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Samart Aviation Solutions PCL (BKK:SAV) Retained Earnings : ฿-87 Mil (As of Mar. 2024)


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What is Samart Aviation Solutions PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Samart Aviation Solutions PCL's retained earnings for the quarter that ended in Mar. 2024 was ฿-87 Mil.

Samart Aviation Solutions PCL's quarterly retained earnings declined from Sep. 2023 (฿232 Mil) to Dec. 2023 (฿-181 Mil) but then increased from Dec. 2023 (฿-181 Mil) to Mar. 2024 (฿-87 Mil).

Samart Aviation Solutions PCL's annual retained earnings increased from Dec. 2021 (฿-172 Mil) to Dec. 2022 (฿27 Mil) but then declined from Dec. 2022 (฿27 Mil) to Dec. 2023 (฿-181 Mil).


Samart Aviation Solutions PCL Retained Earnings Historical Data

The historical data trend for Samart Aviation Solutions 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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Samart Aviation Solutions PCL Retained Earnings Chart

Samart Aviation Solutions PCL Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-171.62 27.14 -181.30

Samart Aviation Solutions PCL Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only - 141.14 231.93 -181.30 -87.04

Samart Aviation Solutions 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.


Samart Aviation Solutions PCL  (BKK:SAV) 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.


Samart Aviation Solutions PCL (BKK:SAV) Business Description

Traded in Other Exchanges
Address
Chaengwattana Road, 99/11 Village No. 4, Software Park Building, 25th Floor, Khlong Kluea Subdistrict, Pak Kret District, Nonthaburi, THA, 11120
Samart Aviation Solutions PCL is a holding company. It is engaged in providing air traffic control services in Cambodia. The Group is principally engaged in Utilities and Transportation.

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