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NewFlex Technology Co (XKRX:085670) Retained Earnings : ₩38,710 Mil (As of Sep. 2024)


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What is NewFlex Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NewFlex Technology Co's retained earnings for the quarter that ended in Sep. 2024 was ₩38,710 Mil.

NewFlex Technology Co's quarterly retained earnings increased from Mar. 2024 (₩33,459 Mil) to Jun. 2024 (₩36,632 Mil) and increased from Jun. 2024 (₩36,632 Mil) to Sep. 2024 (₩38,710 Mil).

NewFlex Technology Co's annual retained earnings increased from Dec. 2021 (₩6,612 Mil) to Dec. 2022 (₩21,027 Mil) and increased from Dec. 2022 (₩21,027 Mil) to Dec. 2023 (₩27,814 Mil).


NewFlex Technology Co Retained Earnings Historical Data

The historical data trend for NewFlex Technology 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.

NewFlex Technology Co Retained Earnings Chart

NewFlex Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,426.51 4,209.02 6,611.95 21,026.60 27,813.51

NewFlex Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25,032.34 27,813.51 33,459.40 36,632.19 38,709.81

NewFlex Technology 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.


NewFlex Technology Co  (XKRX:085670) 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.


NewFlex Technology Co Business Description

Traded in Other Exchanges
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Address
603-4 Banwoul Industry Complex, 1055 Shingil-dong, Danwon-gu, Ansan, Gyeonggi, KOR, 425-839
NewFlex Technology Co Ltd is involved in manufacturing and selling flexible printed circuit boards products in South Korea. The company offers single side, double side, multi-layer, rigid, and build-up and IVH flexible printed circuit boards, as well as metal, printed circuit boards. Its products are primarily used in mobile, LED, and IT parts.

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