GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Roxas & Co Inc (PHS:RCI) » Definitions » Retained Earnings

Roxas (PHS:RCI) Retained Earnings : ₱5,210.8 Mil (As of Jun. 2024)


View and export this data going back to 1948. Start your Free Trial

What is Roxas Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Roxas's retained earnings for the quarter that ended in Jun. 2024 was ₱5,210.8 Mil.

Roxas's quarterly retained earnings declined from Dec. 2023 (₱5,555.5 Mil) to Mar. 2024 (₱5,466.5 Mil) and declined from Mar. 2024 (₱5,466.5 Mil) to Jun. 2024 (₱5,210.8 Mil).

Roxas's annual retained earnings increased from Dec. 2021 (₱3,200.6 Mil) to Dec. 2022 (₱4,173.3 Mil) and increased from Dec. 2022 (₱4,173.3 Mil) to Dec. 2023 (₱5,555.5 Mil).


Roxas Retained Earnings Historical Data

The historical data trend for Roxas'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.

Roxas Retained Earnings Chart

Roxas Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,017.13 2,929.08 3,200.55 4,173.32 5,555.53

Roxas 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 3,816.86 3,725.75 5,555.53 5,466.55 5,210.80

Roxas 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.


Roxas  (PHS:RCI) 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.


Roxas Business Description

Traded in Other Exchanges
N/A
Address
101 Aguirre Street, 7th Floor, Cacho-Gonzales Building, Legaspi Village, Makati, PHL, 1229
Roxas & Co Inc is primarily engaged in acquiring, owning, developing, selling, and holding investments in real estate and sugar businesses. Its segments include Real Estate, Hotel, Manufacturing, and Others. Its Real Estate segment acquires, develops, subdivides, leases, and sells agricultural, industrial, commercial, residential, and other real properties. The Hotel segment operates hotels. The Manufacturing segment involves RSAI, which is a subsidiary of the parent company and manufacturing arm of the group. RSAI is incorporated primarily to manufacture coconut products for export and domestic consumption. The Others segment owns various tracts of lands in Nasugbu, Batangas, and RGEC, an entity established primarily for renewable energy.