SSI Group (PHS:SSI) Retained Earnings : ₱9,102 Mil (As of Dec. 2023)

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What is SSI Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SSI Group's retained earnings for the quarter that ended in Dec. 2023 was ₱9,102 Mil.

SSI Group's quarterly retained earnings increased from Jun. 2023 (₱7,529 Mil) to Sep. 2023 (₱8,049 Mil) and increased from Sep. 2023 (₱8,049 Mil) to Dec. 2023 (₱9,102 Mil).

SSI Group's annual retained earnings increased from Dec. 2021 (₱5,012 Mil) to Dec. 2022 (₱6,872 Mil) and increased from Dec. 2022 (₱6,872 Mil) to Dec. 2023 (₱9,102 Mil).

SSI Group Retained Earnings Historical Data

The historical data trend for SSI Group'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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SSI Group Retained Earnings Chart

SSI Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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4,664.51

4,860.70

5,011.67

6,872.41

9,102.36

SSI Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															6,872.41	7,328.38	7,529.03	8,049.43	9,102.36

SSI Group 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.

SSI Group (PHS:SSI) 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.

SSI Group (PHS:SSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SSI Group Inc (PHS:SSI) » Definitions » Retained Earnings

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Address

403 Senator Gil Puyat Avenue, 6th Floor, Midland Buendia Building, Makati City, PHL, 1200

Website

https://www.ssigroup.com.ph

SSI Group Inc together with its subsidiaries operates specialty retail stores in the Philippines. The company operates the retail network of more than 524 stores located within approximately 80 malls across the Philippines, including Metro Manila, Luzon, Visayas, and Mindanao. The company provides luxury and bridge apparel, casual wear and fast fashion, footwear, accessories and luggage, food, home and decor, and beauty and personal care products. Geographically, the company derives revenue from Philippines.

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