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Next Entertainment World Co (XKRX:160550) Retained Earnings : ₩-64,621 Mil (As of Dec. 2024)


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What is Next Entertainment World Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Next Entertainment World Co's retained earnings for the quarter that ended in Dec. 2024 was ₩-64,621 Mil.

Next Entertainment World Co's quarterly retained earnings declined from Jun. 2024 (₩-52,775 Mil) to Sep. 2024 (₩-56,331 Mil) and declined from Sep. 2024 (₩-56,331 Mil) to Dec. 2024 (₩-64,621 Mil).

Next Entertainment World Co's annual retained earnings declined from Dec. 2022 (₩-32,076 Mil) to Dec. 2023 (₩-44,480 Mil) and declined from Dec. 2023 (₩-44,480 Mil) to Dec. 2024 (₩-64,621 Mil).


Next Entertainment World Co Retained Earnings Historical Data

The historical data trend for Next Entertainment World 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.

Next Entertainment World Co Retained Earnings Chart

Next Entertainment World 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 -291.38 -22,306.91 -32,076.49 -44,480.29 -64,620.85

Next Entertainment World 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 -44,480.29 -45,475.80 -52,774.52 -56,331.06 -64,620.85

Next Entertainment World 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.


Next Entertainment World Co  (XKRX:160550) 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.


Next Entertainment World Co Business Description

Traded in Other Exchanges
N/A
Address
8th Floor, Doosan B/D, Eonjuro 726, Gangnam-Gu, Seoul, KOR
Next Entertainment World Co Ltd is involved in film investment and domestic distribution business. Its business areas include Film, Performance, Ancillary rights distribution, and Music. The firm's key works of film and performance include miracle in cell number 7, the attorney, cold eyes and musical "December and play big talk daddy. It is also involved in the distribution of films and performance in the secondary market through the subsidiary as well as producing, investing and distributing the music of established and new artists and all kinds of music.

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