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PT Grand House Mulia Tbk (ISX:HOMI) Retained Earnings : Rp11,492 Mil (As of Mar. 2024)


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What is PT Grand House Mulia Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Grand House Mulia Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp11,492 Mil.

PT Grand House Mulia Tbk's quarterly retained earnings declined from Sep. 2023 (Rp13,613 Mil) to Dec. 2023 (Rp11,269 Mil) but then increased from Dec. 2023 (Rp11,269 Mil) to Mar. 2024 (Rp11,492 Mil).

PT Grand House Mulia Tbk's annual retained earnings increased from Dec. 2021 (Rp453 Mil) to Dec. 2022 (Rp7,227 Mil) and increased from Dec. 2022 (Rp7,227 Mil) to Dec. 2023 (Rp11,269 Mil).


PT Grand House Mulia Tbk Retained Earnings Historical Data

The historical data trend for PT Grand House Mulia 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 Grand House Mulia Tbk Retained Earnings Chart

PT Grand House Mulia Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
-6,226.93 -4,951.08 452.95 7,226.92 11,268.87

PT Grand House Mulia Tbk Quarterly Data
Dec19 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 9,617.98 9,845.23 13,612.93 11,268.87 11,491.86

PT Grand House Mulia 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 Grand House Mulia Tbk  (ISX:HOMI) 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 Grand House Mulia Tbk (ISX:HOMI) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Pengasinan No. 99 RT 005/RW 003, Kecamatan Gunung Sindur, Jawa Barat, Java, IDN
PT Grand House Mulia Tbk is engaged in property development and services in Indonesia. The company is in the whole range of property development activities; these include land assessment, and acquisition, planning, architectural designing, construction, and effective property development of various types of projects. The main project currently being handled by the Company is Parkville Serpong, consisting of several clusters such as Canola, Astoria, Valencia, and the Toscana Cluster, located in the Bogor Regency area.

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