MMM Group Bhd (XKLS:0159) Retained Earnings : RM-20.26 Mil (As of Dec. 2023)

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What is MMM Group Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MMM Group Bhd's retained earnings for the quarter that ended in Dec. 2023 was RM-20.26 Mil.

MMM Group Bhd's quarterly retained earnings increased from Jun. 2023 (RM-20.39 Mil) to Sep. 2023 (RM-20.34 Mil) and increased from Sep. 2023 (RM-20.34 Mil) to Dec. 2023 (RM-20.26 Mil).

MMM Group Bhd's annual retained earnings increased from Dec. 2018 (RM-26.10 Mil) to Mar. 2022 (RM-23.71 Mil) and increased from Mar. 2022 (RM-23.71 Mil) to Mar. 2023 (RM-20.45 Mil).

MMM Group Bhd Retained Earnings Historical Data

The historical data trend for MMM Group Bhd'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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MMM Group Bhd Retained Earnings Chart

MMM Group Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar22

Mar23

Retained Earnings

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-1.04

0.42

-26.10

-23.71

-20.45

MMM Group Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-21.69	-20.45	-20.39	-20.34	-20.26

MMM Group Bhd 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.

MMM Group Bhd (XKLS:0159) 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.

MMM Group Bhd (XKLS:0159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MMM Group Bhd (XKLS:0159) » Definitions » Retained Earnings

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Address

1B, Jalan Yong Shook Lin, Seksyen 7f, Level 15, Unit 15-2, Menara Choy Fook On, Petaling Jaya, SGR, MYS, 46050

Website

https://www.asiamedia.my

Asia Media Group Bhd operates as an investment holding company, which provides media services. The company involved in the Digital Out-of-Home advertising industry and a wholly-owned subsidiary of Asia Media Group Berhad. The firm focuses on transit media advertising, allowing its clients to target users of public transportation in Malaysia by providing infotainments, advertisements, and contents via its Transit-TV Network System. It operates through the following segments: Investment holding and Multimedia advertising services, media communications. Geographically company generates the majority of its revenue from Malaysia.

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