GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) » Definitions » Retained Earnings

Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Retained Earnings : ฿753 Mil (As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Kiang Huat Sea Gull Trading Frozen Food PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kiang Huat Sea Gull Trading Frozen Food PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿753 Mil.

Kiang Huat Sea Gull Trading Frozen Food PCL's quarterly retained earnings declined from Sep. 2023 (฿784 Mil) to Dec. 2023 (฿775 Mil) and declined from Dec. 2023 (฿775 Mil) to Mar. 2024 (฿753 Mil).

Kiang Huat Sea Gull Trading Frozen Food PCL's annual retained earnings increased from Dec. 2021 (฿652 Mil) to Dec. 2022 (฿736 Mil) and increased from Dec. 2022 (฿736 Mil) to Dec. 2023 (฿775 Mil).


Kiang Huat Sea Gull Trading Frozen Food PCL Retained Earnings Historical Data

The historical data trend for Kiang Huat Sea Gull Trading Frozen Food 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.

* Premium members only.

Kiang Huat Sea Gull Trading Frozen Food PCL Retained Earnings Chart

Kiang Huat Sea Gull Trading Frozen Food PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 758.90 608.72 652.12 735.66 774.80

Kiang Huat Sea Gull Trading Frozen Food PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 697.48 784.11 784.37 774.80 753.41

Kiang Huat Sea Gull Trading Frozen Food 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.


Kiang Huat Sea Gull Trading Frozen Food PCL  (BKK:CHOTI) 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.


Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Business Description

Traded in Other Exchanges
N/A
Address
4/2 Moo 3, Asia 43 Road, Tambol Namom, Amphur Namom, Songkhla, THA, 90310
Kiang Huat Sea Gull Trading Frozen Food PCL is engaged in the frozen seafood manufacturing business. The production processes include beheading, peeling, sizing, weighing, arranging, cooking, value-added processing, and freezing and packing. The company produces a wide variety of block, vacuum-packed items such as Raw and cooked head-on, Headless and peeled shrimps, Extended shrimps (nobashi), Cooked tail-on butterfly shrimps (sushi), Breaded shrimps (panko), Easily peeled shrimps, Slipper lobster tail, and Meat. The organization sells its products under its own brands which are Sea Kin, Sea Champion, Eagle, Sea Queen, Sea Flower, and Blue Gulf. The group sells its products in Asia, Europe, America, Africa, and Thailand, of which key revenue is generated from Asia.

Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Headlines

No Headlines