Yulchon Co (XKRX:146060) Retained Earnings : ₩3,071 Mil (As of Mar. 2024)

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What is Yulchon Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Yulchon Co's retained earnings for the quarter that ended in Mar. 2024 was ₩3,071 Mil.

Yulchon Co's quarterly retained earnings increased from Sep. 2023 (₩2,516 Mil) to Dec. 2023 (₩2,798 Mil) and increased from Dec. 2023 (₩2,798 Mil) to Mar. 2024 (₩3,071 Mil).

Yulchon Co's annual retained earnings increased from Dec. 2020 (₩17,270 Mil) to Dec. 2021 (₩18,540 Mil) and increased from Dec. 2021 (₩18,540 Mil) to Dec. 2022 (₩20,958 Mil).

Yulchon Co Retained Earnings Historical Data

The historical data trend for Yulchon 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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Yulchon Co Retained Earnings Chart

Yulchon Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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18,016.22

19,382.55

17,269.86

18,540.24

20,957.60

Yulchon Co Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial			20,957.60	-	2,516.15	2,797.64	3,070.70

Yulchon 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.

Yulchon Co (XKRX:146060) 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.

Yulchon Co (XKRX:146060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Yulchon Co Ltd (XKRX:146060) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

192, Gongdan 2-daero, Siheung-si, Gyeonggi-do, Seoul, KOR, 15102

Website

http://www.ycpipe.com

Yulchon Co Ltd is a Company engaged in manufacturing of Cold drawing precision steel tubes which is used for automobile parts, heat exchangers, machinery.

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