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Asia Paper Mfg Co (XKRX:002310) Retained Earnings : ₩586,768 Mil (As of Mar. 2024)


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What is Asia Paper Mfg Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Asia Paper Mfg Co's retained earnings for the quarter that ended in Mar. 2024 was ₩586,768 Mil.

Asia Paper Mfg Co's quarterly retained earnings increased from Sep. 2023 (₩579,631 Mil) to Dec. 2023 (₩589,396 Mil) but then declined from Dec. 2023 (₩589,396 Mil) to Mar. 2024 (₩586,768 Mil).

Asia Paper Mfg Co's annual retained earnings increased from Dec. 2021 (₩434,551 Mil) to Dec. 2022 (₩524,280 Mil) and increased from Dec. 2022 (₩524,280 Mil) to Dec. 2023 (₩589,396 Mil).


Asia Paper Mfg Co Retained Earnings Historical Data

The historical data trend for Asia Paper Mfg 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.

* Premium members only.

Asia Paper Mfg Co Retained Earnings Chart

Asia Paper Mfg Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 282,182.35 353,025.31 434,551.36 524,280.43 589,395.61

Asia Paper Mfg Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 534,106.86 559,022.24 579,630.77 589,395.61 586,768.40

Asia Paper Mfg 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.


Asia Paper Mfg Co  (XKRX:002310) 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.


Asia Paper Mfg Co (XKRX:002310) Business Description

Traded in Other Exchanges
N/A
Address
726 Yoksam Dong, Asia Tower, Kangnam-Ku, Seoul, KOR, 135-921
Asia Paper Mfg Co Ltd is a Korea based paper making company. It is engaged in the manufacturing and marketing of corrugated cardboard used for packaging. The products offered by the company includes test linerboard, gypsum linerboard and kraft paper.

Asia Paper Mfg Co (XKRX:002310) Headlines

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