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Dominant Enterprise Bhd (XKLS:7169) Retained Earnings : RM210.2 Mil (As of Dec. 2023)


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What is Dominant Enterprise Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dominant Enterprise Bhd's retained earnings for the quarter that ended in Dec. 2023 was RM210.2 Mil.

Dominant Enterprise Bhd's quarterly retained earnings increased from Jun. 2023 (RM208.2 Mil) to Sep. 2023 (RM208.8 Mil) and increased from Sep. 2023 (RM208.8 Mil) to Dec. 2023 (RM210.2 Mil).

Dominant Enterprise Bhd's annual retained earnings increased from Mar. 2021 (RM173.7 Mil) to Mar. 2022 (RM200.4 Mil) and increased from Mar. 2022 (RM200.4 Mil) to Mar. 2023 (RM204.6 Mil).


Dominant Enterprise Bhd Retained Earnings Historical Data

The historical data trend for Dominant Enterprise 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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Dominant Enterprise Bhd Retained Earnings Chart

Dominant Enterprise Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 158.12 162.79 173.65 200.42 204.63

Dominant Enterprise Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 200.49 204.63 208.16 208.79 210.20

Dominant Enterprise 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.


Dominant Enterprise Bhd  (XKLS:7169) 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.


Dominant Enterprise Bhd (XKLS:7169) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan Gemilang 1, Taman Perindustrian Maju Jaya, Johor Bahru, JHR, MYS, 81300
Dominant Enterprise Bhd is a Malaysia-based company engaged in the business of manufacturing and distribution of engineered wood moldings, investment holding, providing management services, laminated wood panels, and other wood accessories. The company is organized into two business segments: The manufacturing segment comprises of production of laminated wood panel products and primed density fiberboard moldings, wrapped moldings, and furniture components; and the Distribution segment comprises of distribution of wood products and building materials which also contributes as a main part of revenue. It operates mainly in the Malaysian market, while it also has a presence in Australia, Asia, and other countries.

Dominant Enterprise Bhd (XKLS:7169) Headlines

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