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DS Dansuk Co (XKRX:017860) Retained Earnings : ₩132,619 Mil (As of Sep. 2024)


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What is DS Dansuk Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DS Dansuk Co's retained earnings for the quarter that ended in Sep. 2024 was ₩132,619 Mil.

DS Dansuk Co's quarterly retained earnings increased from Mar. 2024 (₩133,006 Mil) to Jun. 2024 (₩135,407 Mil) but then declined from Jun. 2024 (₩135,407 Mil) to Sep. 2024 (₩132,619 Mil).

DS Dansuk Co's annual retained earnings declined from Dec. 2021 (₩120,107 Mil) to Dec. 2022 (₩91,419 Mil) but then increased from Dec. 2022 (₩91,419 Mil) to Dec. 2023 (₩130,204 Mil).


DS Dansuk Co Retained Earnings Historical Data

The historical data trend for DS Dansuk 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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DS Dansuk Co Retained Earnings Chart

DS Dansuk Co Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
120,106.62 91,419.38 130,203.82

DS Dansuk Co Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Retained Earnings Get a 7-Day Free Trial 126,138.30 130,203.82 133,005.80 135,406.95 132,618.60

DS Dansuk 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.


DS Dansuk Co  (XKRX:017860) 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.


DS Dansuk Co Business Description

Traded in Other Exchanges
N/A
Address
165 Hyeopjeong-ro, Gyeonggi-do, Jeongwang-dong, Siheung-si, KOR
DS Dansuk Co Ltd is a company is engaged in an eco-friendly business that systemizes the circular economy and is operated in three business divisions, including bioenergy, battery recycling, and plastic recycling, depending on the characteristics of the business.

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