Osp Co (XKRX:368970) Retained Earnings : ₩12,169 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Osp Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Osp Co's retained earnings for the quarter that ended in Mar. 2024 was ₩12,169 Mil.

Osp Co's quarterly retained earnings declined from Sep. 2023 (₩13,241 Mil) to Dec. 2023 (₩11,678 Mil) but then increased from Dec. 2023 (₩11,678 Mil) to Mar. 2024 (₩12,169 Mil).

Osp Co's annual retained earnings increased from Dec. 2020 (₩8,103 Mil) to Dec. 2021 (₩10,979 Mil) and increased from Dec. 2021 (₩10,979 Mil) to Dec. 2022 (₩12,080 Mil).

Osp Co Retained Earnings Historical Data

The historical data trend for Osp 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.

Osp Co Retained Earnings Chart

Osp Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Retained Earnings

4,789.34

8,102.57

10,978.87

12,080.11

Osp Co Quarterly Data
	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial					12,313.15	12,659.69	13,241.29	11,677.51	12,168.98

Osp 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.

Osp Co (XKRX:368970) 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.

Osp Co (XKRX:368970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Osp Co Ltd (XKRX:368970) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

11, Saneopdanji-ro 2-gil, Seongdong-myeon, Chungcheongnam-do, Nonsan-si, KOR, 32925

Website

http://www.osppetfood.com

Osp Co Ltd is an organic pet food manufacturer, completes its products for pet families with unique multi-year know-how. more. The company processes natural pet foods, inorganic pet feeds, and other products.

Osp Co (XKRX:368970) Headlines

No Headlines