LX Holdings (XKRX:383800) Retained Earnings : ₩399,135 Mil (As of Mar. 2024)

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What is LX Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LX Holdings's retained earnings for the quarter that ended in Mar. 2024 was ₩399,135 Mil.

LX Holdings's quarterly retained earnings declined from Sep. 2023 (₩384,192 Mil) to Dec. 2023 (₩371,650 Mil) but then increased from Dec. 2023 (₩371,650 Mil) to Mar. 2024 (₩399,135 Mil).

LX Holdings's annual retained earnings increased from Dec. 2021 (₩140,508 Mil) to Dec. 2022 (₩323,856 Mil) and increased from Dec. 2022 (₩323,856 Mil) to Dec. 2023 (₩371,650 Mil).

LX Holdings Retained Earnings Historical Data

The historical data trend for LX Holdings'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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LX Holdings Retained Earnings Chart

LX Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

140,508.00

323,856.00

371,650.00

LX Holdings Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial							340,315.00	362,673.00	384,192.00	371,650.00	399,135.00

LX Holdings 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.

LX Holdings (XKRX:383800) 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.

LX Holdings (XKRX:383800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » LX Holdings (XKRX:383800) » Definitions » Retained Earnings

Traded in Other Exchanges

38380K:Korea

Address

128, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR

Website

http://www.lxholdings.co.kr

LX Holdings is a Korea-based company. It offers solutions that link regions and generations by providing various materials, components, and services. Its business segments consist of International including energy, palm, living resources, and solutions; Pantos including total logistics; Hausys including building and interior, automotive materials, and industrial film; Silicon Works including system IC technologies; and MMA.

LX Holdings (XKRX:383800) Headlines

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