ICH Co (XKRX:368600) Retained Earnings : ₩2,422 Mil (As of Mar. 2024)

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What is ICH Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ICH Co's retained earnings for the quarter that ended in Mar. 2024 was ₩2,422 Mil.

ICH Co's quarterly retained earnings increased from Sep. 2023 (₩186 Mil) to Dec. 2023 (₩1,107 Mil) and increased from Dec. 2023 (₩1,107 Mil) to Mar. 2024 (₩2,422 Mil).

ICH Co's annual retained earnings declined from Dec. 2021 (₩18,153 Mil) to Dec. 2022 (₩11,736 Mil) and declined from Dec. 2022 (₩11,736 Mil) to Dec. 2023 (₩1,107 Mil).

ICH Co Retained Earnings Historical Data

The historical data trend for ICH 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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ICH Co Retained Earnings Chart

ICH Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

6,129.59

8,420.00

18,153.50

11,735.77

1,107.23

ICH Co Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial							8,875.64	5,123.49	186.10	1,107.23	2,422.11

ICH 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.

ICH Co (XKRX:368600) 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.

ICH Co (XKRX:368600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ICH Co Ltd (XKRX:368600) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

13, Humsaejeonli-gil, Gyeonggi-do, Dangjeong-dong, Gunpo-si, KOR

Website

http://www.ch-ich.com

ICH Co Ltd is a company specializing in cutting-edge film-type circuit materials. It develops raw materials that are essential for various IT electrical and electronic devices and structure them in a multi-layered structure. The company produces thin film antennas, electromagnetic shielding gaskets, and other products.

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