Inno Instrument (XKRX:215790) Retained Earnings : ₩-17,958 Mil (As of Dec. 2024)

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What is Inno Instrument Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Inno Instrument's retained earnings for the quarter that ended in Dec. 2024 was ₩-17,958 Mil.

Inno Instrument's quarterly retained earnings declined from Jun. 2024 (₩6,121 Mil) to Sep. 2024 (₩265 Mil) and declined from Sep. 2024 (₩265 Mil) to Dec. 2024 (₩-17,958 Mil).

Inno Instrument's annual retained earnings declined from Dec. 2022 (₩39,674 Mil) to Dec. 2023 (₩21,532 Mil) and declined from Dec. 2023 (₩21,532 Mil) to Dec. 2024 (₩-17,958 Mil).

Inno Instrument Retained Earnings Historical Data

The historical data trend for Inno Instrument'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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Inno Instrument Retained Earnings Chart

Inno Instrument Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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23,823.52

34,034.30

39,673.62

21,532.12

-17,957.79

Inno Instrument 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															21,532.12	15,034.37	6,120.88	265.00	-17,957.79

Inno Instrument 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.

Inno Instrument (XKRX:215790) 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.

Inno Instrument Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inno Instrument Inc (XKRX:215790) » Definitions » Retained Earnings

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Address

Songdo Smart Valley E-2206, 30 Songdomirae-ro, Yeonsu-gu, Incheon, KOR

Website

https://www.innoinstrument.com

Inno Instrument Inc Formerly RBK Group Inc manufactures communication and broadcasting equipment. Its products include fusion splicer, fusion cleaver, fiber stripper, tools & accessories. Its solutions include fiber splicing and optimization service, fiber optic network management, and optical network infrastructure.

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