Kencana Agri (SGX:BNE) Retained Earnings : S$-26.0 Mil (As of Jun. 2023)

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What is Kencana Agri Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kencana Agri's retained earnings for the quarter that ended in Jun. 2023 was S$-26.0 Mil.

Kencana Agri's quarterly retained earnings declined from Jun. 2022 (S$-28.2 Mil) to Dec. 2022 (S$-28.6 Mil) but then increased from Dec. 2022 (S$-28.6 Mil) to Jun. 2023 (S$-26.0 Mil).

Kencana Agri's annual retained earnings increased from Dec. 2020 (S$-54.6 Mil) to Dec. 2021 (S$-32.6 Mil) and increased from Dec. 2021 (S$-32.6 Mil) to Dec. 2022 (S$-28.6 Mil).

Kencana Agri Retained Earnings Historical Data

The historical data trend for Kencana Agri'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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Kencana Agri Retained Earnings Chart

Kencana Agri Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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-43.91

-60.71

-54.57

-32.58

-28.62

Kencana Agri Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Retained Earnings	Get a 7-Day Free Trial															-41.25	-32.58	-28.16	-28.62	-25.98

Kencana Agri 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.

Kencana Agri (SGX:BNE) 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.

Kencana Agri (SGX:BNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kencana Agri Ltd (SGX:BNE) » Definitions » Retained Earnings

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KEBA:Germany

Address

Jalan Raya Meruya llir No. 88, Kencana Tower, 8th Floor, Business Park Kebon Jeruk, Jakarta Barat, Jakarta, IDN, 11620

Website

https://www.kencanaagri.com

Kencana Agri Ltd operates as a plantation company. The group is engaged in the cultivation of oil palms; the processing of fresh fruit bunches (FFB) into crude palm oil (CPO), crude palm kernel oil (CPKO), and palm kernel cake (PKC); refining of CPO. It operates through the palm oil plantation business segment. The company's plantation segment which earns the majority revenue for the firm consists of plantations, palm oil mills, and kernel crushing plants. The majority of revenue gets generated through Indonesia.