Nam Kim Steel JSC (STC:NKG) Retained Earnings: ₫2,340,889 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:NKG Nam Kim Steel JSC STC:NKG
75 GF Score
Price ₫10,400.00
GF Value ₫9,520.49
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Nam Kim Steel JSC Retained Earnings?

Nam Kim Steel JSC STC:NKG 75 Retained Earnings is ₫2,340,889 Mil as of Mar. 2026. GuruFocus rates STC:NKG with a GF Score™ of 75/100 and a GF Value™ of ₫9,520.49 (Fairly Valued). The stock has 7 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nam Kim Steel JSC's retained earnings for the quarter that ended in Mar. 2026 was ₫2,340,889 Mil.

Nam Kim Steel JSC's quarterly retained earnings declined from Sep. 2025 (₫2,327,966 Mil) to Dec. 2025 (₫2,318,648 Mil) but then increased from Dec. 2025 (₫2,318,648 Mil) to Mar. 2026 (₫2,340,889 Mil).

Nam Kim Steel JSC's annual retained earnings increased from Dec. 2023 (₫1,731,466 Mil) to Dec. 2024 (₫2,171,580 Mil) and increased from Dec. 2024 (₫2,171,580 Mil) to Dec. 2025 (₫2,318,648 Mil).


Nam Kim Steel JSC  (STC:NKG) 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.


Nam Kim Steel JSC Retained Earnings Historical Data

* Premium members only.

The historical data trend for Nam Kim Steel JSC'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.

Nam Kim Steel JSC Retained Earnings Chart

Nam Kim Steel JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial 2,636,156.16 1,628,041.95 1,731,465.77 2,171,579.79 2,318,648.37

Nam Kim Steel JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2,236,984.58 2,278,747.66 2,327,966.13 2,318,648.37 2,340,889.24
STC:NKG
75GF Score
Nam Kim Steel JSC STC:NKG
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nam Kim Steel JSC 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₫2,340,889 Mil mean?
Nam Kim Steel JSC (STC:NKG) has a Retained Earnings of ₫2,340,889 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Nam Kim Steel JSC and its competitors.
Is Nam Kim Steel JSC's Retained Earnings too high?
Nam Kim Steel JSC's current Retained Earnings is ₫2,340,889 Mil. Overall, Nam Kim Steel JSC has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nam Kim Steel JSC's Retained Earnings compare to NUE and STLD?
Nam Kim Steel JSC's Retained Earnings of ₫2,340,889 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Steel company?
A good Retained Earnings depends on the Steel industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Nam Kim Steel JSC and its competitors. Nam Kim Steel JSC's current Retained Earnings is ₫2,340,889 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Kim Steel JSC stock overvalued right now?
Based on GuruFocus' analysis, Nam Kim Steel JSC (STC:NKG) is currently considered Fairly Valued. The stock's GF Value™ is ₫9,520.49, compared to a current price of ₫10,400.00 — trading 9.2% above its estimated fair value. The current Retained Earnings is ₫2,340,889 Mil. Nam Kim Steel JSC's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Nam Kim Steel JSC (STC:NKG), the current Retained Earnings is ₫2,340,889 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nam Kim Steel JSC (STC:NKG) Overvalued in 2026?

Based on GuruFocus' analysis, Nam Kim Steel JSC stock appears to be overvalued. The current stock price of ₫10,400.00 is trading 9.2% above its estimated GF Value™ of ₫9,520.49. GuruFocus considers Nam Kim Steel JSC to be Fairly Valued.

Key valuation signals for STC:NKG:

  • Retained Earnings: ₫2,340,889 Mil
  • GF Value™: ₫9,520.49 vs. price of ₫10,400.00 (9.2% above fair value)
  • GF Score™: 75/100 with 7 warning signs

No single metric tells the full story. See the STC:NKG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nam Kim Steel JSC Business Description

Address Lot A1, Street D2, Dong An 2 Industrial Park, Binh Duong Ward, Ho Chi Minh, Binh Duong Province, VNM
Nam Kim Steel JSC through its subsidiaries manufactures of other metal products, production of steel tole: galvanized, aluminium-zinc alloy coated, steel sheets (galvalume), steel sheets coated, galvanized coating; Production of iron, steel, cast iron, production of steel pipes, steel and rolled steel products, cold rolled steel, galvanized steel, black steel tape, galvanized steel tape; Wholesale of metals and metals ores, details: wholesale iron and steel; Mechanical processing, handling and metal coating; Trading scrap; and Road transportation services; logistics services, cargo handling services; leasing of transport vehicles and other transport-related support services.
75GF Score

Get the complete analysis for STC:NKG

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫10,400.00
Price
₫9,520.49
GF Value