GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT FKS Multi Agro Tbk (ISX:FISH) » Definitions » Retained Earnings

PT FKS Multi Agro Tbk (ISX:FISH) Retained Earnings : Rp2,816,964 Mil (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is PT FKS Multi Agro Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT FKS Multi Agro Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp2,816,964 Mil.

PT FKS Multi Agro Tbk's quarterly retained earnings increased from Sep. 2023 (Rp2,537,398 Mil) to Dec. 2023 (Rp2,662,943 Mil) and increased from Dec. 2023 (Rp2,662,943 Mil) to Mar. 2024 (Rp2,816,964 Mil).

PT FKS Multi Agro Tbk's annual retained earnings increased from Dec. 2021 (Rp2,001,727 Mil) to Dec. 2022 (Rp2,572,288 Mil) and increased from Dec. 2022 (Rp2,572,288 Mil) to Dec. 2023 (Rp2,662,943 Mil).


PT FKS Multi Agro Tbk Retained Earnings Historical Data

The historical data trend for PT FKS Multi Agro 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 FKS Multi Agro Tbk Retained Earnings Chart

PT FKS Multi Agro 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 1,423,950.33 1,685,915.30 2,001,726.55 2,572,287.93 2,662,943.19

PT FKS Multi Agro 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 2,561,716.59 2,355,386.00 2,537,398.25 2,662,943.19 2,816,964.38

PT FKS Multi Agro 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 FKS Multi Agro Tbk  (ISX:FISH) 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 FKS Multi Agro Tbk (ISX:FISH) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav. 5-6, Menara Astra, 28th Floor, Jakarta Pusat, Jakarta, IDN, 10220
PT FKS Multi Agro Tbk is an Indonesia-based company engaged in the distribution and trading of grains, oilseeds, and feed ingredients. It supplies oilseed meals, animal protein meals, and co-products of grain milling for the animal feed industry. The company deals with food products such as rice, soybean and cooking oil. In addition, the company also provides a logistic solution for the importation and distribution of dry bulk commodities. The group's business activities are classified into three business segments consisting of Trading and distribution, Manufacturing and logistics, of which the majority of the revenue is derived from the Trading and distribution segment. The organization generates key revenue from Indonesia.

PT FKS Multi Agro Tbk (ISX:FISH) Headlines

No Headlines