Meta Biomed Co (XKRX:059210) Retained Earnings : ₩38,197 Mil (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Meta Biomed Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Meta Biomed Co's retained earnings for the quarter that ended in Sep. 2024 was ₩38,197 Mil.

Meta Biomed Co's quarterly retained earnings increased from Mar. 2024 (₩30,615 Mil) to Jun. 2024 (₩34,339 Mil) and increased from Jun. 2024 (₩34,339 Mil) to Sep. 2024 (₩38,197 Mil).

Meta Biomed Co's annual retained earnings increased from Dec. 2021 (₩13,640 Mil) to Dec. 2022 (₩15,810 Mil) and increased from Dec. 2022 (₩15,810 Mil) to Dec. 2023 (₩25,359 Mil).

Meta Biomed Co Retained Earnings Historical Data

The historical data trend for Meta Biomed 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.

* Premium members only.

Meta Biomed Co Retained Earnings Chart

Meta Biomed Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

8,521.60

4,473.16

13,640.01

15,809.76

25,358.89

Meta Biomed Co 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															23,430.96	25,358.89	30,614.77	34,339.10	38,197.28

Meta Biomed 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.

Meta Biomed Co (XKRX:059210) 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.

Meta Biomed Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Meta Biomed Co Ltd (XKRX:059210) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

634 Yeonje-ri, Gangoe-myeon, Cheongwon-gun, Chungbuk, KOR, 363-951

Website

http://www.meta-biomed.com

Meta Biomed Co Ltd manufactures and markets suture and dental supplies. The company's dental products include endodontic materials, restorative materials, and bone graft material, as well as equipment, including Endo motor, and Endo System. It also offers suture products comprising multifilament and monofilament products, as well as orthopedics and incontinence meshs; bone products consisting of bone substitutes and cement; and medical products, including endoscope and ultrasonic products.

Meta Biomed Co Headlines

No Headlines