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Apex Intec Co (XKRX:207490) Retained Earnings : ₩5,090 Mil (As of Dec. 2023)


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What is Apex Intec Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Apex Intec Co's retained earnings for the quarter that ended in Dec. 2023 was ₩5,090 Mil.

Apex Intec Co's quarterly retained earnings declined from Dec. 2021 (₩5,126 Mil) to Dec. 2022 (₩5,097 Mil) and declined from Dec. 2022 (₩5,097 Mil) to Dec. 2023 (₩5,090 Mil).

Apex Intec Co's annual retained earnings declined from Dec. 2021 (₩5,126 Mil) to Dec. 2022 (₩5,097 Mil) and declined from Dec. 2022 (₩5,097 Mil) to Dec. 2023 (₩5,090 Mil).


Apex Intec Co Retained Earnings Historical Data

The historical data trend for Apex Intec 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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Apex Intec Co Retained Earnings Chart

Apex Intec Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 3,081.13 5,119.52 5,126.20 5,097.06 5,089.78

Apex Intec Co Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings Get a 7-Day Free Trial 3,081.13 5,119.52 5,126.20 5,097.06 5,089.78

Apex Intec 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.


Apex Intec Co  (XKRX:207490) 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.


Apex Intec Co (XKRX:207490) Business Description

Traded in Other Exchanges
N/A
Address
619-9, Indonggasan-Ro, Gasan-Myeon, Gyeongbuk, Chilgok-Gun, KOR
Apex Intec Co Ltd is engaged in designing and manufacturing of LED design. The company's products include LED indoor and outdoor lighting, architechural lighting, and innovative solar power generation device.

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