Histeel Co (XKRX:071090) Retained Earnings : ₩88,808 Mil (As of Dec. 2024)

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What is Histeel Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Histeel Co's retained earnings for the quarter that ended in Dec. 2024 was ₩88,808 Mil.

Histeel Co's quarterly retained earnings declined from Jun. 2024 (₩86,693 Mil) to Sep. 2024 (₩85,794 Mil) but then increased from Sep. 2024 (₩85,794 Mil) to Dec. 2024 (₩88,808 Mil).

Histeel Co's annual retained earnings increased from Dec. 2022 (₩90,010 Mil) to Dec. 2023 (₩90,377 Mil) but then declined from Dec. 2023 (₩90,377 Mil) to Dec. 2024 (₩88,808 Mil).

Histeel Co Retained Earnings Historical Data

The historical data trend for Histeel 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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Histeel Co Retained Earnings Chart

Histeel Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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68,347.58

79,611.55

90,009.62

90,377.45

88,807.73

Histeel 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															90,377.45	90,421.30	86,692.63	85,793.67	88,807.73

Histeel 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.

Histeel Co (XKRX:071090) 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.

Histeel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Histeel Co Ltd (XKRX:071090) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

Hanyoung B/D 8F, 57-8 Chungmuro 3-ga, Jung-Gu, Seoul, KOR, 100-013

Website

http://www.histeel.co.kr

Histeel Co Ltd is a South Korea based company engaged in manufacturing and marketing different types of steel pipes. The product portfolio of the company includes Line Pipe, Pressure Pipe, Structural Pipe, Pipe Pile and Square Pipe among others.

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