GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » JMT Network Services PCL (BKK:JMT) » Definitions » Retained Earnings

JMT Network Services PCL (BKK:JMT) Retained Earnings : ฿2,501 Mil (As of Jun. 2024)


View and export this data going back to 2012. Start your Free Trial

What is JMT Network Services PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JMT Network Services PCL's retained earnings for the quarter that ended in Jun. 2024 was ฿2,501 Mil.

JMT Network Services PCL's quarterly retained earnings increased from Dec. 2023 (฿2,431 Mil) to Mar. 2024 (฿2,849 Mil) but then declined from Mar. 2024 (฿2,849 Mil) to Jun. 2024 (฿2,501 Mil).

JMT Network Services PCL's annual retained earnings increased from Dec. 2021 (฿1,393 Mil) to Dec. 2022 (฿1,775 Mil) and increased from Dec. 2022 (฿1,775 Mil) to Dec. 2023 (฿2,431 Mil).


JMT Network Services PCL Retained Earnings Historical Data

The historical data trend for JMT Network Services PCL'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.

JMT Network Services PCL Retained Earnings Chart

JMT Network Services PCL 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 554.31 880.64 1,393.38 1,774.90 2,430.70

JMT Network Services PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,917.83 1,887.93 2,430.70 2,848.97 2,500.67

JMT Network Services PCL 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.


JMT Network Services PCL  (BKK:JMT) 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.


JMT Network Services PCL Business Description

Traded in Other Exchanges
N/A
Address
Ramkhamhaeng Road, 187, Jaymart Building, 4th-6th Floor, Rat Phatthana Sub - District, Saphan Sung District, Bangkok, THA, 10240
JMT Network Services PCL is engaged in debt collection services, purchase of non-performing accounts receivable from financial institutions for debts management and collection, providing finance leasing services, insurance broker services. The company has three reportable segments which are Debt tracking and collection service, Non-performing accounts receivable management business, and Insurance business. Its Debt collection segment generates maximum revenue for the company. Geographically it operates in Thailand.

JMT Network Services PCL Headlines