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Grande Asset Hotels And Property PCL (BKK:GRAND) Retained Earnings : ฿-4,131 Mil (As of Mar. 2024)


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What is Grande Asset Hotels And Property PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grande Asset Hotels And Property PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿-4,131 Mil.

Grande Asset Hotels And Property PCL's quarterly retained earnings declined from Sep. 2023 (฿-3,847 Mil) to Dec. 2023 (฿-3,973 Mil) and declined from Dec. 2023 (฿-3,973 Mil) to Mar. 2024 (฿-4,131 Mil).

Grande Asset Hotels And Property PCL's annual retained earnings declined from Dec. 2021 (฿-2,306 Mil) to Dec. 2022 (฿-3,253 Mil) and declined from Dec. 2022 (฿-3,253 Mil) to Dec. 2023 (฿-3,973 Mil).


Grande Asset Hotels And Property PCL Retained Earnings Historical Data

The historical data trend for Grande Asset Hotels And Property 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.

Grande Asset Hotels And Property PCL Retained Earnings Chart

Grande Asset Hotels And Property 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 448.42 -578.14 -2,306.45 -3,252.67 -3,973.37

Grande Asset Hotels And Property 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 -3,438.03 -3,607.37 -3,847.25 -3,973.37 -4,130.89

Grande Asset Hotels And Property 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.


Grande Asset Hotels And Property PCL  (BKK:GRAND) 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.


Grande Asset Hotels And Property PCL (BKK:GRAND) Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit Road, Room No 3203-4 32nd Floor, 388, Exchange Tower Building, Klongtoey Sub-district, Klongtoey District, Bangkok, THA, 10110
Grande Asset Hotels And Property PCL is a company. operates in the hotel industry. Its operating segments include Hotel business; Rental business, and Property development business., of which prime revenue is derived from the Hotel business segment. The company focuses its business and long-term investment in hotels that are international and globally managed brands and real estate development. Its property portfolio includes Sheraton Hua Hin Pranburi Villas, Sheraton Hua Hin Resort & Spa Hotel, The Westin Grande Sukhumvit, Hyde Sukhumvit Condominium, Hua Hin Blue Lagoon Resort, and The Trendy Condominium.

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