SPC Power (PHS:SPC) Retained Earnings : ₱8,807 Mil (As of Mar. 2024)

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What is SPC Power Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SPC Power's retained earnings for the quarter that ended in Mar. 2024 was ₱8,807 Mil.

SPC Power's quarterly retained earnings increased from Sep. 2023 (₱4,026 Mil) to Dec. 2023 (₱9,598 Mil) but then declined from Dec. 2023 (₱9,598 Mil) to Mar. 2024 (₱8,807 Mil).

SPC Power's annual retained earnings increased from Dec. 2021 (₱5,954 Mil) to Dec. 2022 (₱6,927 Mil) and increased from Dec. 2022 (₱6,927 Mil) to Dec. 2023 (₱9,598 Mil).

SPC Power Retained Earnings Historical Data

The historical data trend for SPC Power'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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SPC Power Retained Earnings Chart

SPC Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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5,677.18

7,083.37

5,954.37

6,927.42

9,598.00

SPC Power 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															7,191.39	7,745.02	4,025.72	9,598.00	8,806.87

SPC Power 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.

SPC Power (PHS:SPC) 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.

SPC Power (PHS:SPC) Business Description

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Address

Archbishop Reyes Avenue, Cebu Business Park, 7th Floor, Cebu Holdings Center, Cebu, PHL, 6000

Website

http://www.spcpowergroup.com

SPC Power Corp is managed through three segments: Generation and supply of power and ancillary services to NPC/PSALM, NGCP, distribution utilities, WESM and other customers; Distribution and sales of electricity to the end-users; and Others segment that operates SECI and SLCI such as to manage, operate and invest in power generating plants and related facilities. It operates and generates revenue principally only in the Philippines.