LG Uplus (XKRX:032640) Retained Earnings : ₩5,314,587 Mil (As of Sep. 2024)

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What is LG Uplus Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LG Uplus's retained earnings for the quarter that ended in Sep. 2024 was ₩5,314,587 Mil.

LG Uplus's quarterly retained earnings increased from Mar. 2024 (₩5,125,859 Mil) to Jun. 2024 (₩5,288,169 Mil) and increased from Jun. 2024 (₩5,288,169 Mil) to Sep. 2024 (₩5,314,587 Mil).

LG Uplus's annual retained earnings increased from Dec. 2021 (₩4,364,076 Mil) to Dec. 2022 (₩4,866,522 Mil) and increased from Dec. 2022 (₩4,866,522 Mil) to Dec. 2023 (₩5,167,580 Mil).

LG Uplus Retained Earnings Historical Data

The historical data trend for LG Uplus'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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LG Uplus Retained Earnings Chart

LG Uplus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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3,554,860.00

3,968,550.00

4,364,076.00

4,866,522.00

5,167,580.00

LG Uplus Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															5,107,383.00	5,167,580.00	5,125,859.00	5,288,169.00	5,314,587.00

LG Uplus 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.

LG Uplus (XKRX:032640) 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.

LG Uplus Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » LG Uplus Corp (XKRX:032640) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

LG Uplus Tower, 82, Namdaemunno 5-ga, Seoul, KOR, 100-095

Website

http://www.uplus.co.kr

LG Uplus is a Korean telecommunications operator selling mobile and fixed-line products. It entered the Korean mobile market in 1996 as LG Telecom by acquiring a mobile license, then building out a mobile network. Parent company LG Corp. merged LG Telecom with LG Dacom and LG Powercom in 2010 to add fixed-line and internet capabilities to the existing mobile business and changed its name to LG Uplus that same year. The firm competes against KT and SK Telecom, which were formed from the previously state-owned monopoly, Korea Telecom. Given that KT and SKT had incumbent telecom businesses before LG Uplus started its business, LG Uplus has lower market shares than the other two in the key telecom services.

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