BIT Computer Co (XKRX:032850) Retained Earnings : ₩53,123 Mil (As of Dec. 2024)

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What is BIT Computer Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BIT Computer Co's retained earnings for the quarter that ended in Dec. 2024 was ₩53,123 Mil.

BIT Computer Co's quarterly retained earnings increased from Jun. 2024 (₩49,493 Mil) to Sep. 2024 (₩51,423 Mil) and increased from Sep. 2024 (₩51,423 Mil) to Dec. 2024 (₩53,123 Mil).

BIT Computer Co's annual retained earnings increased from Dec. 2022 (₩42,747 Mil) to Dec. 2023 (₩46,814 Mil) and increased from Dec. 2023 (₩46,814 Mil) to Dec. 2024 (₩53,123 Mil).

BIT Computer Co Retained Earnings Historical Data

The historical data trend for BIT Computer 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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BIT Computer Co Retained Earnings Chart

BIT Computer Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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34,785.08

38,641.27

42,746.66

46,813.52

53,122.95

BIT Computer 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															46,813.52	47,674.04	49,492.82	51,422.96	53,122.95

BIT Computer 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.

BIT Computer Co (XKRX:032850) 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.

BIT Computer Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » BIT Computer Co Ltd (XKRX:032850) » Definitions » Retained Earnings

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Address

1327-33 Bitville Seocho-dong, Seocho-gu, Seoul, KOR, 137-072

Website

http://www.bit.co.kr

BIT Computer Co Ltd operates in the health information services industry in South Korea. The company is engaged in the development of medical information systems. The business domain of the company includes medical information business division, digital health business division, public health business division, and education business division.

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