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PT Cemindo Gemilang Tbk (ISX:CMNT) Retained Earnings : Rp-2,915,730 Mil (As of Dec. 2023)


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What is PT Cemindo Gemilang Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Cemindo Gemilang Tbk's retained earnings for the quarter that ended in Dec. 2023 was Rp-2,915,730 Mil.

PT Cemindo Gemilang Tbk's quarterly retained earnings declined from Jun. 2023 (Rp-2,845,171 Mil) to Sep. 2023 (Rp-2,858,705 Mil) and declined from Sep. 2023 (Rp-2,858,705 Mil) to Dec. 2023 (Rp-2,915,730 Mil).

PT Cemindo Gemilang Tbk's annual retained earnings declined from Dec. 2021 (Rp-2,978,660 Mil) to Dec. 2022 (Rp-3,068,416 Mil) but then increased from Dec. 2022 (Rp-3,068,416 Mil) to Dec. 2023 (Rp-2,915,730 Mil).


PT Cemindo Gemilang Tbk Retained Earnings Historical Data

The historical data trend for PT Cemindo Gemilang 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 Cemindo Gemilang Tbk Retained Earnings Chart

PT Cemindo Gemilang Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -3,686,672.00 -3,217,114.00 -2,978,660.00 -3,068,416.00 -2,915,730.00

PT Cemindo Gemilang Tbk Quarterly Data
Dec18 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3,068,416.00 -2,814,240.00 -2,845,171.00 -2,858,705.00 -2,915,730.00

PT Cemindo Gemilang 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 Cemindo Gemilang Tbk  (ISX:CMNT) 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 Cemindo Gemilang Tbk (ISX:CMNT) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Pluit Selatan Blok S No. 8 I - J, Penjaringan, Jakarta Utara, Jakarta, IDN, 14440
PT Cemindo Gemilang Tbk is an integrated cement company primarily engaged in the manufacturing, marketing and distribution of cement and clinker products. The company conducts business activities in three operating segments, namely: Cement and clinker; Ready-mix concrete, and Others. Majority of the company's revenue comes from Cement and clinker segment.

PT Cemindo Gemilang Tbk (ISX:CMNT) Headlines

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