Jinyoung Co (XKRX:285800) Retained Earnings : ₩15,914 Mil (As of Mar. 2024)

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What is Jinyoung Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jinyoung Co's retained earnings for the quarter that ended in Mar. 2024 was ₩15,914 Mil.

Jinyoung Co's quarterly retained earnings declined from Sep. 2023 (₩16,288 Mil) to Dec. 2023 (₩15,948 Mil) and declined from Dec. 2023 (₩15,948 Mil) to Mar. 2024 (₩15,914 Mil).

Jinyoung Co's annual retained earnings increased from Dec. 2021 (₩12,699 Mil) to Dec. 2022 (₩17,821 Mil) but then declined from Dec. 2022 (₩17,821 Mil) to Dec. 2023 (₩15,948 Mil).

Jinyoung Co Retained Earnings Historical Data

The historical data trend for Jinyoung 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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Jinyoung Co Retained Earnings Chart

Jinyoung Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

6,810.81

12,698.89

17,821.11

15,947.96

Jinyoung Co Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial			-	17,105.54	16,288.01	15,947.96	15,913.93

Jinyoung 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.

Jinyoung Co (XKRX:285800) 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.

Jinyoung Co (XKRX:285800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Jinyoung Co Ltd (XKRX:285800) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

129 Majung-ro, Seo-gu, Incheon, KOR

Website

http://www.jyp21.co.kr

Jinyoung Co Ltd specializing in surface finishing sheet and edge for furniture business activity.

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