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Dagang NeXchange Bhd (XKLS:4456) Retained Earnings : RM658.3 Mil (As of Mar. 2024)


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What is Dagang NeXchange Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dagang NeXchange Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM658.3 Mil.

Dagang NeXchange Bhd's quarterly retained earnings increased from Mar. 2023 (RM596.9 Mil) to Sep. 2023 (RM659.1 Mil) but then declined from Sep. 2023 (RM659.1 Mil) to Mar. 2024 (RM658.3 Mil).

Dagang NeXchange Bhd's annual retained earnings increased from Dec. 2017 (RM72.9 Mil) to Dec. 2018 (RM96.8 Mil) and increased from Dec. 2018 (RM96.8 Mil) to Dec. 2019 (RM114.3 Mil).


Dagang NeXchange Bhd Retained Earnings Historical Data

The historical data trend for Dagang NeXchange 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.

Dagang NeXchange Bhd Retained Earnings Chart

Dagang NeXchange Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54.00 25.03 72.86 96.75 114.33

Dagang NeXchange Bhd Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24
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 804.81 836.69 596.93 659.12 658.33

Dagang NeXchange 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.


Dagang NeXchange Bhd  (XKLS:4456) 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.


Dagang NeXchange Bhd (XKLS:4456) Business Description

Traded in Other Exchanges
N/A
Address
Dagang Net Tower, Block 10 (A & B) Corporate Park, Star Central, Lingkaran, Cyberpoint Timur, Cyber 12, Cyberjaya, SGR, MYS, 63000
Dagang NeXchange Bhd is a Malaysia based company. The business operates in various segments that include Corporate, which is an investment holding; Information Technology (IT), which supply, delivery, install, testing, commissioning and maintenance of IT hardware, development, management and provision of business to government (B2G) e-commerce and others; and Energy, which provides upstream oil and gas exploration, production sale of oil and gas-related equipment and services, provision of engineering, technical support and involvement in power plant, and energy-related business. The Information Technology segment generates maximum revenue for the company. It offers its services only to the Malaysia region.

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