Sangsangin Co (XKRX:038540) Retained Earnings : ₩417,725 Mil (As of Dec. 2024)

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What is Sangsangin Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sangsangin Co's retained earnings for the quarter that ended in Dec. 2024 was ₩417,725 Mil.

Sangsangin Co's quarterly retained earnings declined from Jun. 2024 (₩560,922 Mil) to Sep. 2024 (₩515,788 Mil) and declined from Sep. 2024 (₩515,788 Mil) to Dec. 2024 (₩417,725 Mil).

Sangsangin Co's annual retained earnings declined from Dec. 2022 (₩674,357 Mil) to Dec. 2023 (₩611,446 Mil) and declined from Dec. 2023 (₩611,446 Mil) to Dec. 2024 (₩417,725 Mil).

Sangsangin Co Retained Earnings Historical Data

The historical data trend for Sangsangin 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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Sangsangin Co Retained Earnings Chart

Sangsangin Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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536,248.19

637,184.48

674,357.45

611,446.16

417,724.96

Sangsangin 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															611,446.16	632,129.10	560,921.92	515,788.01	417,724.96

Sangsangin 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.

Sangsangin Co (XKRX:038540) 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.

Sangsangin Co Business Description

Industry

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Address

358 Hwangsaewul-Road, Bundang-Gu, Gyeonggi-Do, Seongnam-Si, KOR, 153-759

Website

https://www.sangsanginworld.co.kr

Sangsangin Co Ltd is engaged in the business of information and communication, finance, shipbuilding, and computer program development. The information and communication business provides a comprehensive range of services from network design, equipment supply and installation, and maintenance. The financial business sector mainly engages in savings banks and financial investment businesses, and the shipbuilding business manufactures and sells facilities and equipment used for the construction or repair of ships, and the computer program development and operation business segment develops and directly operates or sells computer programs necessary for network construction and collateral management, and the majority of its revenue generated from the Financial sector.

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