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PT Harum Energy Tbk (ISX:HRUM) Retained Earnings : Rp10,633,597 Mil (As of Dec. 2023)


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What is PT Harum Energy Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Harum Energy Tbk's retained earnings for the quarter that ended in Dec. 2023 was Rp10,633,597 Mil.

PT Harum Energy Tbk's quarterly retained earnings declined from Jun. 2023 (Rp10,354,839 Mil) to Sep. 2023 (Rp10,026,549 Mil) but then increased from Sep. 2023 (Rp10,026,549 Mil) to Dec. 2023 (Rp10,633,597 Mil).

PT Harum Energy Tbk's annual retained earnings increased from Dec. 2021 (Rp4,480,066 Mil) to Dec. 2022 (Rp8,473,022 Mil) and increased from Dec. 2022 (Rp8,473,022 Mil) to Dec. 2023 (Rp10,633,597 Mil).


PT Harum Energy Tbk Retained Earnings Historical Data

The historical data trend for PT Harum Energy 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 Harum Energy Tbk Retained Earnings Chart

PT Harum Energy 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 2,594,207.17 3,465,078.82 4,480,066.21 8,473,022.10 10,633,597.31

PT Harum Energy Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only 8,473,022.10 9,664,403.35 10,354,839.05 10,026,549.46 10,633,597.31

PT Harum Energy 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 Harum Energy Tbk  (ISX:HRUM) 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 Harum Energy Tbk (ISX:HRUM) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Imam Bonjol No. 80, Deutsche Bank Building, 9th Floor, Jakarta Pusat, Jakarta, IDN, 10310
PT Harum Energy Tbk is a holding company primarily engaged in coal mining and logistics business in East Kalimantan, Indonesia. The company's activity is breakdown into various segments which include Coal mining sectors; Rental and service sectors and Other sectors. It serves coal-fired power generating and manufacturing companies. The business of the group is amplifying to the geographical region of South Korea, Taiwan, Malaysia, China, India, Japan, and others of which South Korea accounts for a larger share of the revenue.

PT Harum Energy Tbk (ISX:HRUM) Headlines