SNT Motiv (XKRX:064960) Retained Earnings : ₩830,034 Mil (As of Dec. 2023)

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What is SNT Motiv Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SNT Motiv's retained earnings for the quarter that ended in Dec. 2023 was ₩830,034 Mil.

SNT Motiv's quarterly retained earnings increased from Jun. 2023 (₩809,007 Mil) to Sep. 2023 (₩830,618 Mil) but then declined from Sep. 2023 (₩830,618 Mil) to Dec. 2023 (₩830,034 Mil).

SNT Motiv's annual retained earnings increased from Dec. 2021 (₩694,981 Mil) to Dec. 2022 (₩765,057 Mil) and increased from Dec. 2022 (₩765,057 Mil) to Dec. 2023 (₩830,034 Mil).

SNT Motiv Retained Earnings Historical Data

The historical data trend for SNT Motiv'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.

SNT Motiv Retained Earnings Chart

SNT Motiv Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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587,978.37

626,220.68

694,981.15

765,056.72

830,033.67

SNT Motiv 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															765,056.72	781,593.72	809,007.09	830,618.26	830,033.67

SNT Motiv 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.

SNT Motiv (XKRX:064960) 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.

SNT Motiv (XKRX:064960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SNT Motiv (XKRX:064960) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

363 Yeoraksongjeong-ro, Cheolma-myeon, Gijang-gun, Busan, KOR

Website

http://www.sntdaewoo.com

SNT Motiv is a Korean company that is engaged in developing and producing core components and defense products for automobiles. The company offers chassis, including suspension modules, shock absorbers, and steering knuckles; electronic products, including remote keyless entry (RKE) systems, immobilizers, driver seat control systems and other; defense products, such as rifles and machine guns, and others.

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