DB HiTek Co (XKRX:000990) Retained Earnings : ₩1,563,261 Mil (As of Dec. 2023)

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What is DB HiTek Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DB HiTek Co's retained earnings for the quarter that ended in Dec. 2023 was ₩1,563,261 Mil.

DB HiTek Co's quarterly retained earnings increased from Jun. 2023 (₩1,466,266 Mil) to Sep. 2023 (₩1,518,148 Mil) and increased from Sep. 2023 (₩1,518,148 Mil) to Dec. 2023 (₩1,563,261 Mil).

DB HiTek Co's annual retained earnings increased from Dec. 2021 (₩831,969 Mil) to Dec. 2022 (₩1,362,361 Mil) and increased from Dec. 2022 (₩1,362,361 Mil) to Dec. 2023 (₩1,563,261 Mil).

DB HiTek Co Retained Earnings Historical Data

The historical data trend for DB HiTek 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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DB HiTek Co Retained Earnings Chart

DB HiTek Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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373,461.54

525,382.01

831,968.97

1,362,360.58

1,563,260.87

DB HiTek 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															1,362,360.58	1,385,714.34	1,466,265.90	1,518,147.89	1,563,260.87

DB HiTek 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.

DB HiTek Co (XKRX:000990) 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.

DB HiTek Co (XKRX:000990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » DB HiTek Co Ltd (XKRX:000990) » Definitions » Retained Earnings

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Address

90, Sudo-ro, Gyeonggi-do, Bucheon-si, KOR, 135-523

Website

http://www.dbhitek.co.kr

DB HiTek Co Ltd operates foundry facilities for the semiconductor industry. It primarily builds fab system-large scale integration wafers used in signal processing chips. The company uses wafer processing technology to develop chip solutions for electronic products such as televisions, computers, mobile phones, and automobiles. Dongbu Hitek's facilities add value in the areas of analog, power, embedded flash, display driver integrated circuits and image sensors. Through a network of global sales offices and support centers, the company brings its services to North America, Europe, and Asia.

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