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HanJung Natural Connectivity System Co (XKRX:107640) Retained Earnings : ₩-13,970 Mil (As of Dec. 2024)


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What is HanJung Natural Connectivity System Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HanJung Natural Connectivity System Co's retained earnings for the quarter that ended in Dec. 2024 was ₩-13,970 Mil.

HanJung Natural Connectivity System Co's quarterly retained earnings increased from Jun. 2024 (₩-30,248 Mil) to Sep. 2024 (₩-28,805 Mil) and increased from Sep. 2024 (₩-28,805 Mil) to Dec. 2024 (₩-13,970 Mil).

HanJung Natural Connectivity System Co's annual retained earnings declined from Dec. 2022 (₩-14,832 Mil) to Dec. 2023 (₩-31,273 Mil) but then increased from Dec. 2023 (₩-31,273 Mil) to Dec. 2024 (₩-13,970 Mil).


HanJung Natural Connectivity System Co Retained Earnings Historical Data

The historical data trend for HanJung Natural Connectivity System 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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HanJung Natural Connectivity System Co Retained Earnings Chart

HanJung Natural Connectivity System 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 7,178.61 5,319.78 -14,832.09 -31,272.82 -13,969.55

HanJung Natural Connectivity System Co Quarterly Data
Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 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 -31,272.82 -32,066.96 -30,247.74 -28,805.20 -13,969.55

HanJung Natural Connectivity System 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.


HanJung Natural Connectivity System Co  (XKRX:107640) 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.


HanJung Natural Connectivity System Co Business Description

Traded in Other Exchanges
N/A
Address
9B1L Youngcheon General Industry Complex, Chaesin-Dong, Gyeongsangbuk-do, Yeongcheon-si, KOR, 770-160
HanJung Natural Connectivity System Co Ltd is an automobile parts manufacturer. The company offered products include head lamp shield, spare tire carrier, parking brake lever, weight classification system, auto levelling sensor, exhaust system, and injection mold, among others. The organization sells its products in Korea and other countries like Germany, India, China, USA and Mexico.

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