Binggrae Co (XKRX:005180) Retained Earnings : ₩553,948 Mil (As of Dec. 2023)

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What is Binggrae Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Binggrae Co's retained earnings for the quarter that ended in Dec. 2023 was ₩553,948 Mil.

Binggrae Co's quarterly retained earnings increased from Jun. 2023 (₩520,425 Mil) to Sep. 2023 (₩573,301 Mil) but then declined from Sep. 2023 (₩573,301 Mil) to Dec. 2023 (₩553,948 Mil).

Binggrae Co's annual retained earnings increased from Dec. 2021 (₩468,439 Mil) to Dec. 2022 (₩487,440 Mil) and increased from Dec. 2022 (₩487,440 Mil) to Dec. 2023 (₩553,948 Mil).

Binggrae Co Retained Earnings Historical Data

The historical data trend for Binggrae Co'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.

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Binggrae Co Retained Earnings Chart

Binggrae Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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462,381.49

501,642.65

468,439.02

487,440.37

553,947.94

Binggrae Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															487,440.37	482,829.64	520,424.66	573,301.12	553,947.94

Binggrae Co 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.

Binggrae Co (XKRX:005180) 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.

Binggrae Co (XKRX:005180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Binggrae Co Ltd (XKRX:005180) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

45, Dasansunhwan-ro, Gyeonggi-do, Namyangju-si, KOR

Website

http://www.bing.co.kr

Binggrae Co Ltd is a Korea-based company engaged in the manufacturing and processing of dairy products and snacks. The business activity of the group is primarily operated through two divisions namely Refrigeration and Cold storage division. The Refrigeration division is engaged in the production of Ice cream and other frozen snacks, and Cold storage division engaged in the production of Dairy drinks such as milk and yogurt as well as other snacks. The products are offered under the brand name of Melona, Samanco, Pop Top, Pangtoa and others.

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