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Master Style PCL (BKK:MASTER) Retained Earnings : ฿502 Mil (As of Mar. 2024)


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What is Master Style PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Master Style PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿502 Mil.

Master Style PCL's quarterly retained earnings increased from Sep. 2023 (฿261 Mil) to Dec. 2023 (฿396 Mil) and increased from Dec. 2023 (฿396 Mil) to Mar. 2024 (฿502 Mil).

Master Style PCL's annual retained earnings declined from Dec. 2020 (฿152 Mil) to Dec. 2021 (฿56 Mil) but then increased from Dec. 2021 (฿56 Mil) to Dec. 2023 (฿396 Mil).


Master Style PCL Retained Earnings Historical Data

The historical data trend for Master Style 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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Master Style PCL Retained Earnings Chart

Master Style PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec23
Retained Earnings
23.00 152.15 55.54 395.59

Master Style PCL Quarterly Data
Dec20 Sep21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.98 161.46 261.26 395.59 501.83

Master Style 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.


Master Style PCL  (BKK:MASTER) 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.


Master Style PCL (BKK:MASTER) Business Description

Traded in Other Exchanges
N/A
Address
99/19 Sukhothai Road, Dusit Subdistrict, Dusit District, Bangkok, THA, 10300
Master Style PCL is principally engaged in cosmetic hospital under the name of Masterpiece Hospital. It is a skincare and cosmetic surgery clinic. The company's services include; eye surgery, Nose surgery, Facial surgery, Hair transplant, and Liposuction.

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