Kostecsys Co (XKRX:355150) Retained Earnings : ₩4,223 Mil (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Kostecsys Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kostecsys Co's retained earnings for the quarter that ended in Sep. 2024 was ₩4,223 Mil.

Kostecsys Co's quarterly retained earnings increased from Mar. 2024 (₩5,254 Mil) to Jun. 2024 (₩5,337 Mil) but then declined from Jun. 2024 (₩5,337 Mil) to Sep. 2024 (₩4,223 Mil).

Kostecsys Co's annual retained earnings declined from Dec. 2021 (₩-52 Mil) to Dec. 2022 (₩-900 Mil) and declined from Dec. 2022 (₩-900 Mil) to Dec. 2023 (₩-12,317 Mil).

Kostecsys Co Retained Earnings Historical Data

The historical data trend for Kostecsys 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.

Kostecsys Co Retained Earnings Chart

Kostecsys Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-38.76

-52.10

-900.40

-12,316.85

Kostecsys Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial													-12,415.22	-12,316.85	5,254.16	5,337.11	4,222.90

Kostecsys 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.

Kostecsys Co (XKRX:355150) 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.

Kostecsys Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Kostecsys Co Ltd (XKRX:355150) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

261, Namdongseo-ro, 20B-5L, Namdong Industrial Complex, Namdong-gu, Incheon, KOR

Website

https://www.kostec.net

Kostecsys Co Ltd manufactures and distributes semiconductor products. It specializes in low thermal expansion and high thermal conductivity materials for SiC and GaN Next-Generation power semiconductors. Its products are used in vast industries including Electric Vehicles, 5G Communication, Radar, Robots, Aerospace, and the Military. Its products comprise Heatspreader Materials, Ceramic Substrates, RF Power Device Ceramic Packages, RF Power Device Polymer Packages, Lids, Laser Module Package, and Micro Cooling Systems.

Kostecsys Co Headlines

No Headlines