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Ecopro HN Co (XKRX:383310) Retained Earnings : ₩58,382 Mil (As of Mar. 2024)


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What is Ecopro HN Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ecopro HN Co's retained earnings for the quarter that ended in Mar. 2024 was ₩58,382 Mil.

Ecopro HN Co's quarterly retained earnings increased from Sep. 2023 (₩57,169 Mil) to Dec. 2023 (₩60,958 Mil) but then declined from Dec. 2023 (₩60,958 Mil) to Mar. 2024 (₩58,382 Mil).

Ecopro HN Co's annual retained earnings increased from Dec. 2021 (₩11,113 Mil) to Dec. 2022 (₩38,419 Mil) and increased from Dec. 2022 (₩38,419 Mil) to Dec. 2023 (₩60,958 Mil).


Ecopro HN Co Retained Earnings Historical Data

The historical data trend for Ecopro HN 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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Ecopro HN Co Retained Earnings Chart

Ecopro HN Co Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
11,112.61 38,419.04 60,957.65

Ecopro HN Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38,999.66 47,439.76 57,169.43 60,957.65 58,381.97

Ecopro HN 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.


Ecopro HN Co  (XKRX:383310) 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.


Ecopro HN Co (XKRX:383310) Business Description

Traded in Other Exchanges
N/A
Address
587-40 Gwahaksaneop 2-ro (Songdae-ri 311-1), Ochang-eup, Cheongwon-gu, Chungcheongbuk-do, Cheongju-si, KOR, 28116
Ecopro HN Co Ltd develops PFCs catalysts, greenhouse and harmful gas reduction devices, chemical filter manufacturing technology, and energy-saving VOC removal systems. It has been in the field of air pollution prevention and post-treatment. Its business areas include Chemical Adsorbent, Air Pollution Prevention System, Chemical Air Filter, GHG (Greenhouse Gas), Total Environmental Solution.

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