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Parkson Holdings Bhd (XKLS:5657) Retained Earnings : RM801 Mil (As of Mar. 2024)


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What is Parkson Holdings Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Parkson Holdings Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM801 Mil.

Parkson Holdings Bhd's quarterly retained earnings declined from Sep. 2023 (RM832 Mil) to Dec. 2023 (RM774 Mil) but then increased from Dec. 2023 (RM774 Mil) to Mar. 2024 (RM801 Mil).

Parkson Holdings Bhd's annual retained earnings increased from Jun. 2020 (RM-932 Mil) to Dec. 2022 (RM790 Mil) but then declined from Dec. 2022 (RM790 Mil) to Dec. 2023 (RM774 Mil).


Parkson Holdings Bhd Retained Earnings Historical Data

The historical data trend for Parkson Holdings 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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Parkson Holdings Bhd Retained Earnings Chart

Parkson Holdings Bhd Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -378.54 -509.41 -932.47 790.20 774.49

Parkson Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 856.51 828.62 832.43 774.49 800.79

Parkson Holdings 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.


Parkson Holdings Bhd  (XKLS:5657) 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.


Parkson Holdings Bhd (XKLS:5657) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Nagasari, Level 14, Lion Office Tower, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50200
Parkson Holdings Bhd is a Malaysian based company which is engaged in operating and managing departmental stores. Its brands include "Parkson" and "Centro". The stores offer well known international brands of fashion and lifestyle-related merchandise. Parkson operates its business in segments namely Retailing and Others. A major part of its revenue is from the Retailing segment. It carries its retailing business in four geographical areas including Malaysia, China, Myanmar, and Indonesia; Others segments include of businesses, credit services, and investment holding. The company generates its revenue from the operation of stores, which comes from China.

Parkson Holdings Bhd (XKLS:5657) Headlines

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