CJ Bioscience (XKRX:311690) Retained Earnings : ₩-119,067 Mil (As of Dec. 2024)

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What is CJ Bioscience Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CJ Bioscience's retained earnings for the quarter that ended in Dec. 2024 was ₩-119,067 Mil.

CJ Bioscience's quarterly retained earnings declined from Jun. 2024 (₩-101,077 Mil) to Sep. 2024 (₩-109,345 Mil) and declined from Sep. 2024 (₩-109,345 Mil) to Dec. 2024 (₩-119,067 Mil).

CJ Bioscience's annual retained earnings declined from Dec. 2022 (₩-62,738 Mil) to Dec. 2023 (₩-85,951 Mil) and declined from Dec. 2023 (₩-85,951 Mil) to Dec. 2024 (₩-119,067 Mil).

CJ Bioscience Retained Earnings Historical Data

The historical data trend for CJ Bioscience'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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CJ Bioscience Retained Earnings Chart

CJ Bioscience Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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-8,762.59

-28,034.93

-62,738.26

-85,951.47

-119,067.21

CJ Bioscience 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															-85,951.47	-93,336.11	-101,076.73	-109,344.59	-119,067.21

CJ Bioscience 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.

CJ Bioscience (XKRX:311690) 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.

CJ Bioscience Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » CJ Bioscience Inc (XKRX:311690) » Definitions » Retained Earnings

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Address

7th floor, Grand Central Building B, 14 Sejong-Daero, Jung-gu, Seoul, KOR

Website

https://www.cjbioscience.com

CJ Bioscience Inc is engaged in directing a healthy life based on microbiological research. It presents directions and solutions to all fields of research on the microbiome, such as academia in the bioinformatics field, R&D centers of hospitals and research institutes, and NGS (next-generation sequencing) service companies. Its services includes NGS, EZBioCloud, Healthcare among others.

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