Lat Co (XKRX:311060) Retained Earnings : ₩-2,029 Mil (As of Dec. 2023)

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What is Lat Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lat Co's retained earnings for the quarter that ended in Dec. 2023 was ₩-2,029 Mil.

Lat Co's quarterly retained earnings increased from Dec. 2021 (₩-1,356 Mil) to Dec. 2022 (₩-222 Mil) but then declined from Dec. 2022 (₩-222 Mil) to Dec. 2023 (₩-2,029 Mil).

Lat Co's annual retained earnings increased from Dec. 2021 (₩-1,356 Mil) to Dec. 2022 (₩-222 Mil) but then declined from Dec. 2022 (₩-222 Mil) to Dec. 2023 (₩-2,029 Mil).

Lat Co Retained Earnings Historical Data

The historical data trend for Lat 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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Lat Co Retained Earnings Chart

Lat Co Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

-1,356.14

-221.86

-2,029.24

Lat Co Semi-Annual Data
	Dec21	Dec22	Dec23
Retained Earnings	-1,356.14	-221.86	-2,029.24

Lat 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.

Lat Co (XKRX:311060) 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.

Lat Co (XKRX:311060) Business Description

Industry

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Address

766-2 Gosaek-dong, Gwonseon-gu, Pyeong-dong, Gyeonggi-do, 1433-100, Suwon, KOR, 16643

Website

http://www.latplasma.com

Lat Co Ltd is a Korean company which operates in the vacuum equipment industry. It manufactures semiconductor and display equipment, while its products offerings include Vacuum deposition equipment, Heat treatment devices, etching devices, fusion compound devices, and other devices. It offers products for industries including solar cells (MEMS, PACKAGE, PCB), displays (AMOLED, LCD), and renewable energy (crystalline, thin film solar cells).

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