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Bankware Global Co (XKRX:199480) Retained Earnings : ₩-35,422 Mil (As of Dec. 2024)


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What is Bankware Global Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bankware Global Co's retained earnings for the quarter that ended in Dec. 2024 was ₩-35,422 Mil.

Bankware Global Co's quarterly retained earnings declined from Mar. 2024 (₩-25,374 Mil) to Sep. 2024 (₩-32,029 Mil) and declined from Sep. 2024 (₩-32,029 Mil) to Dec. 2024 (₩-35,422 Mil).

Bankware Global Co's annual retained earnings declined from Dec. 2022 (₩-13,307 Mil) to Dec. 2023 (₩-21,573 Mil) and declined from Dec. 2023 (₩-21,573 Mil) to Dec. 2024 (₩-35,422 Mil).


Bankware Global Co Retained Earnings Historical Data

The historical data trend for Bankware Global 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.

Bankware Global Co Retained Earnings Chart

Bankware Global 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 -1,476.42 -3,030.46 -13,306.78 -21,572.54 -35,422.16

Bankware Global Co Quarterly Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 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 - -21,572.54 -25,374.41 -32,028.60 -35,422.16

Bankware Global 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.


Bankware Global Co  (XKRX:199480) 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.


Bankware Global Co Business Description

Traded in Other Exchanges
N/A
Address
19, Seosomun-ro 11-gil, 12th floor, B-dong, Jeong-dong, Baejae Jeong-dong Building, Jung-gu, Seoul, KOR
Bankware Global Co Ltd operates as a banking software developer. The company provides financial software development and core banking solutions. The company develops financial institution products and financial transaction business software and supplies them to domestic and international banks and financial companies.

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