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PT Gajah Tunggal Tbk (ISX:GJTL) Retained Earnings : Rp6,454,711 Mil (As of Mar. 2024)


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What is PT Gajah Tunggal Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Gajah Tunggal Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp6,454,711 Mil.

PT Gajah Tunggal Tbk's quarterly retained earnings increased from Sep. 2023 (Rp5,632,789 Mil) to Dec. 2023 (Rp6,115,863 Mil) and increased from Dec. 2023 (Rp6,115,863 Mil) to Mar. 2024 (Rp6,454,711 Mil).

PT Gajah Tunggal Tbk's annual retained earnings declined from Dec. 2021 (Rp5,119,902 Mil) to Dec. 2022 (Rp4,933,513 Mil) but then increased from Dec. 2022 (Rp4,933,513 Mil) to Dec. 2023 (Rp6,115,863 Mil).


PT Gajah Tunggal Tbk Retained Earnings Historical Data

The historical data trend for PT Gajah Tunggal 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.

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PT Gajah Tunggal Tbk Retained Earnings Chart

PT Gajah Tunggal 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 4,372,321.00 5,079,255.00 5,119,902.00 4,933,513.00 6,115,863.00

PT Gajah Tunggal 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 5,199,204.00 5,292,610.00 5,632,789.00 6,115,863.00 6,454,711.00

PT Gajah Tunggal 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 Gajah Tunggal Tbk  (ISX:GJTL) 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 Gajah Tunggal Tbk (ISX:GJTL) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk 10th Floor, Jakarta, IDN, 10120
PT Gajah Tunggal Tbk is a tire manufacturer in Indonesia. Its operating segment consists of the manufacturing of tire, tire cord, synthetic rubber, nylon yarn, and others. The tires are used for passenger and commercial vehicles which include passenger car, truck, bus, motorcycles, and others. The business and sales activities are performed through various countries such as Asia, America, Europe, Middle East, Africa, Australia, and Oceania under the brand GT Radial, Gajah Tunggal, IRC, and Zeneos. It derives a vast majority of its revenue from the manufacture of tires in Java.

PT Gajah Tunggal Tbk (ISX:GJTL) Headlines

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