GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Careplus Group Bhd (XKLS:0163) » Definitions » Retained Earnings

Careplus Group Bhd (XKLS:0163) Retained Earnings : RM76.03 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Careplus Group Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Careplus Group Bhd's retained earnings for the quarter that ended in Dec. 2023 was RM76.03 Mil.

Careplus Group Bhd's quarterly retained earnings declined from Jun. 2023 (RM92.78 Mil) to Sep. 2023 (RM83.43 Mil) and declined from Sep. 2023 (RM83.43 Mil) to Dec. 2023 (RM76.03 Mil).

Careplus Group Bhd's annual retained earnings declined from Dec. 2018 (RM22.97 Mil) to Dec. 2019 (RM17.68 Mil) but then increased from Dec. 2019 (RM17.68 Mil) to Dec. 2020 (RM125.92 Mil).


Careplus Group Bhd Retained Earnings Historical Data

The historical data trend for Careplus Group Bhd'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.

Careplus Group Bhd Retained Earnings Chart

Careplus Group Bhd Annual Data
Trend Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.31 24.40 22.97 17.68 125.92

Careplus Group Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23
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 210.28 175.58 92.78 83.43 76.03

Careplus Group Bhd 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.


Careplus Group Bhd  (XKLS:0163) 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.


Careplus Group Bhd (XKLS:0163) Business Description

Traded in Other Exchanges
N/A
Address
Lot 17479, Lorong Senawang 3/2, Off Jalan Senawang 3, Senawang Industrial Estate, Seremban, NSN, MYS, 70450
Careplus Group Bhd is involved in the manufacturing, processing, and trading of gloves. The company's product consists of Latex exam gloves, Latex surgical gloves and Nitrile exam gloves. Its Latex exam gloves are used in the medical examinations and procedures, diagnostic procedures by the dentist, laboratory practices and for food handling practices. The Nitrile exam gloves are generally used in laboratory practices and the automotive industry. Geographically, it has operations in Central, North and South America, Malaysia, and the other Asia Pacific regions. It generates a vast majority of revenues from Other Asia Pacific and South America.

Careplus Group Bhd (XKLS:0163) Headlines

No Headlines