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PT Equity Development Investment Tbk (ISX:GSMF) Retained Earnings : Rp-988,954 Mil (As of Mar. 2024)


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What is PT Equity Development Investment Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Equity Development Investment Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp-988,954 Mil.

PT Equity Development Investment Tbk's quarterly retained earnings declined from Sep. 2023 (Rp-949,297 Mil) to Dec. 2023 (Rp-995,176 Mil) but then increased from Dec. 2023 (Rp-995,176 Mil) to Mar. 2024 (Rp-988,954 Mil).

PT Equity Development Investment Tbk's annual retained earnings increased from Dec. 2021 (Rp-954,212 Mil) to Dec. 2022 (Rp-936,037 Mil) but then declined from Dec. 2022 (Rp-936,037 Mil) to Dec. 2023 (Rp-995,176 Mil).


PT Equity Development Investment Tbk Retained Earnings Historical Data

The historical data trend for PT Equity Development Investment Tbk'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.

PT Equity Development Investment Tbk Retained Earnings Chart

PT Equity Development Investment Tbk 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 -888,025.00 -960,380.00 -954,212.00 -936,037.00 -995,176.00

PT Equity Development Investment Tbk 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 -957,720.00 -954,706.00 -949,297.00 -995,176.00 -988,954.00

PT Equity Development Investment Tbk 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.


PT Equity Development Investment Tbk  (ISX:GSMF) 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.


PT Equity Development Investment Tbk (ISX:GSMF) Business Description

Traded in Other Exchanges
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Address
Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk, 3rd Floor, Central Jakarta, IDN, 10120
PT Equity Development Investment Tbk is an Indonesia-based investment holding company engaged in the insurance business through its subsidiaries. It is also engaged in providing leasing, consumer financing, and factoring services. The company and its subsidiaries have categorized their business activity into four segments by the nature of the business which include Insurance, Financing, Securities & Stock Administration, Equity Participation, Travel Services, & Venture Capital, out of which the majority of the revenue is generated from the Insurance segment. The company's geographical segments include Java Island and Outside Java Island.

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