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WOONGJIN THINKBIG Co (XKRX:095720) Retained Earnings : ₩166,960 Mil (As of Dec. 2024)


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What is WOONGJIN THINKBIG Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. WOONGJIN THINKBIG Co's retained earnings for the quarter that ended in Dec. 2024 was ₩166,960 Mil.

WOONGJIN THINKBIG Co's quarterly retained earnings increased from Jun. 2024 (₩183,960 Mil) to Sep. 2024 (₩185,441 Mil) but then declined from Sep. 2024 (₩185,441 Mil) to Dec. 2024 (₩166,960 Mil).

WOONGJIN THINKBIG Co's annual retained earnings declined from Dec. 2022 (₩228,633 Mil) to Dec. 2023 (₩187,386 Mil) and declined from Dec. 2023 (₩187,386 Mil) to Dec. 2024 (₩166,960 Mil).


WOONGJIN THINKBIG Co Retained Earnings Historical Data

The historical data trend for WOONGJIN THINKBIG 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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WOONGJIN THINKBIG Co Retained Earnings Chart

WOONGJIN THINKBIG Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 205,206.84 237,234.13 228,633.42 187,386.12 166,960.13

WOONGJIN THINKBIG 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 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 187,386.12 182,121.62 183,959.65 185,440.93 166,960.13

WOONGJIN THINKBIG 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.


WOONGJIN THINKBIG Co  (XKRX:095720) 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.


WOONGJIN THINKBIG Co Business Description

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Address
Cultrure Publish Complex, 535-1, Munbal-Ri, Gyoha-Eup, Paju, Gyeonggi, KOR, 413-756
WOONGJIN THINKBIG Co Ltd operates as a book publisher for various age groups in South Korea. It develops and offers educational and cultural content, including member-only workbooks, complete works series for children, study rooms, learning centers, online and offline book publishing services. The company also offers book curation, tutoring, and visiting learning services; and educational and cultural contents for toddlers, young customers, and adults.

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