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Charoen Pokphand Foods PCL (BKK:CPF) Retained Earnings : ฿122,357 Mil (As of Dec. 2023)


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What is Charoen Pokphand Foods PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Charoen Pokphand Foods PCL's retained earnings for the quarter that ended in Dec. 2023 was ฿122,357 Mil.

Charoen Pokphand Foods PCL's quarterly retained earnings declined from Jun. 2023 (฿129,664 Mil) to Sep. 2023 (฿127,938 Mil) and declined from Sep. 2023 (฿127,938 Mil) to Dec. 2023 (฿122,357 Mil).

Charoen Pokphand Foods PCL's annual retained earnings increased from Dec. 2021 (฿128,764 Mil) to Dec. 2022 (฿136,925 Mil) but then declined from Dec. 2022 (฿136,925 Mil) to Dec. 2023 (฿122,357 Mil).


Charoen Pokphand Foods PCL Retained Earnings Historical Data

The historical data trend for Charoen Pokphand Foods 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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Charoen Pokphand Foods PCL Retained Earnings Chart

Charoen Pokphand Foods 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 103,579.29 119,893.13 128,763.61 136,924.71 122,356.70

Charoen Pokphand Foods PCL 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 136,924.71 134,471.87 129,664.16 127,937.71 122,356.70

Charoen Pokphand Foods 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.


Charoen Pokphand Foods PCL  (BKK:CPF) 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.


Charoen Pokphand Foods PCL (BKK:CPF) Business Description

Traded in Other Exchanges
Address
Silom Road, 313 C.P. Tower, Silom, Bangrak, Bangkok, THA, 10500
Charoen Pokphand Foods PCL operates in agro-industrial and integrated food businesses. The group's business operations are located throughout Thailand and overseas. The businesses are divided into two main segments namely the livestock business which comprises chicken, duck and pigs and the aquaculture business comprises shrimp and fish. The two main businesses are vertically integrated, starting from sourcing raw materials for animal feed production, manufacturing animal feed, breeding animals, farming animals for commercial purposes, primary processing meat, producing ready-to-eat food products, and including operating food retail outlets and restaurants.