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Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Retained Earnings : RM1,513 Mil (As of Mar. 2024)


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What is Syarikat Takaful Malaysia Keluarga Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Syarikat Takaful Malaysia Keluarga Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM1,513 Mil.

Syarikat Takaful Malaysia Keluarga Bhd's quarterly retained earnings declined from Sep. 2023 (RM1,473 Mil) to Dec. 2023 (RM1,411 Mil) but then increased from Dec. 2023 (RM1,411 Mil) to Mar. 2024 (RM1,513 Mil).

Syarikat Takaful Malaysia Keluarga Bhd's annual retained earnings declined from Dec. 2021 (RM1,545 Mil) to Dec. 2022 (RM1,180 Mil) but then increased from Dec. 2022 (RM1,180 Mil) to Dec. 2023 (RM1,411 Mil).


Syarikat Takaful Malaysia Keluarga Bhd Retained Earnings Historical Data

The historical data trend for Syarikat Takaful Malaysia Keluarga 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.

Syarikat Takaful Malaysia Keluarga Bhd Retained Earnings Chart

Syarikat Takaful Malaysia Keluarga Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 967.60 1,230.05 1,544.76 1,180.12 1,410.83

Syarikat Takaful Malaysia Keluarga Bhd 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 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 1,225.81 1,381.50 1,472.60 1,410.83 1,513.13

Syarikat Takaful Malaysia Keluarga 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.


Syarikat Takaful Malaysia Keluarga Bhd  (XKLS:6139) 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.


Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Jalan Sultan Sulaiman, Tingkat 14, Block Annexe, Menara Takafu, Kuala Lumpur, SGR, MYS, 50000
Syarikat Takaful Malaysia Keluarga Bhd is a takaful insurance provider in Malaysia and Indonesia. Like insurance, takaful protects participants from loss, but unlike traditional insurance, it adheres to a business model that conforms to Islamic religious law. The company's business includes participants who pool their money into a Participant Risk Fund, which then has funds available to disburse when a participant is facing a loss. For managing the takaful fund, the company receives a service fee on participant contributions. Syarikat Takaful Malaysia manages family and general takaful businesses, which include medical, motor, and home takaful. The vast majority of the company's revenue comes from customers in Malaysia.

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