar. 2024 (Rp1,783,078 Mil).

PT Bank Sinarmas Tbk's annual retained earnings increased from Dec. 2021 (Rp1,419,782 Mil) to Dec. 2022 (Rp1,633,570 Mil) and increased from Dec. 2022 (Rp1,633,570 Mil) to Dec. 2023 (Rp1,705,216 Mil).


PT Bank Sinarmas Tbk Retained Earnings Historical Data

The historical data trend for PT Bank Sinarmas Tbk'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.

PT Bank Sinarmas Tbk Retained Earnings Chart

PT Bank Sinarmas Tbk 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 1,768,702.00 1,296,055.00 1,419,782.00 1,633,570.00 1,705,216.00

PT Bank Sinarmas Tbk 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 1,705,330.00 1,775,257.00 1,846,849.00 1,705,216.00 1,783,078.00

PT Bank Sinarmas Tbk 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.


PT Bank Sinarmas Tbk  (ISX:BSIM) 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.


PT Bank Sinarmas Tbk (ISX:BSIM) Business Description

Traded in Other Exchanges
N/A
Address
Jalan MH. Thamrin No. 51, Sinar Mas Land Plaza Tower I, 1st and 2nd Floor, Jakarta, IDN, 10350
PT Bank Sinarmas Tbk provides financial services. The company is involved in credit activities, fund collection, banking service and e-banking products, bancassurance and investment products sales, credit card business, international business activities and treasury, and sharia business unit. It collects funds from the public to be distributed in the form of loans to both individuals and corporations. The company's operating segment includes Commercial Bank and Sharia Business Unit. It generates maximum revenue from the Commercial Bank segment which includes Marketing and Credit; Treasury and Trade Finance.

PT Bank Sinarmas Tbk (ISX:BSIM) Headlines

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