Acsion (JSE:ACS) Retained Earnings : R5,765 Mil (As of Aug. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Acsion Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Acsion's retained earnings for the quarter that ended in Aug. 2023 was R5,765 Mil.

Acsion's quarterly retained earnings increased from Aug. 2022 (R4,670 Mil) to Feb. 2023 (R4,996 Mil) and increased from Feb. 2023 (R4,996 Mil) to Aug. 2023 (R5,765 Mil).

Acsion's annual retained earnings increased from Feb. 2021 (R3,075 Mil) to Feb. 2022 (R4,245 Mil) and increased from Feb. 2022 (R4,245 Mil) to Feb. 2023 (R4,996 Mil).

Acsion Retained Earnings Historical Data

The historical data trend for Acsion'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.

Acsion Retained Earnings Chart

Acsion Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Retained Earnings

Get a 7-Day Free Trial

2,828.88

3,051.31

3,074.94

4,245.30

4,995.58

Acsion Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Retained Earnings	Get a 7-Day Free Trial												3,665.23	4,245.30	4,670.01	4,995.58	5,765.49

Acsion 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.

Acsion (JSE:ACS) 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.

Acsion (JSE:ACS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Acsion Ltd (JSE:ACS) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

Corner Rooihuiskraal and Hendrik Verwoerd Drives, Mall Reds, 1st Floor, Rooihuiskraal Ext 15, Centurion, ZAF, 0157

Website

https://www.acsionsa.co.za

Acsion Ltd is a property development company. The company has three main reportable segments which are, South African property operations, South African hospitality operations, and Foreign property operations. The company generates majority of its revenue from the South African property operations segment. Geographically, the company's majority of the activities are based in South Africa and Cyprus with a substantial part of its revenue being generated from its operations in South Africa.

Acsion (JSE:ACS) Headlines

No Headlines