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Daesung Industrial Co (XKRX:128820) Retained Earnings : ₩329,036 Mil (As of Dec. 2024)


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What is Daesung Industrial Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Daesung Industrial Co's retained earnings for the quarter that ended in Dec. 2024 was ₩329,036 Mil.

Daesung Industrial Co's quarterly retained earnings declined from Jun. 2024 (₩328,163 Mil) to Sep. 2024 (₩326,263 Mil) but then increased from Sep. 2024 (₩326,263 Mil) to Dec. 2024 (₩329,036 Mil).

Daesung Industrial Co's annual retained earnings declined from Dec. 2022 (₩334,410 Mil) to Dec. 2023 (₩324,154 Mil) but then increased from Dec. 2023 (₩324,154 Mil) to Dec. 2024 (₩329,036 Mil).


Daesung Industrial Co Retained Earnings Historical Data

The historical data trend for Daesung Industrial 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.

Daesung Industrial Co Retained Earnings Chart

Daesung Industrial 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 336,598.91 334,873.15 334,410.23 324,154.27 329,035.93

Daesung Industrial 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 324,154.27 332,091.29 328,162.90 326,262.56 329,035.93

Daesung Industrial 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.


Daesung Industrial Co  (XKRX:128820) 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.


Daesung Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
662 Kyunglnro, Guro-gu, Seoul, KOR, 152-888
Daesung Industrial Co Ltd is a holding company that engages in the sale and distribution of petroleum and gas products. It operates through the following business divisions: Petroleum and Gas, Construction, Machinery, Cogeneration, Gas Boiler, Computer System, Industrial Gas, Food and Overseas.

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