Neorigin Co (XKRX:094860) Retained Earnings : ₩4,785 Mil (As of Dec. 2023)

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What is Neorigin Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Neorigin Co's retained earnings for the quarter that ended in Dec. 2023 was ₩4,785 Mil.

Neorigin Co's quarterly retained earnings increased from Jun. 2023 (₩-18,694 Mil) to Sep. 2023 (₩-18,251 Mil) and increased from Sep. 2023 (₩-18,251 Mil) to Dec. 2023 (₩4,785 Mil).

Neorigin Co's annual retained earnings declined from Dec. 2021 (₩-12,485 Mil) to Dec. 2022 (₩-15,002 Mil) but then increased from Dec. 2022 (₩-15,002 Mil) to Dec. 2023 (₩4,785 Mil).

Neorigin Co Retained Earnings Historical Data

The historical data trend for Neorigin 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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Neorigin Co Retained Earnings Chart

Neorigin Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-8,715.20

-10,487.18

-12,484.55

-15,002.42

4,785.46

Neorigin Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-15,002.42	-14,332.25	-18,694.39	-18,251.29	4,785.46

Neorigin 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.

Neorigin Co (XKRX:094860) 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.

Neorigin Co (XKRX:094860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Neorigin Co Ltd (XKRX:094860) » Definitions » Retained Earnings

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Address

155, Hakdong-ro, 3rd and 4th Floor, Wonyoung Building, Gangnam-gu, Seoul, KOR, 135-010

Website

http://www.kornicglory.co.kr

Neorigin Co Ltd, formerly KORNIC GLORY Co Ltd is engaged in providing network security solutions for public and educational institutes in Korea and internationally. The company offers security solutions, including TESS TMS and TESS TMS V6.0, which are cyber threat management systems; TESS AIRTMS, a wireless intrusion prevention system; and TESS TMX, a threat management system for measurement and overall management. It also provides a security risk management system for enterprises.

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