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PT Lippo General Insurance Tbk (ISX:LPGI) Retained Earnings : Rp632,177 Mil (As of Mar. 2024)


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What is PT Lippo General Insurance Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Lippo General Insurance Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp632,177 Mil.

PT Lippo General Insurance Tbk's quarterly retained earnings increased from Sep. 2023 (Rp623,555 Mil) to Dec. 2023 (Rp625,390 Mil) and increased from Dec. 2023 (Rp625,390 Mil) to Mar. 2024 (Rp632,177 Mil).

PT Lippo General Insurance Tbk's annual retained earnings declined from Dec. 2021 (Rp749,982 Mil) to Dec. 2022 (Rp722,275 Mil) and declined from Dec. 2022 (Rp722,275 Mil) to Dec. 2023 (Rp625,390 Mil).


PT Lippo General Insurance Tbk Retained Earnings Historical Data

The historical data trend for PT Lippo General Insurance 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 Lippo General Insurance Tbk Retained Earnings Chart

PT Lippo General Insurance 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 656,600.64 721,963.20 749,981.59 722,275.11 625,389.77

PT Lippo General Insurance 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 638,063.34 626,298.00 623,555.12 625,389.77 632,177.46

PT Lippo General Insurance 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 Lippo General Insurance Tbk  (ISX:LPGI) 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 Lippo General Insurance Tbk (ISX:LPGI) Business Description

Traded in Other Exchanges
N/A
Address
Jalan HR Rasuna Said Kav B-12, Gedung Lippo Kuningan Building 27th Floor Unit A & F, Jakarta, IDN, 12940
PT Lippo General Insurance Tbk is a company engaged in the provision of general insurance services. It provides Fire insurance, Motor Vehicle insurance, Marine Cargo insurance, Health insurance, Life and death insurance, and other insurance products. Geographically, the group carries operations in Indonesia in the areas of Jabodetabek, Sumatera, Jawa Timur, Jawa Barat, Jawa Tengah, Makassar, Bali and Balikpapan. It derives key revenue from the Health insurance division.

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