Novatech Co (XKRX:285490) Retained Earnings : ₩151,840 Mil (As of Dec. 2024)

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What is Novatech Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Novatech Co's retained earnings for the quarter that ended in Dec. 2024 was ₩151,840 Mil.

Novatech Co's quarterly retained earnings increased from Jun. 2024 (₩131,685 Mil) to Sep. 2024 (₩134,815 Mil) and increased from Sep. 2024 (₩134,815 Mil) to Dec. 2024 (₩151,840 Mil).

Novatech Co's annual retained earnings increased from Dec. 2022 (₩97,772 Mil) to Dec. 2023 (₩125,679 Mil) and increased from Dec. 2023 (₩125,679 Mil) to Dec. 2024 (₩151,840 Mil).

Novatech Co Retained Earnings Historical Data

The historical data trend for Novatech 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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Novatech Co Retained Earnings Chart

Novatech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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44,543.91

81,783.82

97,771.80

125,679.34

151,840.36

Novatech Co 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															125,679.34	126,806.18	131,685.30	134,815.03	151,840.36

Novatech 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.

Novatech Co (XKRX:285490) 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.

Novatech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Novatech Co Ltd (XKRX:285490) » Definitions » Retained Earnings

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Address

Simindaero 230, A-401, Pyeongchon Acro tower, Geonggi-do, Anyang-si, Dongan-gu, KOR

Website

http://www.novatech.co.kr

Novatech Co Ltd is a Korea based glass processing company. It is mainly engaged in the production of components including OELD (organic light-emitting diode) encapsulation glass, flat display panels, and super slim glass. The company operates in three business divisions including EG (OLED Encapsulation Glass) division, new business development, and lightining business division.

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