Wavus Co (XKRX:336060) Retained Earnings : ₩12,788 Mil (As of Dec. 2024)

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What is Wavus Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wavus Co's retained earnings for the quarter that ended in Dec. 2024 was ₩12,788 Mil.

Wavus Co's quarterly retained earnings increased from Jun. 2024 (₩9,882 Mil) to Sep. 2024 (₩10,540 Mil) and increased from Sep. 2024 (₩10,540 Mil) to Dec. 2024 (₩12,788 Mil).

Wavus Co's annual retained earnings declined from Dec. 2021 (₩10,555 Mil) to Dec. 2022 (₩2,460 Mil) but then increased from Dec. 2022 (₩2,460 Mil) to Dec. 2023 (₩9,527 Mil).

Wavus Co Retained Earnings Historical Data

The historical data trend for Wavus 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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Wavus Co Retained Earnings Chart

Wavus Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-6.06

81.80

10,554.62

2,460.03

9,527.39

Wavus 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															9,527.39	8,889.00	9,882.18	10,539.67	12,787.59

Wavus 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.

Wavus Co (XKRX:336060) 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.

Wavus Co Business Description

Industry

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Address

61,1001, Digital-ro 26-Gil, Guro-gu, Guro-dong, Ace High-End Tower 2, Seoul, KOR, 08389

Website

http://www.wavus.co.kr

Wavus Co Ltd is a geospatial information integrated solution company. It has self-developed geospatial data platforms for the public and private sectors so that anyone can build geospatial data services. It provides various APIs and functions necessary for configuring geospatial data services in a customized way and provides stable quality and the technical environment by supporting open sources and frameworks.

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