Betagro PCL (BKK:BTG) Retained Earnings : ฿658 Mil (As of Mar. 2024)

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What is Betagro PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Betagro PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿658 Mil.

Betagro PCL's quarterly retained earnings declined from Sep. 2023 (฿1,479 Mil) to Dec. 2023 (฿782 Mil) and declined from Dec. 2023 (฿782 Mil) to Mar. 2024 (฿658 Mil).

Betagro PCL's annual retained earnings declined from Dec. 2021 (฿7,845 Mil) to Dec. 2022 (฿4,188 Mil) and declined from Dec. 2022 (฿4,188 Mil) to Dec. 2023 (฿782 Mil).

Betagro PCL Retained Earnings Historical Data

The historical data trend for Betagro PCL'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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Betagro PCL Retained Earnings Chart

Betagro PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

12,191.83

13,845.65

7,845.07

4,187.51

781.63

Betagro PCL Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial									4,580.29	2,262.90	1,478.81	781.63	657.57

Betagro PCL 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.

Betagro PCL (BKK:BTG) 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.

Betagro PCL (BKK:BTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Betagro PCL (BKK:BTG) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Moo 6, Vibhavadi Rangsit Road, 323 Betagro Tower (North Park), Kwaeng Thungsonghong, Ket Laksi, Bangkok, THA, 10210

Website

https://www.betagro.com

Betagro PCL is an integrated agro-industrial and food company. The company's segment includes Agro Business, Consumer Food Business; Export Business; Non-Package Meat Products Business; Co and By-Products and Other Food Business; Livestock Business; International Business; Pet Business, and others. It generates maximum revenue from the Consumer Food Business segment. Geographically, the majority of revenue is from Thailand.