BGF Retail Co (XKRX:282330) Retained Earnings : ₩723,124 Mil (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is BGF Retail Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BGF Retail Co's retained earnings for the quarter that ended in Jun. 2024 was ₩723,124 Mil.

BGF Retail Co's quarterly retained earnings declined from Dec. 2023 (₩712,264 Mil) to Mar. 2024 (₩664,681 Mil) but then increased from Mar. 2024 (₩664,681 Mil) to Jun. 2024 (₩723,124 Mil).

BGF Retail Co's annual retained earnings increased from Dec. 2021 (₩445,676 Mil) to Dec. 2022 (₩600,078 Mil) and increased from Dec. 2022 (₩600,078 Mil) to Dec. 2023 (₩712,264 Mil).

BGF Retail Co Retained Earnings Historical Data

The historical data trend for BGF Retail 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.

BGF Retail Co Retained Earnings Chart

BGF Retail Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

254,890.00

335,710.62

445,675.69

600,078.13

712,263.64

BGF Retail Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															616,181.07	686,132.05	712,263.64	664,680.51	723,123.96

BGF Retail 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.

BGF Retail Co (XKRX:282330) 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.

BGF Retail Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » BGF Retail Co Ltd (XKRX:282330) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 Taeheran-ro, BGF Building, Gangnam-ku, Samsung-dong, Seoul, KOR

Website

http://www.bgfretail.com

BGF Retail Co Ltd operates retailer stores in Korea. The company's business sector includes BGFnetworks, BGFhumannet, BGFlogis, and BGFfoods. BGFnetworks is engaged in the digital advertising business, cash logistics, and e-vouchers, BGFhumannet is specialized in finding human resources, BGFlogis provides distribution services, and BGFfoods operates both a food manufacturing facility and distribution center to make fresh foods such as lunch boxes, rice balls, sushi rolls, sandwiches, and hamburgers.

BGF Retail Co Headlines

No Headlines