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Home Product Center PCL (BKK:HMPRO) Retained Earnings : ฿12,184 Mil (As of Mar. 2024)


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What is Home Product Center PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Home Product Center PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿12,184 Mil.

Home Product Center PCL's quarterly retained earnings increased from Sep. 2023 (฿8,793 Mil) to Dec. 2023 (฿10,471 Mil) and increased from Dec. 2023 (฿10,471 Mil) to Mar. 2024 (฿12,184 Mil).

Home Product Center PCL's annual retained earnings increased from Dec. 2021 (฿7,807 Mil) to Dec. 2022 (฿9,158 Mil) and increased from Dec. 2022 (฿9,158 Mil) to Dec. 2023 (฿10,471 Mil).


Home Product Center PCL Retained Earnings Historical Data

The historical data trend for Home Product Center 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.

Home Product Center PCL Retained Earnings Chart

Home Product Center 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 6,085.86 6,508.11 7,806.89 9,158.04 10,470.80

Home Product Center 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 10,769.16 9,627.38 8,793.36 10,470.80 12,183.64

Home Product Center 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.


Home Product Center PCL  (BKK:HMPRO) 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.


Home Product Center PCL (BKK:HMPRO) Business Description

Traded in Other Exchanges
Address
31 Prachachuennonthaburi Road, Amphoe Muang, Bangkhen, Nonthaburi, THA, 11000
Home Product Center PCL is a Thailand-based company engaged in the sale of home improvement products under the HomePro brand which serves as a One Stop Shopping Home Center. It provides construction, extension, and renovation services in addition to improvement of buildings, houses, and residence. The company operates in Thailand and Malaysia through its HomePro stores and subsidiaries. Maximum revenue is generated from contracts with customers and specifically through the hard line product category. The hard line merchandise category includes tools, paint, home improvement, bathroom and sanitary ware, kitchen, home appliances and electrical equipment. Geographically, it generates the majority of its revenue from Thailand.

Home Product Center PCL (BKK:HMPRO) Headlines

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