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Communication and System Solution PCL (BKK:CSS) Retained Earnings : ฿313 Mil (As of Mar. 2024)


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What is Communication and System Solution PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Communication and System Solution PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿313 Mil.

Communication and System Solution PCL's quarterly retained earnings declined from Sep. 2023 (฿350 Mil) to Dec. 2023 (฿325 Mil) and declined from Dec. 2023 (฿325 Mil) to Mar. 2024 (฿313 Mil).

Communication and System Solution PCL's annual retained earnings declined from Dec. 2021 (฿413 Mil) to Dec. 2022 (฿363 Mil) and declined from Dec. 2022 (฿363 Mil) to Dec. 2023 (฿325 Mil).


Communication and System Solution PCL Retained Earnings Historical Data

The historical data trend for Communication and System Solution 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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Communication and System Solution PCL Retained Earnings Chart

Communication and System Solution 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 189.93 235.60 412.79 363.17 324.63

Communication and System Solution 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 389.23 339.61 350.39 324.63 313.38

Communication and System Solution 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.


Communication and System Solution PCL  (BKK:CSS) 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.


Communication and System Solution PCL (BKK:CSS) Business Description

Traded in Other Exchanges
N/A
Address
329 Moo 3 Banmai, Pakkred, Nonthaburi, THA, 11120
Communication and System Solution PCL is a Thailand based company engaged in the distribution and installation of equipment production for electricity, water, air conditioning, and telecommunication systems. It operates in two segments the Distribution electrical equipment segment and the Installation service segment. The Distribution electrical equipment segment operates as a distributor of electrical wires and other types of electrical systems equipment, as well as passive fire protection materials. The installation service segment is engaged in the design and installation of the communication system and fire protection systems and maintenance services. It derives a majority of the revenue from the Distribution of electrical equipment.