Sajodongaone Co (XKRX:008040) Retained Earnings : ₩56,869 Mil (As of Dec. 2024)

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What is Sajodongaone Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sajodongaone Co's retained earnings for the quarter that ended in Dec. 2024 was ₩56,869 Mil.

Sajodongaone Co's quarterly retained earnings increased from Jun. 2024 (₩51,547 Mil) to Sep. 2024 (₩59,381 Mil) but then declined from Sep. 2024 (₩59,381 Mil) to Dec. 2024 (₩56,869 Mil).

Sajodongaone Co's annual retained earnings increased from Dec. 2022 (₩26,802 Mil) to Dec. 2023 (₩35,187 Mil) and increased from Dec. 2023 (₩35,187 Mil) to Dec. 2024 (₩56,869 Mil).

Sajodongaone Co Retained Earnings Historical Data

The historical data trend for Sajodongaone 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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Sajodongaone Co Retained Earnings Chart

Sajodongaone Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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22,760.10

25,169.32

26,801.58

35,186.59

56,869.22

Sajodongaone Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															35,186.59	42,433.09	51,547.12	59,381.31	56,869.22

Sajodongaone 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.

Sajodongaone Co (XKRX:008040) 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.

Sajodongaone Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sajodongaone Co Ltd (XKRX:008040) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

12 Bangbaecheon-ro 2-gil, Bangbae 2(i)-dong, Seocho-gu, Seoul, KOR

Website

http://www.dongaone.com

Sajodongaone Co Ltd is a South Korea based company engages in the manufacture and sale of flour products and animal feeds. Its flour products business produces premium flours, all-purpose flours, cake flours, bread flours, organic flours, whole wheat flours, and others. Its animal feeds business provides feeds for chickens, pigs, cattle, dogs, cats, and fish.

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