Pepkor Holdings (JSE:PPH) Retained Earnings : R-7,806 Mil (As of Sep. 2023)

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What is Pepkor Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pepkor Holdings's retained earnings for the quarter that ended in Sep. 2023 was R-7,806 Mil.

Pepkor Holdings's quarterly retained earnings declined from Sep. 2022 (R7,292 Mil) to Mar. 2023 (R0 Mil) and declined from Mar. 2023 (R0 Mil) to Sep. 2023 (R-7,806 Mil).

Pepkor Holdings's annual retained earnings increased from Sep. 2021 (R2,825 Mil) to Sep. 2022 (R7,292 Mil) but then declined from Sep. 2022 (R7,292 Mil) to Sep. 2023 (R-7,806 Mil).

Pepkor Holdings Retained Earnings Historical Data

The historical data trend for Pepkor Holdings'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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Pepkor Holdings Retained Earnings Chart

Pepkor Holdings Annual Data

Trend

Jun15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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4,082.00

-2,087.00

2,825.00

7,292.00

-7,806.00

Pepkor Holdings Semi-Annual Data
	Jun15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial											2,825.00	-	7,292.00	-	-7,806.00

Pepkor Holdings 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.

Pepkor Holdings (JSE:PPH) 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.

Pepkor Holdings (JSE:PPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pepkor Holdings Ltd (JSE:PPH) » Definitions » Retained Earnings

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PPKRF:USA S1VA:Germany

Address

36 Stellenberg Road, Parow Industria, Cape Town, WC, ZAF, 7493

Website

https://www.pepkor.co.za

Pepkor Holdings Ltd is an operator of a chain of retail stores based in Parow East, South Africa. The company functions offer segments that include clothing and general merchandise, furniture, appliances and electronics, building materials and fintech, it generates the vast majority of its revenue from the clothing and general merchandise segment, which consists of clothing, footwear and homeware products, fast-moving consumer specialty goods, cellular and financial services, thereby enabling its customers to get easy access to everyday products and services at adorable prices. Geographically, it generates majority of its revenue from South Africa and also operates in other countries.