LS Eco Energy (XKRX:229640) Retained Earnings : ₩61,827 Mil (As of Dec. 2024)

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What is LS Eco Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LS Eco Energy's retained earnings for the quarter that ended in Dec. 2024 was ₩61,827 Mil.

LS Eco Energy's quarterly retained earnings increased from Jun. 2024 (₩49,760 Mil) to Sep. 2024 (₩57,159 Mil) and increased from Sep. 2024 (₩57,159 Mil) to Dec. 2024 (₩61,827 Mil).

LS Eco Energy's annual retained earnings declined from Dec. 2022 (₩40,397 Mil) to Dec. 2023 (₩36,755 Mil) but then increased from Dec. 2023 (₩36,755 Mil) to Dec. 2024 (₩61,827 Mil).

LS Eco Energy Retained Earnings Historical Data

The historical data trend for LS Eco Energy'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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LS Eco Energy Retained Earnings Chart

LS Eco Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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40,975.78

49,627.99

40,396.85

36,754.84

61,827.13

LS Eco Energy 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															36,754.84	37,949.21	49,759.79	57,159.02	61,827.13

LS Eco Energy 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.

LS Eco Energy (XKRX:229640) 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.

LS Eco Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LS Eco Energy (XKRX:229640) » Definitions » Retained Earnings

Traded in Other Exchanges

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Address

4th floor, LS Yongsan Tower, 92 Hangang-daero, Yongsan-gu, Seoul, KOR

Website

https://www.lsecoenergy.com

LS Eco Energy is a company involved in power, communication cable production, engineering, and construction technology. It produces power cables of various specifications from low voltage to ultra-high voltage based on the company's world-class technology through its subsidiaries. It supplies a variety of communication cables to build digital networks that connect the world. In the rapidly changing communications industry, we supply optical cables and UTP cables that are essential for implementing various multimedia systems such as 5G high-speed communication networks.

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