GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Cheil Industries Inc (XKRX:001300) » Definitions » Retained Earnings

Cheil Industries (XKRX:001300) Retained Earnings : ₩4,540,590 Mil (As of Mar. 2016)


View and export this data going back to . Start your Free Trial

What is Cheil Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cheil Industries's retained earnings for the quarter that ended in Mar. 2016 was ₩4,540,590 Mil.

Cheil Industries's quarterly retained earnings declined from Sep. 2015 (₩5,680,190 Mil) to Dec. 2015 (₩4,872,957 Mil) and declined from Dec. 2015 (₩4,872,957 Mil) to Mar. 2016 (₩4,540,590 Mil).

Cheil Industries's annual retained earnings increased from Dec. 2013 (₩2,103,696 Mil) to Dec. 2014 (₩2,521,724 Mil) and increased from Dec. 2014 (₩2,521,724 Mil) to Dec. 2015 (₩4,872,957 Mil).


Cheil Industries Retained Earnings Historical Data

The historical data trend for Cheil Industries'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.

Cheil Industries Retained Earnings Chart

Cheil Industries Annual Data
Trend Dec13 Dec14 Dec15
Retained Earnings
2,103,695.78 2,521,723.96 4,872,957.40

Cheil Industries Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Retained Earnings Get a 7-Day Free Trial Premium Member Only 2,570,197.28 2,542,918.63 5,680,190.36 4,872,957.40 4,540,589.99

Cheil Industries 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.


Cheil Industries  (XKRX:001300) 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.


Cheil Industries (XKRX:001300) Business Description

Traded in Other Exchanges
N/A
Address
Samsung C&T Corp was founded in 1938. The Company was formed from the merger of Samsung C&T Corporation ('Samsung C&T') and Cheil Industries Inc. The Company operates four business including engineering & construction, trading & investment, fashion and resort & construction. In the engineering & construction business it provides services including planning, design, purchasing, construction and management of buildings, civil infrastructure, power plants and housing & developments. The Company's trading & investment business includes trading of industrial commodities such as chemicals, steel and natural resources, and organizing projects such as power plant, renewable energy and infrastructure development. The Company also trades chemicals and industrial materials including fertilizer, mining chemicals, methanol and electronic materials, steel products including hot rolled steel, plate and automotive steel, and natural resources including coal and copper. It also operates palm plantation. The Company's fashion business is engaged in manufacturing and designing fashion products and offers brands including 8 Seconds, 10 Corso Como Seoul, Aann Demeulemeester, Beanpole Men, Beanpole Ladies, Beanpole Kids, Beanpole Golf, Beanpole Accessory, Beanpole Outdoor, Balmain, Beaker, Colombo, Comme Des Garcons, Galaxy, Giuseppe Zanotti, Kuho, Lansmere, Lebeige and Valextra. The Company's resort business is engaged in operating Everland & Caribbean Bay resorts and Golf Clubs; and also engaged in construction, plant, and landscaping businesses.

Cheil Industries (XKRX:001300) Headlines

No Headlines