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Yujin Technology Co (XKRX:240600) Retained Earnings : ₩968 Mil (As of Dec. 2024)


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What is Yujin Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Yujin Technology Co's retained earnings for the quarter that ended in Dec. 2024 was ₩968 Mil.

Yujin Technology Co's quarterly retained earnings declined from Jun. 2024 (₩3,412 Mil) to Sep. 2024 (₩1,866 Mil) and declined from Sep. 2024 (₩1,866 Mil) to Dec. 2024 (₩968 Mil).

Yujin Technology Co's annual retained earnings increased from Dec. 2022 (₩972 Mil) to Dec. 2023 (₩4,143 Mil) but then declined from Dec. 2023 (₩4,143 Mil) to Dec. 2024 (₩968 Mil).


Yujin Technology Co Retained Earnings Historical Data

The historical data trend for Yujin Technology 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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Yujin Technology Co Retained Earnings Chart

Yujin Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
-3,299.88 -544.50 971.68 4,142.53 968.19

Yujin Technology Co Quarterly Data
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 4,142.53 5,036.87 3,412.02 1,865.83 968.19

Yujin Technology 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.


Yujin Technology Co  (XKRX:240600) 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.


Yujin Technology Co Business Description

Traded in Other Exchanges
N/A
Address
42, 2sunhwan-ro, 742beon-gil, Heungdeok-gu, chungcheongbuk-do, Cheongju-si, KOR
Yujin Technology Co Ltd is a company who manufactures and supplies precision molds, precision mechanical parts, and automation equipment necessary for manufacturing secondary batteries, and is engaged in the business of producing and supplying lead tabs, a secondary battery materials.

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