Axgate Co (XKRX:356680) Retained Earnings : ₩19,153 Mil (As of Dec. 2024)

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What is Axgate Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Axgate Co's retained earnings for the quarter that ended in Dec. 2024 was ₩19,153 Mil.

Axgate Co's quarterly retained earnings declined from Jun. 2024 (₩15,217 Mil) to Sep. 2024 (₩14,104 Mil) but then increased from Sep. 2024 (₩14,104 Mil) to Dec. 2024 (₩19,153 Mil).

Axgate Co's annual retained earnings increased from Dec. 2022 (₩14,859 Mil) to Dec. 2023 (₩15,154 Mil) and increased from Dec. 2023 (₩15,154 Mil) to Dec. 2024 (₩19,153 Mil).

Axgate Co Retained Earnings Historical Data

The historical data trend for Axgate 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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Axgate Co Retained Earnings Chart

Axgate Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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6,755.49

10,280.15

14,859.14

15,153.93

19,152.81

Axgate Co Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial											15,153.93	15,343.10	15,217.02	14,104.46	19,152.81

Axgate 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.

Axgate Co (XKRX:356680) 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.

Axgate Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Axgate Co Ltd (XKRX:356680) » Definitions » Retained Earnings

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Address

13, Yeongdong-daero 85-gil, 5th Floor, Daechi-dong 950-1, Songseok Building, Gangnam-gu, Seoul, KOR

Website

http://www.axgate.com

Axgate Co Ltd is engaged in network security solutions and control services. The company develops control systems, network security systems, and other products. Its products comprise integrated wired and wireless solutions, axgate series nest generation firewall, remote power control solutions, integrated security control systems, and web service security control systems.

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