AGV Group (SGX:1A4) Retained Earnings : S$-25.00 Mil (As of Jun. 2021)

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What is AGV Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AGV Group's retained earnings for the quarter that ended in Jun. 2021 was S$-25.00 Mil.

AGV Group's quarterly retained earnings declined from Sep. 2020 (S$-23.82 Mil) to Mar. 2021 (S$-24.47 Mil) and declined from Mar. 2021 (S$-24.47 Mil) to Jun. 2021 (S$-25.00 Mil).

AGV Group's annual retained earnings declined from Sep. 2018 (S$-14.75 Mil) to Sep. 2019 (S$-21.54 Mil) and declined from Sep. 2019 (S$-21.54 Mil) to Sep. 2020 (S$-23.82 Mil).

AGV Group Retained Earnings Historical Data

The historical data trend for AGV 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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AGV Group Retained Earnings Chart

AGV Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Retained Earnings

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1.88

-2.21

-14.75

-21.54

-23.82

AGV Group Quarterly Data
	Sep13	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Mar21	Jun21
Retained Earnings	Get a 7-Day Free Trial												-21.73	-	-23.82	-24.47	-25.00

AGV 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.

AGV Group (SGX:1A4) 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.

AGV Group (SGX:1A4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AGV Group Ltd (SGX:1A4) » Definitions » Retained Earnings

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Address

22 Benoi Road, Singapore, SGP, 629892

Website

http://www.agvgroup.com.sg

AGV Group Ltd is an investment holding company, which engages in galvanizing business. It offers hot-dip galvanized services to the steel and iron fabrication industries in Singapore. It supports a range of customers in the field of the public sector and transport sectors. The company also engages in consultation and contract works relating to galvanization. The group operates in two geographical areas, being Singapore and Malaysia. Majority of the firm's revenue gets derived from Singapore.

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