KODI Co (XKRX:080530) Retained Earnings : ₩-66,468 Mil (As of Jun. 2024)

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What is KODI Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. KODI Co's retained earnings for the quarter that ended in Jun. 2024 was ₩-66,468 Mil.

KODI Co's quarterly retained earnings declined from Dec. 2023 (₩-68,700 Mil) to Mar. 2024 (₩-68,970 Mil) but then increased from Mar. 2024 (₩-68,970 Mil) to Jun. 2024 (₩-66,468 Mil).

KODI Co's annual retained earnings declined from Dec. 2021 (₩-49,528 Mil) to Dec. 2022 (₩-62,484 Mil) and declined from Dec. 2022 (₩-62,484 Mil) to Dec. 2023 (₩-68,700 Mil).

KODI Co Retained Earnings Historical Data

The historical data trend for KODI 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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KODI Co Retained Earnings Chart

KODI Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-39,321.27

-42,197.48

-49,528.38

-62,483.66

-68,699.71

KODI Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															-64,404.26	-61,839.86	-68,699.71	-68,969.86	-66,468.23

KODI 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.

KODI Co (XKRX:080530) 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.

KODI Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » KODI Co Ltd (XKRX:080530) » Definitions » Retained Earnings

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Address

200 Jungbu-daero, Yeongdeok-dong, Giheung-gu, Gyeonggi-do, Yongin-si, KOR, 449-833

Website

http://www.kodi-s.com

KODI Co Ltd is a Korea based color cosmetics original development manufacturing (ODM) and container manufacturing company. It operates in the business areas of Cosmetics manufacturing, Container manufacturing and Display. The products offered by the company in the Cosmetics manufacturing area are cleansing products, lip stick, lip mousse, water lip, lip liner, nail care products, and eyecare products, among others. In the Container manufacturing area, the organization offers cosmetic container products in the field of skin care, compact, stick and others.

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